Posts by pwsadmin
Video 2021-Q3: 20 Questions To Benchmark Your 401(k)
When was the last time you reviewed your retirement plan – 5 years ago, 3 years ago? If it has been over a year, it may be time to benchmark…
Read MoreCycle 3 401(k) Deadline quickly approaching
For the millions of business owners that offer a workplace retirement plan, the COVID-19 pandemic created many financial difficulties. However, as the economic climate improves, there is an opportunity for…
Read MoreDo You Want to Be Taxed Now or Later?
Are you getting the most bang for your buck? When choosing to invest your hard-earned dollars into a Traditional or Roth 401(k), there are a couple of big factors to…
Read MoreWhat’s the buzz about PEP, MEPs and SEPs?
Just ask anyone: Uncle Sam and the retirement industry love acronyms. Another was added in December 2020—PEP—which conveniently rhymes with MEP and SEP. The three plan types are 401(k) cousins[1]…
Read MorePlan Sponsor Guide 2021 Q3: Different Types Of Workplace Plans
Help your employees save with a plan that fits your unique organization! Each type of retirement plan comes with its own set of features and tax advantage strategies for employees…
Read MoreCARES Act Deadlines: What Plan Sponsors Need to Know
The CARES Act gave plan participants quick access to funds during the COVID crisis, although only about 6% of participants took advantage of the options offered.[1] However, as a plan…
Read MoreHow can employers help stop retirement savings setbacks?
The global pandemic has had a staggering effect on the economic lives of millions, driving them to actions that could have long-lasting effects on their retirement savings. Facing unprecedented strain…
Read More3 ways for employees to take charge of their money
30% of Americans don’t have a budget. In fact, 3 in 5 don’t know how much they spent last month, and the median household retirement account balance in America is…
Read MoreHow to begin normalizing retirement savings in the workplace
Many American workers struggled financially before the COVID-19 pandemic. Therefore, it isn’t surprising that this crisis could greatly hinder their ability to reach their retirement income goals. Indeed, more than…
Read MorePlan Sponsor Guide 2021-Q2: A CFOs Guide to Financial Wellness
When employees are financially stressed, they spend three or more hours a week – approximately 150 hours per year – worrying about personal finances or dealing with them at work.[1]…
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