by Paul Fennell | Oct 16, 2023 | Articles
Times can get tough for people. With the onset of Hurricane Harvey having decimated parts of the Gulf Coast and Hurricane Irma following its destructive lead, we are reminded that at any point we may find ourselves in hardship. Companies make layoffs, natural...
by Paul Fennell | Jul 3, 2019 | Employer Connect
Download the Action Document Every retirement plan is required to have a formal written document that spells out how it operates. When Congress passes new laws that impact how retirement plans work, the IRS and other agencies create new regulations to reflect these...
by Paul Fennell | Jan 2, 2019 | Employer Connect
Download the Action Document Most people can contribute to their 401(k) without worrying about exceeding the annual contribution limit. If you’re under 50 years old, that’s $19,500 a year. If you’re 50 or older, it’s $26,000. A small, but...
by Paul Fennell | Jan 2, 2019 | Employer Connect
Download the Action Document Auto-enrollment has been proven to be effective in raising participation rates in 401(k) plans. As a result, it’s been pretty widely adopted across the country, especially in mid- to larger plans. Automatic enrollment creates a...
by Paul Fennell | Jan 2, 2019 | Employer Connect
Download the Action Document A compelling feature of a 401(k) plan has always been the opportunity to contribute money from your current income on a pre-tax basis today – let it work for you over the years – and then pay taxes on the accumulated balance as...
