Navigating the complexities of benefits management, retirement plan administration, and compliance can be daunting for businesses of all sizes. This is where a Third-Party Administrator (TPA) comes into play. For businesses in Phoenix, working with a TPA offers a streamlined way to manage employee benefits while ensuring compliance and efficiency. Let’s explore the role of […]
The SECURE Act 2.0 is set to bring transformative changes to the retirement planning landscape starting January 1, 2025. Designed to enhance retirement savings opportunities, expand plan participation, and simplify compliance for employers, this legislation represents a significant evolution in retirement policy. For individuals and businesses in Phoenix, Arizona, understanding these updates is crucial to […]
Retirement plans are critical for business owners who want to attract and retain talent while offering employees robust savings opportunities. Among the many options available, new comparability profit sharing plans stand out for their flexibility and targeted benefits. This article explores what new comparability profit sharing plans are, how they work, and why they can […]
For small business owners, retirement planning often brings up a lot of questions, especially for those who have set up an owner-only or solo 401(k) plan. While these plans offer unique advantages, there are specific filing requirements and compliance rules that must be met to maintain their benefits. Missteps in filing can lead to penalties, […]
Navigating the complex world of retirement plans is essential for businesses looking to offer competitive benefits while managing costs effectively. With a myriad of retirement plan options available, each with its unique features, it can be challenging to determine which plan aligns best with your business’s goals and employees’ needs. This comprehensive guide aims to […]
