Even if you have no plans to retire, succession planning is needed in the event something happens to you – death, serious illness or disability.
The vast majority of employers are dangerously unaware of the risks and responsibilities associated with serving as their company’s 401(k) plan sponsor.
If you’re a small business owner, you’ve likely considered offering your employees a retirement plan. If you’re like most small business owners, you’ve likely run into a wall of confusing retirement plan options. Find out what you need to know to choose the right retirement plan for your small business.
If you’ve set up 401k plans for your employees, or are thinking of doing so, it’s vitally essential that you understand the many facets of your fiduciary responsibility to your employees regarding their 401k plans.