How to tailor a 401(k) plan you and your employees will love Designing a 401(k) plan is like building a house. It takes care, attention, and the help of a
Category: Business
401(k) Considerations for Highly Compensated Employees
Smart savers 401(k) considerations for highly compensated employees A 401(k) plan should help every employee – from senior executives to entry-level workers – save for a more comfortable future. To
Betterment’s Retirement Advice Tools Explained
TABLE OF CONTENTS Define What Retirement Means To YouSetting Up Your Retirement Projections At BettermentUnderstanding Betterment’s RecommendationsTaking Action Savings towards retirement is one of the most popular reasons people use
Pros and Cons of Illinois Secure Choice for Small Businesses
Since it was launched in 2018, the Illinois Secure Choice retirement program has helped thousands of people in Illinois save for their future. If you’re an employer in Illinois, state
Financial Advice From Betterment’s LGBTQ+ Community
While not everybody feels that their identity affects their finances, queer people face disproportionate levels of homelessnness, carry more debt, and have more healthcare hurdles than their straight, cis-gendered peers.
Why More Hispanic Americans Should Be Investing In The Stock Market
For the Hispanic American community, home ownership is commonly seen as one of the few ways to build wealth. One reason may be the tangible nature of home ownership; a
How Betterment Anticipates And Reacts To Market Volatility—So You Don’t Have To
If you’ve ever been told to “sit tight and stay the course” when the market is dropping and your investment account is worth less than it was just moments ago,
Important 401(k) Compliance Dates and Deadlines
Key 401(k) Compliance Dates While many of these responsibilities are handled by Betterment, as a 401(k) plan sponsor it’s important that you are aware of important dates and deadlines associated
What are New Comparability Profit Sharing Plans?
To retain their tax-qualified status, 401(k) plans are prohibited from discriminating in favor of key owners, officers, and highly compensated employees. Some small businesses that want to help their employees
Helping Latinx Employees With Their Unique Retirement Needs
National Hispanic American Heritage Month spans from September 15 through October 15 and, as a part of this month of recognition, we asked ourselves at Betterment for Business: What are