Tag Archives: 401(k) and 403(b) plans

The ongoing consolidation of service providers in the 401(k) market can pose a significant risk to plan sponsors who have a fiduciary duty to act in the best interest of plan participants and their beneficiaries. Consequently, it is crucial for employers to stay abreast of industry changes and be prepared to take action, especially when […]

Individuals looking to boost their retirement savings beyond the traditional limits of workplace 401(k) and 403(b) plans may have an opportunity to do so with a mega backdoor Roth. This strategy may provide a workaround to the income and contribution limits of Roth IRAs while allowing high-net-worth individuals to yield the benefit of tax-free distributions […]