by Sinan Agacik | May 1, 2025 | 401k
Impact of SECURE 2.0 Act on 401k Plans The SECURE 2.0 Act of 2022 introduced sweeping changes to retirement plan rules in the United States, building on the original SECURE Act of 2019. The SECURE 2.0 Act provides increased tax incentives for businesses to enhance...
by Sinan Agacik | Apr 27, 2025 | 401k
2025 401(k) Contribution Limits: Everything You Need to Know The IRS has released the new contribution limits for 401(k) retirement plans for 2025. These limits dictate how much you and your employer can contribute to your 401(k) in the coming year. Contributions to a...
by Sinan Agacik | Mar 30, 2025 | 401k
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...
by Sinan Agacik | Mar 29, 2025 | 401k
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...
by Sinan Agacik | Mar 29, 2025 | 401k
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...
