Adams Brown Wealth Consultants’ Post

#Roth is becoming a more widespread option in #401k plans of large mid and small employers- even so this option is more likely to grow as you will eventually be able to choose Roth not only for your contributions but for your match and profit sharing due to Secure Act 2.0 legislation. Here is a neat article from Ed Slott and Company about some of the important highlights of Roth 401(k)s. https://lnkd.in/ew6JSBTr

Another vital consideration is ensuring that all payroll-related expenses, such as 401(k) contributions and health benefits, are accurately reflected on the W-2 forms. Read more 👉 https://lttr.ai/AMT6N #StreamliningPayrollProcesses #SCorpEntities #TaxImplications #ManagingClientPayroll #QuickbooksOnlinePayroll

Ya know what employees need in their benefit stack??? MONEY. Money that they can use for anything, because life hits hard. Employees WANT to start stacking up emergency savings so they’re not forced to raid their 401(k) or scramble when the unexpected happens. But they need help. And that’s why I’m here. Lets stop playing defense with employee finances and start empowering them to build real wealth that they can count on when they need it. Got a group in mind? Lets talk. #EmergencySavingsAccounts #ESA #EmergencySavings #EmployeeBenefit #FinancialWellness

457 Plans, often referred to as Deferred Compensation, are akin to 401(k)s but tailored for government employees. Unlike 401(k)s, they typically only permit employee contributions. #GovernmentEmployees #DeferredCompensation #FinancialPlanning https://lnkd.in/gJfQHZTG

Consider doing a regular self-audit of your employee benefit plans to ensure any potential errors are corrected promptly. Catching any problems before the IRS or Department of Labor could help you avoid stiff penalties: #retirementplan

The Secure Act 2.0 has made the Pooled Employer Plan (PEP) possible, but it’s something few people know about. Please watch the video linked below to see how 401(k) Maneuver can eliminate the majority of your responsibilities. https://vid.us/ek33bt

Consider doing a regular self-audit of your employee benefit plans to ensure any potential errors are corrected promptly. Catching any problems before the IRS or Department of Labor could help you avoid stiff penalties: #retirementplan

The average American worker will change jobs more than once in their lifetime. Here are 6 tips for rolling over your 401(k) when that time comes: https://hubs.la/Q02r2YgT0

Changing jobs is common for the average American worker, making it necessary to transfer the 401(k) plan assets from previous employers. Review these tips to consider: https://hubs.la/Q02l61Rb0

Consider doing a regular self-audit of your employee benefit plans to ensure any potential errors are corrected promptly. Catching any problems before the IRS or Department of Labor could help you avoid stiff penalties: #retirementplan