The new(ish) plan allows many who didn’t have access to a workplace plan to save for retirement for the first time.

Can I set up a 401k for my LLC? ANSWER: A solo 401k plan can be used by any type of business. In the event that an LLC is ... to reduce the provider's fees as an employee, you can select low-cost ...

Conventional 401(k) plans are the most well-known type of offering, but choices abound for solo practitioners or small businesses, especially for cost-conscious companies. There are many financial ...

Do I need a plan administrator for a Solo 401k? Business owners and their spouses can set up a ... In your plan, you can select low-cost funds while you don't have any control over lowering the ...

To attract and keep talented employees, it can be a smart move to add a 401(k) plan to your small business. As a result of the SECURE Act, which was passed in 2019, there are now more ...

even though the bulk of my investments were in very low-cost index funds." Once Loeper figured that out, he switched 401(k) providers for his small company of 25 employees to a less expensive vendor.

Choosing a 401(k) plan for your small business Setting up a 401 ... They have pretty low startup fees and yearly maintenance costs for their basic 401(k) retirement plans. Although mutual fund ...

Also, if a business adds an auto-enrollment feature to its plan, it can claim a tax credit of $500 per year for three years. Safe Harbor 401(k) Could Be More Cost-Effective for a Small Business ...

But past surveys have indicated that fewer than two-in-ten of the self-employed who work in a solo business have a retirement account that they fund. It’s woefully low when compared to rates of ...

By some estimates, almost half of US private sector workers — close to 57 million people, according to AARP — do not have access to a retirement plan at their jobs. That’s either because their company ...