The Importance of Discretionary Testing: ACP and ADP If you’re a business owner who is interested in offering retirement benefits like a 401k, you may have heard of the words nondiscrimination or discretionary testing. These tests were designed to ensure fairness when...
Many states are starting to require businesses–even smaller businesses with as few as 5 employees–to participate in a state-sponsored retirement plan (generally an IRA), unless they already offer an employer-sponsored plan, in response to what is being...
Most US states now require employers to offer retirement or have legislation pending that will mandate retirement programs. Click below to see where your state stands or scroll down to learn...
Long gone are the days when retirement plans could only be offered by big corporations. Thanks to Pooled Employer Plans (PEPs), retirement plans are more accessible than ever. But what exactly is a Pooled Employer Plan? These plans allow businesses to pool their...
Now, more than ever before, maintaining a positive business reputation is vital to enticing customers, attracting talent, and retaining your employees. In fact, when job hunting, more and more job seekers are doing their due diligence when it comes to researching...
A once ubiquitous offering to the American workforce, retirement plans have all but disappeared from the average small business benefits program. However, with the inception of the Pooled Employer Plan (PEP), it is now possible for small and medium-sized business...
