Hunter Benefits Consulting Group

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3 Ways SECURE 2.0 Can Help Advisors Gain More Clients in 2025

by Webmaster November 12th, 2024

The SECURE 2.0 Act is set to transform the retirement planning landscape in 2025, offering new opportunities for financial advisors to attract and retain clients. With provisions that encourage higher retirement savings...

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New Flexibility in Employee Benefits Plans — IRS Private Letter Ruling 202434006

by Webmaster October 25th, 2024

Author: Kelsey Mayo Partner, Poyner Spruill Kelsey’s practice is focused in the areas of Employee Benefits and Executive Compensation. She works with business owners and HR executives to understand and...

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Understanding 401(k) Loans: A Comprehensive Guide

by Webmaster August 9th, 2024

In times of financial emergencies, borrowing money becomes a necessity. One potential source for such funds can be your 401(k) plan. In this blog post, we will discuss the intricacies of 401(k) loans and how to use them...

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Navigating Large Plan Audits for 401(k) and 403(b) Plans

by Webmaster August 2nd, 2024

As a retirement plan sponsor, ensuring your 401(k) or 403(b) plan remains compliant with regulatory requirements is crucial for smooth operation and for protecting your employees' interests. One significant aspect of ma...

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7 Fiduciary Mistakes That Can Destroy Your 401(k) Plan

by Webmaster July 23rd, 2024

In the retirement industry, being a fiduciary carries significant responsibility. As a Plan Sponsor, you can't avoid this duty even if you hire professionals to manage your plan. Here are seven common fiduciary mistakes...

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Converting Your SIMPLE IRA into a 401(k) Plan: 8 Essential Steps

by Webmaster July 11th, 2024

Converting your SIMPLE IRA to a 401(k) plan can be a strategic move for maximizing your retirement savings and offering a greater benefit to your employees. Here’s a comprehensive guide to help you navigate this process...

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QACA Safe Harbor Plans: A Game Changer for Businesses

by Webmaster June 20th, 2024

In 2024, many successful businesses are leveraging Qualified Automatic Contribution Arrangements (QACA) Safe Harbor Plans to retain top-tier talent and optimize financial savings. But what exactly is a QACA Safe Harbor ...

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Washington Saves: A Comprehensive Review

by Webmaster April 23rd, 2024

The state of Washington has become the 16th state to implement a state-mandated auto-IRA program aimed at increasing retirement savings for private-sector workers. This new program, dubbed "Washington Saves," requires e...

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The Five Stages of Retirement Guide

by Webmaster April 3rd, 2024

Retirement marks a significant transition in one's life, representing the culmination of decades of hard work and the beginning of a new chapter filled with possibilities and opportunities. However, the journey through ...