Tag: 401k

ATTENTION FINANCIAL ADVISORS: It’s Time To Get Your 401(k) Vaccination

As a financial advisor looking to add 401(k) services, you should know how important it is to be proactive about ERISA. Looking down the road for potential pitfalls and addressing them before they can happen makes you far less likely to have plan errors. It’s also affords you and your client, the plan sponsor, a […]

What You Don’t Know Can Hurt You: Many Business Owners Offering 401(k) Plans Fail to Meet Fiduciary Duties

Business owners and financial advisors have become increasingly wary of the responsibilities they take on when offering 401(k) and 403(b) retirement plans. That’s thanks to the Department of Labor shining a light on what “fiduciary duties” means and the liability those duties create. It’s understandable. These changes caused giants in the industry — among them […]

Are you getting what you pay for?

Retirement plans such as 401(k) plans have costs associated to run and maintain, but are you getting everything you need? The old saying, “You get what you pay for” applies when paying for your services. The Plan Sponsor and committee have a responsibility to understand what these fees are and to benchmark them periodically. Sounds […]

Plan Your Exit

What most people don’t realize is that small businesses are the backbone of the economy. Amazon didn’t grow to a $130 billion company overnight. Each and every business starts small. Small businesses take risks and invest their time, capital, love, sweat, and maybe a tear or two into their company.  Small businesses have a passion […]

Life Goals: Where does Retirement Fall on your List?

When you think of your life goals, retirement should be high on your list… and it shouldn’t be a scary thought. Comfortable retirement can be achieved it just takes a little planning and FiduciaryShield is here to help you do just that. As a business owner, how much time do you really have to read […]

Your Payroll Provider and 401(k) Provider Should NOT Be The Same!

Convenience shouldn’t be the reason why a 401(k) plan is administered by your payroll provider. Some payroll companies have created 401(k) departments as a way to increase revenue. However, it’s never a good idea for the plan sponsor to combine these services. Why? Hidden costs, lack of flexibility, and compliance. There are some great payroll […]

Small Business 401(k)’s are Now Accessible

A solid retirement plan is THE  most valuable employee benefit available.  It’s to help take care of your most valuable asset – your employees. Offering a 401(k) shouldn’t be a liability and time-consuming burden. Earlier this month, the House Committee unanimously approved a new retirement bill. This bill will make it easier for small businesses […]

Save Time, Headaches & Increase Revenue with FiduciaryShield.

Dear Advisor,   At FiduciaryShield, we simplify the 401k process and take responsibility for the items you’re legally required to send out like Enrollment Kits, Automatic Contribution Notices, Summary Annual Reports, and more. Our team designs a custom retirement plan focused on your unique needs. We save you TIME: You won’t have to field the […]