Loan Provisions

Offer financial flexibility in unforeseen situations. Provide your employees with the option to borrow from their retirement savings in times of financial need.

Loan Provisions

Offer financial flexibility in unforeseen situations. Provide your employees with the option to borrow from their retirement savings in times of financial need.

Balancing Retirement and Financial Needs

We’ll help you navigate the complexities of loan provisions, ensuring your employees understand the benefits and implications.
Your retirement plan may allow employees to take loans against their account balance, offering financial flexibility during unexpected life events. This can provide financial flexibility during unexpected life events. However, it’s important that employees understand the implications, as unpaid loans can become taxable distributions and potentially incur a 10% early withdrawal penalty.

You’re in GOOD Company

More than 4,500 employees at over 30 companies save with Prosperity 401(k) Advisors.

401k Resources

IRS Updates

2024 IRS Updates: 401(k), IRA, & More

The Internal Revenue Service (IRS) has announced significant updates for 2024, impacting various retirement plans, including 401(k), Individual Retirement Accounts (IRA), and Roth IRAs. These changes, primarily influenced by cost-of-living

Executive employees

Strategies to Retain Top Corporate Talent

Today’s world is evolving rapidly, making it more challenging than ever to attract and hold onto talented employees, particularly senior management. Here are some strategies that might be beneficial, and

Register for Prosperity Power Hour

Enjoy food and beverages, meet other successful professionals, improve your referral base, and win fun door prizes!

Because of the intimate nature of this event, we’re taking a very limited number of attendees per event. These seats will go fast, so grab one while you can!

Bringing a +1? Please have your guest fill out this form.