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The Dreaded 401(k) Refund: Corrective Distributions
Team SummitEmployer Resource Center, Plan Operations & AdminComments are off for this post
401(k) Refunds: Not as Good as They Sound With tax season fresh on our minds, many hear the word refund and begin running down their imagery wish list of ways to spend this extra money. However, when it comes to 401(k) refunds, or corrective distributions, the excitement should be dialed back. Corrective distributions are a  Read More →
Navigating the Waters: Safe Harbor 401(k) Plan Options
Team SummitEmployer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
Most 401(k) Plan Sponsors share the same ultimate goals for their organizations’ 401(k) Plan: maximize executive savings, minimize administrative burden, and provide a valuable benefit by helping their employees achieve a successful retirement along the way. In many organizations, however, these goals are not so easily accomplished. But, achieving victory doesn’t have to be difficult!  Read More →

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