Have You Met Your Match?
Consider an employer match as a way to benefit your employees and improve company retention.
News and Resources for Retirement Plan Sponsors and Fiduciaries from your Retirement Team at Lagos Wealth Advisors
Consider an employer match as a way to benefit your employees and improve company retention.
There are some benefits to partnering with a retirement plan advisor for your plan.
Plan designs might include some options for a safe harbor design, which would help certain nondiscrimination testing and provide an added benefit to your workforce.
What is the Calsavers Program and how does it apply to my business? We've answered some of your most pressing questions here.
Employees fail to enroll in their retirement plan for a variety of reasons. They may be intimidated if it’s their first time around or they might not fully understand and appreciate the benefits (or the downside of not participating). Some could be concerned about “locking up” their money — and others might worry so much about making the “wrong” investment decision that they procrastinate making any decision at all.
Eligible employers may be able to claim a tax credit of up to $5,000, for three years, for the ordinary and necessary costs of starting a SEP, SIMPLE IRA or qualified plan (like a 401(k) plan.) A tax credit reduces the amount of taxes you may owe on a dollar-for-dollar basis.