28.24 / AUTOMATIC ENROLLMENT REMINDER – JANUARY 1, 2025

Automatic Enrollment Reminder – January 1, 2025 As you know, your 401(k) plan is required to begin using automatic enrollment features effective as of January 1, 2025, for employees who have met your plan’s eligibility requirements and have passed their plan entry date. This is an Internal Revenue Service (“IRS”) requirement. Thus, we wanted to…

14.14 / Why You Shouldn’t Hire Your Payroll Company To Run Your 401(k) Plan

Payroll Providers Should Not Serve as 401(k) Plan Administrators In The Outlaw Josey Wales, Josey, played by Clint Eastwood, approaches a man in a bar and asks if he is a bounty hunter there to kill him. The bounty hunter replies that a man has to do something for a living, and Josey replies, “Dying…