“Solo 401(k)” is a marketing term used for a 401(k) plan that is adopted by a sole proprietor or an incorporated business with no employees other than the owner. These plans offer a greater retirement savings opportunity...more
2/14/2025
/ 401k ,
Contribution Limits ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employees ,
Form 5500 ,
Hiring & Firing ,
Internal Revenue Code (IRC) ,
IRS ,
Reporting Requirements ,
Retirement Plan ,
Tax Planning
Collective investment trusts (“CITs”) have become an increasingly popular choice for 401(k) plan investment menus over the past decade, consistent with a trend toward lower-cost investment options that has been driven, in...more
1/4/2023
/ 401k ,
403(b) Plans ,
Benefit Plan Sponsors ,
Collective Investment Schemes ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Internal Revenue Code (IRC) ,
Investment ,
Investment Adviser ,
Investment Company Act of 1940 ,
Investment Management ,
New Rules ,
Retirement Plan ,
Section 457(f) ,
SECURE Act
On July 27, 2022, the Department of Labor (DOL) proposed a set of amendments to Prohibited Transaction Class Exemption 84-14, the so-called “QPAM Exemption,” which permits an investment fund holding assets of ERISA plans and...more