A recent IRS private letter ruling will potentially allow employees more flexibility to determine how employer 401K contributions are paid out to them.
Posts Tagged With: 401(k)
401k Options for Small Businesses are Improving
Only 14% of employers with fewer than 100 employees offer a 401k plan. That’s because 401k plans generally are expensive and require considerable paperwork and other maintenance. That’s especially true for smaller 401k plans — because they hold fewer assets, they generate less trading fees and have less negotiating power, which results in higher set-up,… Read More
ROBS — How to Convert a 401(k) Into Startup Funding
Entrepreneurs often ask me questions about startup funding — how and where they go about finding all the money they need to launch their ventures. These questions always lead to a conversation about friends-and-family, angel investors, seed funding firms (or “incubators”), venture capital firms, commercial banks, the SBA, and other government grants and funds. During… Read More
