It can reveal hidden flaws and help you improve the plan. Why do companies request specialized audits of their 401(k)s? After all, the standard annual audit that large companies routinely attach to Form 5500s may seem adequate. Yet a specialized audit may reveal things that have gone unnoticed for years, or conditions that should be [...]

In 2010, companies have a whole new retirement plan option. What is a DB(k)? Basically, a DB(k) combines a pension plan with a matching 401(k) plan. As the name implies, it is a defined benefit retirement plan with some of the features of a 401(k). DB(k)s could become great recruiting tools. These hybrid retirement plans [...]

What makes this such a prime retirement planning tool? Why are more businesses offering Roth 401(k)s? Simply put, more firms are recognizing their advantages – especially when it comes to the retirement planning of professionals, business owners and executives. Tax-free growth. Roth 401(k) assets grow without being taxed, as employee contributions are made with after-tax [...]