Small Business Plan Design in Practice
Advisers and recordkeepers discuss plan design for the burgeoning small business 401(k) market.
Tag: Small Businesses
Fiduciary Fee Study
Small business 401(k) plan costs can benefit from fiduciary-grade advice, a practice that will be mandatory via the DOL’s new...
Senate Introduces Bill to Require SEC to Modify Small Entity Definition
The bill has already passed the House.
401GO Raises $12M Series A Funding Led by Next Frontier Capital
Rally Ventures, Impression Ventures and Stout Street Capital contributed to the round, fueling the small plan provider’s growth strategy to...
Why Small 401(k) Plans Should Remain Wary of Hidden Fees
Advisers should identify key fee drivers to protect participant outcomes, particularly for plans of less than $1 billion.
OneDigital Offers 401(k) Solution by Principal to Small Business Clients
OneDigital advisers will use Simply Retirement by Principal, with the goal of streamlining the process of setting up a retirement...
Small Businesses See Many Obstacles to Plan Creation, Lack Awareness of SECURE 2.0
A survey from Capital Group found that businesses with fewer than 50 employees often lacked awareness of key provisions in...
Transamerica Renews Small Business Retirement Plan Campaign
Starting September 1, the provider will launch a campaign called 401(k)ares that will include an incentive to transfer from a...
Construction, Farming, Among Sectors with Lowest Retirement Plan Access
There is a role for financial advisers, accountants, and payroll providers to improve the plan coverage gap across industries, alongside...
Congress Says It Will Fix at Least 4 Errors in SECURE 2.0
The errors include the startup credit, RMD, SIMPLE IRA plans and Roth catch-ups.
Small Business Owners More Likely to Phone a Friend, Not an Adviser
When asked whose counsel they would seek before setting up an employee retirement plan, small business owners prioritized family, friends...
Do Small Business Owners Need Retirement Advisers Too?
Amassing sufficient retirement income and the impact of taxes on retirement savings are small business owners’ top concerns.
House Committee Unanimously Approves Bill Requiring SEC to Study Size Cutoff for Advisory Firms
The Small Entity Update Act requires the SEC to revisit the ‘small entity’ definition of advisory firms every five years.
Retirement Advisers Increasingly Want PEP Option in Toolbox
Pooled employer plans are still a nascent offering in the retirement market, but an increasing number of advisers want them...
Democrats Suggest SEC Should Reform Scope 3 Climate Disclosure Proposal
Scope 3 disclosure requirements are losing support in Congress.
Envestnet Data & Analytics Plans to Enhance Access to Financial Data, Improve Financial Wellness
Envestnet seeks to make it easier for customers to connect, grow, protect and manage the financial wellness of their business...
2021 Practice Progress Webinar: SEPs, SIMPLEs and More
Join us Tuesday July 13 at 2 p.m. EST for the next edition of the 2021 Practice Progress webinar series, focused on the topic of growing your practice...
ShareBuilder 401k Announces Fee Wavier Program
The firm says it is waiving set-up fees on all of its 401(k) plans through December 22.
Ascensus Maps the Pros and Cons of Advising Small DC Plans
A lot is happening to open the doors for small businesses to offer retirement plans to employees; advisers have new opportunities and challenges as a result.