We help you set up a fair vesting schedule that aligns with your employee retention goals and is compliant with regulations. Vesting refers to the employee’s ownership of employer contributions to their retirement account.
A vesting schedule determines how long employees need to work for the company before they have a right to all or part of these employer contributions. This can serve as a retention tool, encouraging employees to stay with the company longer.
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More than 4,500 employees at over 30 companies save with Prosperity 401(k) Advisors.
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
In the competitive corporate landscape, attracting and retaining executive talent goes beyond offering a top salary. Today, savvy companies are looking toward more comprehensive compensation packages, where tools like Split-Dollar
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