by Elizabeth Peichel | Sep 16, 2024 | PK Retirement Posts, Uncategorized
Looking ahead to next year’s provisions and adapting your retirement plan accordingly. Some provisions of SECURE 2.0 have already taken effect, and more will become effective soon. For plan sponsors, preparation is the key. Starting early allows for a thorough...
by Elizabeth Peichel | Sep 6, 2024 | PK Retirement Posts, Uncategorized
Ready to elevate your 401(k) strategy? Discover strategies that can take your 401(k) plan beyond a financial obligation to become a catalyst for fostering a motivated, loyal team. Consider implementing features like auto-enrollment and auto-escalation to improve...
by Elizabeth Peichel | Aug 15, 2024 | PK Retirement Posts, Uncategorized
For business owners, striking a balance between operating costs and profit is the cornerstone of success. Operating costs include everyday expenses like salaries, rent and supplies. Profit, on the other hand, is what remains after all these operating costs have been...
by Elizabeth Peichel | Aug 15, 2024 | PK Retirement Posts, Uncategorized
Key strategies to help employers maximize savings and minimize taxes. As a business owner, you have the ability to pull certain levers to increase retirement savings while controlling tax consequences. By understanding how different qualified plans can deploy...
by Elizabeth Peichel | Aug 15, 2024 | PK Retirement Posts, Uncategorized
You may have heard about a “cash balance plan” and wondered whether it would be something advantageous for your business. A cash balance plan operates differently from other types of traditional retirement plans in that it combines features of both defined benefit and...