What Is an Authorized Plan Administrator?
A plan administrator can be a fiduciary, a financial broker, the employer, a third-party administrator, a committee, or a group of trustees working for the company put in charge of decision-making.
Everyone
Employers & Business Owners
What Is 415 Safe Harbor Compensation?
For most people, the word just means the money they receive in their paycheck. If you’re a retirement plan sponsor, there are three primary ways of defining the word ‘compensation’ when it comes to plan administration.
Everyone
Employers & Business Owners
What Is an ERISA Bond?
Fidelity bonds are mandated by ERISA to protect retirement, pension, and other employee benefit plans from fraud, mismanagement, and abuse.
Everyone
Employees
What Is a 401(k) Plan Administrator?
One of the first steps in sponsoring a 401(k) plan is to partner with a 401(k) plan administrator who is legally responsible for setting up and maintaining your employee retirement benefits program.
Everyone
Employers & Business Owners
Introducing: Simply Retirement by Principal®
Simply Retirement by Principal® with plan services by Ubiquity is here! This is a 100% digital solution for financial advisors and their clients looking to start retirement plans.
Everyone
Employers & Business Owners
Can I Take All of My Money out of My 401(k) When I Retire?
It's important to consider all options before raiding your 401(k) savings. Consider all options before doing so.
Everyone
Employees
Pros and Cons of a Safe Harbor Plan
Many small business owners find that the good outweighs the bad with a Safe Harbor 401(k) plan, which gives them a free pass on annual IRS testing.
Everyone
Employers & Business Owners
How to rollover your 401(k) once an employer changes retirement providers
Employees generally do not need to “roll over” their 401(k)s if the employer changes retirement providers, since the new provider assumes administrative duties and undertakes a “plan conversion.”
Everyone
Employers & Business Owners
What Are the Steps to Transferring 401(k) Providers
Switching 401(k) providers made easy! Learn the process to ensure cost savings, better investments, and more. Discover how to upgrade your plan now.
Everyone
Employers & Business Owners
Can a Trust Be a Beneficiary of a 401(k) Plan
Leaving your inheritance in a trust allows you to control where and how your assets are divided after your death. Learn the pros and cons to this type of legacy planning, given IRS rules and limitations.
Everyone
Employees
What is a Safe Harbor Nonelective Contribution
Safe Harbor 401(k)s allow employers to match contributions or offer nonelective contributions, benefitting everyone involved.
Everyone
Employers & Business Owners
How to Determine Safe Harbor Contributions
Safe Harbor contributions use three formulas: two matching options (basic or enhanced) and a third with nonelective contributions for all eligible employees.
Everyone
Employers & Business Owners
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