Compliance testing is a crucial annual responsibility for 401(k) plan sponsors, mandated by the Internal Revenue Service (IRS). It ensures that a company’s 401(k) plan remains equitable, not favoring owners and highly compensated employees (HCEs), and stays within IRS-prescribed limits. For employers offering 401(k) retirement plans, comprehending these tests is
In today’s digital world, cyber-security is a critical aspect of risk management. Protecting yourself online is essential to safeguard your personal information, finances, and digital assets. In this blog post, we will provide a comprehensive guide to mastering risk management in cyber-security. We will explore best practices for protecting yourself
Tax season is fast approaching, and it’s never too early to prepare. With the year drawing to a close, now is the time to get ahead and ensure your tax filing process goes smoothly. To help you navigate the complexities of tax season 2023, we’ve compiled eight essential insights to
