401(k) plans – Fiducial Blog

2023 Limits and Thresholds for 401(k)s & Other Qualified Retirement Plans

December 26, 2022

The IRS announced the 2023 dollar limits and thresholds for 401(k)s and other qualified retirement plans. Changes reflect latest cost-of-living adjustments.

Tax Planning Issues You Should Consider at Year-End

December 14, 2022

Year-end is approaching as are the holidays. Before the seasonal celebrations, consider year-end tax planning moves to benefit you for both 2022 and 2023.

End of Year Reminder: Time is Running Out to Take Your 2022 RMD

December 9, 2022

An RMD is a required taxable distribution from a qualified retirement plan. Often associated with traditional IRAs, they also apply to 401(k)s and SEP IRAs.

Self-Employed? Build a Nest Egg with a Solo 401(k) Plan

September 12, 2022

Do you own a successful small business with no employees and want to set up a retirement plan? Fiducial wants you to consider a solo 401(k) plan.

What Every Employee Needs to Know About 401(k) Savings

July 27, 2022

Are you familiar with 401(k) retirement funds? Have you established a 401(k) savings? Do you have the option? Are you currently taking advantage of it?

Excluding Part-Time Employees from 401(k) Plan Eligibility

July 20, 2022

Employers that sponsor a 401(k) plan might wish to amend plans to exclude part-time employees. But can they do this under the rules for qualified plans?

Thinking about participating in your employer’s 401(k) plan? Here’s how it works

April 20, 2022

If you’re fortunate to have an employer offering a 401(k) plan, you may wonder if you should participate. Here are the basic features of these plans.

IRS Issue Snapshot: Combination Retirement Plan Deduction Limits

January 19, 2022

What is a combination retirement plan? It occurs when an employer provides both a defined contribution (DC) and defined benefit (DB) retirement plan.