Get Ready for New 401k Plan Requirements

Kareem called me from the HR department of a client company. “Hi David. What happens when a new employee doesn’t formally opt in or out of the retirement plan? I’m not sure what to do with them.” “Great question, Kareem, and a timely one. Starting this year, if you...

Starter 401k / 403b Plans. Are They Worth it?

“David, I read your blog post about state-mandated IRA programs, and how it makes sense to set-up your own retirement plan and not use the government’s.” “Thanks Jeff. I’m always happy to hear from someone who’s doing their homework and trying to stay on top of what’s...

Huge Enhancements to Small Pension Plan Start-up Costs

Shannon was referred to me by a client. “I’m starting up a new business venture and Kim told me you could help set up the retirement plan.” “Hi Shannon,” I said. “You’re going to like the good news I have for you. Thanks to a new set of changes in the rules called...