The employer match is one of the most common features used by firms to bolster 401k participation and contribution rates,…Click to continue
Americans, on the whole, are financially underprepared for retirement -- and they’re looking to their employers not only for generous retirement plans but also sage financial advice. But at the same time, companies are strapped for resources to help them. This site will provide you with best practices and regulatory guidance to help you create competitive retirement packages.
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Employers are well aware that the feds are aggressively looking into company-sponsored 401k plans for compliance issues. So it’s alarming that the vast majority of plans the DOL looked at last year violated ERISA in some way.
Many features of employer-sponsored 401ks vary greatly from company to company. So what does a “typical” 401k look like?