Tag: 401(k)

Business Law & Regulations, Finance

California Passes Legislation to Expand Retirement Plan Mandate

August 29, 2022


In 2016, California passed legislation stating that employers who do not sponsor an employee-retirement plan must participate in a state-run retirement program. This program became known as CalSavers. While there have been legal challenges to CalSavers, the program persists. CalSavers […]

Business Law & Regulations, Employment & Labor

What Is a Solo 401(k) and Self-Employed 401(k)?

June 7, 2022

Via: Investopedia

What Is a Solo 401(k)? Just because you are a one-person outfit, a freelancer, or an independent contractor doesn’t mean you have to do without a retirement savings plan or the tax benefits that accompany them. One option If you […]

Tax Code, Regulations and Guidance

401(k) vs. Roth IRA: What’s the Difference?

March 25, 2022

Via: Investopedia

Both 401(k)s and Roth IRAs are popular tax-advantaged retirement savings accounts that differ in tax treatment, investment options, and employer contributions. Both accounts allow your savings to grow tax-free. Contributions to a 401(k) are pre-tax, meaning they are deposited before […]