The SaveDay Blog
News and Updates
Many Americans struggle with saving enough for retirement and rely on time to help them out, but without extra time on their side, they’re put into more of a disadvantage. The longer they go without saving, the less money they will have in retirement.
If you’re struggling with 401(k) participation rates, then you’ll be happy to hear that there is a very simple solution – automatic enrollment.
You’re concerned for your employees and have a genuine interest in setting up the best 401(k) plan for your company. So, how do you know the choice you’re making is the right one?
Here’s a simple breakdown of different plans to help guide you when selecting a 401(k) plan.
no set-up fee
no monthly fee
no per employee fee
no reporting fee
A fan favorite amongst small business owners, Safe Harbor plans are similar to traditional 401(k) plans, with the exception of the added benefit of passing non-discriminatory testing (NDT). This isn’t the only difference between the two, however.
Offering your employees a 401(k) can have many benefits for you and your employees, and with SaveDay, you don’t have to worry about fees or management.
Finding gifts for your employees is expensive and stressful on your budget, especially if you’re a small business owner. The great thing is that 401(k) plans don’t have to cost you anything, making it a budget-friendly gift option.
2021 is almost here! And, as the holiday season approaches, don’t forget about contributing to your 401(k).
Here are three reasons why you should consider maxing out your 401(k) before the end of the year.
You may be wondering, “What’s the point of opening a 401(k) if my employer doesn’t match?” Here are four reasons why you should consider participating in a 401(k).
Taking the next step in your business and establishing a 401(k) may have you wondering, “What’s involved with setting up a 401(k)?” You are not alone.