What is 401k? Understanding Your Retirement Plan

What is 401k? Understanding Your Retirement Plan

What is 401k? Understanding Your Retirement Plan Are you wondering, what is 401k? A 401(k) is a retirement savings plan your employer offers. It helps you save money with tax advantages and often includes employer contributions to boost your savings even more. In this...
Facing a 401(k) Audit Deficiency?

Facing a 401(k) Audit Deficiency?

Facing a 401(k) Audit Deficiency? Receiving notice of a 401(k) audit deficiency can be unsettling for any plan sponsor or administrator. Whether it’s a missing document, a reporting error, or a compliance lapse, the Department of Labor (DOL) takes these issues...
How to Prepare for Your 401(k) Plan Audit

How to Prepare for Your 401(k) Plan Audit

How to Prepare for Your 401(k) Plan Audit If your company’s 401(k) plan meets the threshold for a mandatory audit, preparation is key to ensuring a smooth and stress-free process. A 401(k) plan audit is not just a regulatory obligation  it’s also an opportunity to...