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financial planning

New Jersey Retirement Plan: State-Mandated or In-House?

August 1, 2019 | posted by Abacus Payroll
The state of New Jersey recently implemented a mandatory retirement fund for small business employees, becoming the ninth state to do so. While the plan is employer-friendly insofar as employers don’t have to contribute to it out-of-pocket, there are still some considerations and incentives for using your own in-house 401(k) plan to help your employees […]
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What is the Right Retirement Plan for Employees?

July 8, 2019 | posted by Abacus Payroll
Small businesses and self-employed individuals often tune out when conversations or articles about pension plans come up. That’s just for big business, they think, not for little guys like us. But small firms can tap into the tax breaks of pension plans more easily than they might imagine. Pension plans provide tax deductions for the […]
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Why Offer a 401(k) Plan To Your Employees?

May 28, 2014 | posted by Ren Cicalese
To attract and keep qualified employees. Offering a 401(k) plan is an important added benefit for your employees in addition to their compensation because it builds the perceived value both prospective and current employees have come to expect in an organization. Participation in a 401(k) plan also helps retain employees who appreciate the security of […]
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