Vitaly Novok
Three of the Best Retirement Plans for Small Businesses
Most of us know that a 401(k) plan allows us to contribute to our retirement expenses by giving us a way to grow our money tax-free in...
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Vitaly Novok
- Feb 21, 2018
A True-Up Match or How to Enhance Employees' Retirement Savings
If you are an employer who truly cares about your employees’ financial future, especially their financial well-being at retirement, then...
Vitaly Novok
- Dec 26, 2017
Complying With the 408(b)(2) Regulation
When it comes to managing and administrating a 401(k) plan, there are some duties that a plan sponsor can delegate. For example, a 401(k)...
Vitaly Novok
- Dec 11, 2017
Insufficient Fidelity Bond Coverage
When I review Forms 5500 of micro and small 401(k) plan sponsors, one mistake that I am frequently seeing is insufficient fidelity bond...
Vitaly Novok
- Nov 5, 2017
IRS 2018 Retirement Plans and HSA Limits
Traditionally, at the end of October the Internal Revenue Service announced cost of living adjustments (COLA) affecting pension and...
Vitaly Novok
- Jul 25, 2017
Collective Investment Trusts: Utilization is Growing but Challenges Remain
Driven by the desire to avoid any excessive-fee lawsuit, simplify the investment menu, and minimize investment expenses for plan...
Vitaly Novok
- May 31, 2017
401(k) Fees: Who Pays What and How to Help Participants Save More
It is no secret, and a study by the National Association of Retirement Plan Participants has proven, that retirement plan participants...
Vitaly Novok
- May 15, 2017
What is an Investment Policy Statement and Why You Should Have One
The cornerstone of successful retirement plan management is having well-established and documented processes and rigorously following...
Vitaly Novok
- Apr 24, 2017
How to Select 401(k) Service Providers
Managing a 401(k) plan requires a lot of knowledge, expertise, and is extremely time consuming. It not only involves administration and...
Vitaly Novok
- Apr 10, 2017
A SIMPLE IRA: Good but not Flawless
Over the course of the last two weeks, we reviewed the key features of Solo 401(k) and SEP IRA retirement plans for small businesses....
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