Employee Fiduciary

💡The Frugal Fiduciary's Tip of the Week💡

"By employing the two-step mega backdoor Roth strategy, any high-income individual can contribute as much as $72,000 ($80,000 if catch-up eligible) to a Roth account for 2026. They just need a 401(k) plan with the right features."

See if the strategy fits your business: https://hubs.ly/Q04lxqSB0

💡The Frugal Fiduciary's Tip of the Week💡

"Employers have 401(k) fiduciary responsibilities due to their discretionary authority or control over plan management and assets. They are designed to ensure plan participants are not harmed by self-dealing or imprudent decisions by the employer or other plan fiduciaries."

Learn more about meeting your fiduciary responsibilities: https://hubs.ly/Q04h2SyS0

💡The Frugal Fiduciary's Tip of the Week💡

"If you're a business owner offering a 401(k) plan, there's a good chance you've heard of Form 5500. It might sound like just another piece of IRS paperwork, but don't underestimate its importance. This annual filing plays a critical role in maintaining compliance with ERISA and keeping your retirement plan transparent to both the federal government and your employees."

Get your Form 5500 questions answered here: https://hubs.ly/Q04gf95-0