401k 101:  What is a vesting schedule?

401k 101: What is a vesting schedule?

401k’s are a great way for employees to save up for retirement, and part of being a successful business owner is to understand how they work.  One aspect of 401k’s you should be familiar with is “vesting”.  This article will give a brief...
Safe Harbor 401(k) Plan Deadlines

Safe Harbor 401(k) Plan Deadlines

For many small business owners, establishing a Safe Harbor 401k plan is beneficial and is a choice worth looking at as it provides excellent tax and retirement benefits for both the employer and employee.  By having a great retirement plan for your employees, you...
The Benefits of Auto-Enrollment

The Benefits of Auto-Enrollment

To attract the best employees, you need to have a great benefits package.  Besides offering insurance, having an employee retirement plan is an excellent incentive for retaining top talent.  Having a retirement plan with auto-enrollment provides great benefits to both...
How Does Profit Sharing Work?

How Does Profit Sharing Work?

When it comes to offering retirement benefits to your employees, you have more options than just offering a 401k.  So, how does profit sharing work? Profit sharing can be a great option for employers who want to give their employees a little extra towards retirement,...
How To Grow The Family Business

How To Grow The Family Business

In 1921, William and Salie Utz began selling potato chips, hand-cooked in their home kitchen, packaged in brown paper bags. Today, Utz Potato Chips is the leading conglomerate in the snack food industry.  In today’s market, about 90% of American businesses are...