APEX Asset Advisors’ Post

It’s great to see Vestwell mentioned in GOBankingRates’ recent article on 401(k) plans. 2025 will be a big year for making workplace savings more accessible. Starting January 1, we will see expanded opportunities for business owners looking to offer a workplace saving program and employees’ ability to contribute to their 401(k) plan. Enhancements like auto-enrollment and updated eligibility rules are set to drive greater participation in retirement savings programs, allowing individuals to save for their financial futures. Learn more about upcoming changes to 401(k) plans here: https://lnkd.in/gBfvg8NP

Investing in your employees' future through robust 401k plans strongly indicates your commitment to their long-term well-being. Providing a comprehensive retirement plan not only helps your employees save for their future but also reflects positively on your company's culture, values, and overall reputation. It shows that you care about your employees' financial security and are willing to invest in their long-term success. Learn why your company should offer a 401k benefits package: https://bit.ly/3wAhcW4 #RetirementGoals #401kContributions

A 401(k) plan is among the best ways to help a business attract and retain quality talent. Tax benefits and owner retirement savings options also make starting a 401(k) plan a smart idea. Learn more about setting up a 401(k) plan in this New Jersey CPA article by NJCPA member benefit provider Paychex. #njcpamag #401k #401kplan #cpa

Why a Separate EIN for Your Solo 401k Matters Avoid mixing your business' assets and retirement assets. Having a separate EIN for your Solo 401k ensures accurate tracking and compliance. #TaxSmart #Solo401k #SmallBusiness https://hubs.ly/Q02KYw3v0

What is a Starter 401(k) Plan? CUI Wealth Management recently published an article on this. Here is a summary. Are you a small business owner looking for a cost-effective way to offer your employees a retirement plan? If so, you may be interested in learning about the recently introduced "Starter 401(k)" plan. This option is designed to help small companies provide a retirement plan to their employees without breaking the bank or getting bogged down in complex administrative tasks. One of the main benefits of these plans is that eligible employees are automatically enrolled, with contribution limits up to $6,000 and a $1,000 catch-up contribution for those over 50. However, it's important to note that Starter 401(k) plans have limited plan design flexibility compared to traditional 401(k)s. For example, they only allow for elective deferrals and don't offer the option for employer contributions. If you're interested in exploring retirement plan options for your small business, be sure to check out the article for more details on Starter 401(k) plans and compare this to other available options like SIMPLE IRAs, SEP IRAs, and traditional 401(k)s. #RetirementPlanning #SmallBusiness #401k #HR #CUIWealth #CUIBenefits #CUIAgency

Why a Separate EIN for Your Solo 401k Matters Avoid mixing your business' assets and retirement assets. Having a separate EIN for your Solo 401k ensures accurate tracking and compliance. #TaxSmart #Solo401k #SmallBusiness https://hubs.ly/Q02KYqLs0

We know that designing your own 401(k) plan is DAUNTING and takes a lot of time and energy. But skipping it means potentially missing out on substantial savings, the chance to further attract and retain top talent, and more. Don't let the complexity hold you back! If you're gearing up to launch a new 401(k) plan, this guide is your ticket to kickstart your retirement benefits strategy. #401k #retirementplanning #employeebenefits #SMB

Providing your employees with the opportunity to save through a 401(k) retirement plan is a valuable benefit that helps them build financial security for retirement. Any company that provides a 401(k) needs to be aware of mandatory government compliance tests that ensure a company's plan does not discriminate in favor of highly compensated or key employees. Compliance testing ensures that companies administer their 401(k) plans fairly and equally, in accordance with the rules established by the Employment Retirement Income Security Act (ERISA) of 1974. https://ow.ly/g6Fv50SueKE #401k #403b #Pensionmark #orangecounty #oc #retirement #planadviser #fiduciary #retirementplanning #financialplanning #pension

What is a Starter 401(k) Plan? CUI Wealth Management recently published an article on this. Here is a summary. Are you a small business owner looking for a cost-effective way to offer your employees a retirement plan? If so, you may be interested in learning about the recently introduced "Starter 401(k)" plan. This option is designed to help small companies provide a retirement plan to their employees without breaking the bank or getting bogged down in complex administrative tasks. One of the main benefits of these plans is that eligible employees are automatically enrolled, with contribution limits up to $6,000 and a $1,000 catch-up contribution for those over 50. However, it's important to note that Starter 401(k) plans have limited plan design flexibility compared to traditional 401(k)s. For example, they only allow for elective deferrals and don't offer the option for employer contributions. If you're interested in exploring retirement plan options for your small business, be sure to check out the article for more details on Starter 401(k) plans and compare this to other available options like SIMPLE IRAs, SEP IRAs, and traditional 401(k)s. #RetirementPlanning #SmallBusiness #401k #HR #CUIWealth #CUIBenefits #CUIAgency

#Milliman is transforming retirement plans by increasing 401(k) participation rates and improving employee retention. How? Through automatic enrollment, a shortened vesting schedule, and effective communication. The result? More engaged, financially secure employees. Learn more here. #401K #DC https://ow.ly/Eb1W50QYaLq