by navbrs_admin | Aug 18, 2015 | Blog Article, Education
Fidelity Investments, the largest provider of 401(k) plans, recently announced data on their 13 million 401(k) customers accounts that provides an insight into saving for retirement. One of the most interesting items from the report itself was the fact that 401(k)...
by navbrs_admin | Aug 18, 2015 | Blog Article, Education
Solo 401(k) plans have being growing in popularity with self-employed persons. Solo 401(k)s are an excellent tool for self employed persons to maximize contributions in their own business or self-employment just like large companies who offer plans for their...
by navbrs_admin | Aug 18, 2015 | Blog Article, Education
Have you amended your solo 401(k) plan lately or are you planning on paying penalties? IRS Rev Proc. 2007-44 requires that every 401(k) plan, including solo 401(s)s, be updated and amended at least every six years. PLANS MUST BE UPDATED EVERY 6 YEARS This six year...