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Opt In Or Opt Out
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Find out whether an automatic enrollment 401(k) plan is right for you By Max Berry Saving for the future is every person's individual responsibility. But, as a small business owner, you have the power to provide your employees with some incentive. Instituting an automatic enrollment 401(k) plan may be as close as a you can come to guaranteeing that your employees will save. Automatic enrollment increases plan participation dramatically, but it also presents its own set of challenges for...
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The ’10 Spot
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What next year's tax law changes regarding IRAs mean for retirement By Reed Richardson Typically, the arrival of each new year brings with it a host of tax law changes, some small, some large, and some too arcane for all but the most savvy investors to benefit from. But 2010 brings with it such an important and relatively simple (but easily overlooked) tax law change-one that could potentially save you hundreds of thousands, if not millions, of dollars over the coming decades-that both...
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All About SEPs
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Simple to set up, easy to administer, Simplified Employee Pension Plans may be for you By Max Berry Among all the 401(k)s, 403(b)s, and various types of IRAs available to you and your employees, Simplified Employee Pension (SEP) plans don't get a whole lot of attention. This doesn't mean you shouldn't consider one for your firm. If you're a small business owner just starting to offer retirement packages to your employees-or one simply looking to expand the ways employees can save-a SEP may be...
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