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Boosting Profits & Savings: 5 Tax Strategies for Businesses

Boosting Profits & Savings: 5 Tax Strategies for Businesses

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...
5 Ways Business Owners Can Optimize Retirement Savings

5 Ways Business Owners Can Optimize Retirement Savings

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...
Is It Time to Consider a Cash Balance Plan?

Is It Time to Consider a Cash Balance Plan?

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...
Q4 Compliance Reminders for Your Company’s 401(k) Plan

Q4 Compliance Reminders for Your Company’s 401(k) Plan

by Katy Berkhout | Aug 12, 2024 | PK Retirement Posts, Uncategorized

As we approach the end of 2024, there are plenty of important deadlines to be mindful of. Staying on top of these deadlines contributes to the ongoing compliance of your plan and provides a seamless experience for your employees.   New SECURE Act 2.0 | Long-term...
Important Regulatory Updates for 401(k) Plans

Important Regulatory Updates for 401(k) Plans

by Elizabeth Peichel | Aug 12, 2024 | PK Retirement Posts, Uncategorized

What’s Going On in Washington? Current ERISA and DOL Areas of Interest. In a significant move by the Department of Labor (DOL), new regulations are being rolled out that may impact your ERISA compliance and retirement plan administration. Learn how these changes...
Tips to Manage Debt; Harness it for Financial Freedom

Tips to Manage Debt; Harness it for Financial Freedom

by Jason George | Aug 5, 2024 | PK Retirement Posts, Uncategorized

This quarter’s employee education offers practical tips and strategies to help manage debt effectively, distinguishing between “good” and “bad” debt, accompanied by practical exercises for budgeting and debt management. Understanding these concepts is helpful to...
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