Planning for retirement is very personal. Some people prefer to manage their own investments and plans, whereas others would much rather hand over this incredibly important task to a trusted professional. Regardless of which side you are on, there are a number of common mistakes often made by individuals and small business owners, which have… Continue reading →

Over the course of a career, the high fees and a lower-quality menu of investment options found in some plans can shrink your balance significantly. Chris Gentry is meticulous about his craft — he’s a professional woodworker at a small company in Brooklyn, N.Y., that makes custom dining and coffee tables, cabinets and interiors. He… Continue reading →

Editor’s note: Originally published in November 2021 and updated with new financial information in April 2024. For dentists and practice owners, retirement investing tends to come in a few different forms. Often it’s a 401(k) plan, maybe a 401(k) plan with profit sharing, supplemental Roth IRA, or nonqualified taxable investments. While the broad popularity of 401(k)… Continue reading →

At Rebalance, we strive to make investing and saving for retirement smoother, safer, and easier for our small business owner clients and their employees with our BetterK solution. The recent passage of the new Secure Act 2.0 aims to expand access to retirement plants, increase retirement savings, help Americans preserve income, and streamline retirement plan… Continue reading →

Recently, we wrote about what we consider best practice for our clients in terms of 401(k) plan design, such as offering a Roth 401(k), the advantages of a Safe Harbor design, and more. For small businesses, however, there is another important consideration: whether or not to seek investment advice. Many business owners have no financial… Continue reading →

Small-business 401(k) plans face a lot of specific issues and challenges that don’t necessarily impact
larger retirement plans. Continue reading →

Retirement plan mergers have changed the face of the 401(k) market, and not necessarily in favor of business owners. There were once a small number of big names in retirement, leading players who were record keepers for thousands of companies and millions of employees: Prudential, Mass Mutual, Wells Fargo, Fifth Third Bank, New York Life,… Continue reading →

Business owners often adopt best practices when it comes to a new product or service. They should take the same approach toward small business retirement plan design. It’s easy to assume that all plans are the same. They are not. That’s why design matters. In our experience, no matter the size of your business, there… Continue reading →

Who reads the fine print? Anyone? Of course not. Not on your new cellular phone and even less when entering any given website full of cat videos. But what about a 401(k) plan at work? You’d think that would deserve a close read. A client of mine shared the contract he got from one plan… Continue reading →