October 13, 2021

There’s long since been a coverage gap in the retirement industry, especially when it comes to small businesses. In fact, according to LIMRA, only four in ten small businesses offer any type of retirement benefit to employees. As a result, too many Californians are saving too little for retirement. And though stagnant wages and high cost-of-living

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August 30, 2021

The Employee Retirement Income Security Act (ERISA), established in 1974, is a federal law that has established guidelines that Plan Managers must follow in order to protect plan participants. ERISA covers both Defined Benefit and Defined Contribution plans offered by employers.As a Plan Sponsor, you can hire a Financial Advisor or Financial Planner to assume

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August 25, 2021

More companies will change their 401(k) providers/platforms between Labor Day and Thanksgiving than at all other times of the year. Why?  In 2020 and much of 2021, as market turmoil increased, investor sentiment and economic outlook decreased in kind. Many retirement plan participants were confused about whether to take distributions from 401(k), and in general, were

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July 21, 2021

401(k) plans are a powerful tool in helping employees prepare for their future. Participants can decide how much to contribute toward their retirement, enjoy tax-free growth on 401(k) funds, and for a Traditional 401(k), contributions and earnings won’t be taxed until withdrawal.As an employer, you also receive several perks:  A well-designed 401(k) plan can help attract and

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June 25, 2021

As a Plan Sponsor, you want to offer the best possible retirement plan for your participants.What’s the foundation for a terrific 401(k) plan? A well-designed investment menu. The Prosperity DifferenceAs 401(k) Advisors, we help you select the best-performing plan investments for your participants. Schedule your complimentary 401(k) benchmark today. Sign Up There are many things

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