The Frugal Fiduciary Small Business 401(k) Blog
Get the latest industry news, deadlines and tips you need to know to help tackle your fiduciary responsibility needs.
![401(k) Contribution Deductibility - What Employers Need to Know](https://www.employeefiduciary.com/hubfs/shutterstock_2149828895%20%281%29.jpg)
401(k) Contribution Deductibility - What Employers Need to Know
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By: Brian Furgala
August 15th 2023
Understanding the deduction rules for 401(k) plan contributions can significantly reduce your business’s tax liability. These rules boil down to limits and timing.
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![SECURE 2.0 Non-Discrimination Testing Changes: Good News for Small Businesses](https://www.employeefiduciary.com/hubfs/manaddingtosavingsjar-1.jpg)
SECURE 2.0 Non-Discrimination Testing Changes: Good News for Small Businesses
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By: Brian Furgala
August 1st 2023
The 401(k) non-discrimination testing changes made by SECURE 2.0 can help a small business increase employee savings and reduce plan costs.
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![How to Prepare Your 401(k) Plan for SECURE 2.0 Changes](https://www.employeefiduciary.com/hubfs/shutterstock_511739491%20%282%29.jpg)
How to Prepare Your 401(k) Plan for SECURE 2.0 Changes
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By: Brian Furgala
July 18th 2023
Not preparing a 401(k) plan for SECURE 2.0 could lead to lower contribution limits, missed tax breaks, or unnecessary administration. Here are changes to consider.
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![Replacing a SIMPLE IRA with a 401(k) – Frequently Asked Questions](https://www.employeefiduciary.com/hubfs/shutterstock_2008290722%20%282%29.jpg)
Replacing a SIMPLE IRA with a 401(k) – Frequently Asked Questions
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By: Brian Furgala
July 5th 2023
Replacing a small business SIMPLE IRA with a 401(k) is not a complicated process, but it does require planning. Our FAQ can help the process go smoothly.
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![401(k) Investment Selection – Don’t Let ESG Factors Distract You](https://www.employeefiduciary.com/hubfs/shutterstock_2035527743-1.jpg)
401(k) Investment Selection – Don’t Let ESG Factors Distract You
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By: Brian Furgala
June 20th 2023
Fiduciaries should be focusing on relevant risk-return factors, including investment fees, in evaluating 401(k) investment options and not be distracted by ESG factors.
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![401(k) Forfeitures: How and When They Must Be Used](https://www.employeefiduciary.com/hubfs/shutterstock_188080406-1.jpg)
401(k) Forfeitures: How and When They Must Be Used
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By: Brian Furgala
June 6th 2023
A forfeiture is the non-vested portion of a 401(k) account when certain events occur. We summarize how and when 401(k) plans must use forfeitures based on IRS rules.
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![New 401(k) Audit Rule for Form 5500 is Good News for Small Businesses](https://www.employeefiduciary.com/hubfs/form5500dolchanges.jpg)
New 401(k) Audit Rule for Form 5500 is Good News for Small Businesses
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By: Brian Furgala
May 23rd 2023
Recent Form 5500 changes will subject fewer small business 401(k) plans to an independent qualified public accountant audit.
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![Roth 401(k) Contributions — Answers to Common Questions](http://www.employeefiduciary.com/hubfs/blog-files/iStock-497147004.jpg)
Roth 401(k) Contributions — Answers to Common Questions
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By: Brian Furgala
May 9th 2023
Historically, low income tax rates make Roth 401(k) contributions more affordable than ever. This FAQ can help you decide if they are right for you.
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![401(k) In-Service Distributions – New SECURE 2.0 Options](https://www.employeefiduciary.com/hubfs/shutterstock_2187283045%20%281%29%20%281%29.jpg)
401(k) In-Service Distributions – New SECURE 2.0 Options
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By: Brian Furgala
April 25th 2023
Discover how SECURE 2.0 expands 401(k) in-service distribution options for emergencies, terminal illness, domestic abuse victims, and long-term care premiums.
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![401(k) Required Minimum Distributions – What You Need to Know](https://www.employeefiduciary.com/hubfs/blog-files/401%28k%29%20Required%20Minimum%20Distributions.jpg)
401(k) Required Minimum Distributions – What You Need to Know
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By: Brian Furgala
March 28th 2023
Failing to take required minimum distributions from your 401(k) can result in tax penalties. Understanding the RMD rules can keep you safe.
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