California Pensions

Recent studies indicate that a solid majority of Americans are satisfied with their 401(k) plans and oppose any measures that would eliminate or diminish tax benefits associated with retirement savings.

Are you maximizing your team's potential with the right benefits? Dive into the world of Profit-Sharing Plans! Why Consider Profit-Sharing? - Flexible contribution plans tied to your business success. - Amplify employee loyalty and positive culture. - Boost profits through an incentivized work environment! But wait, there's more to consider: ?? The need for compliance and accurate reporting can be challenging. ?? Variable contributions may affect employee financial planning. Ready to weave Profit-Sharing into your business strategy? ?? Get the complete pros and cons to make the best decision for your team! Stay informed and ahead in the retirement game. ?? https://lnkd.in/eMvM6Rpt

Protect yourself from penalties! Learn more with our Required Minimum Distributions flyer. https://lnkd.in/ggxXevni

SECURE 2.0 Update: Plan sponsors are cautiously advancing with new retirement provisions. Learn how it's reshaping the future. #RetirementPlanning https://lnkd.in/egvypYFY

Navigating SECURE 2.0 for 2025-2026? We've broken down the essential updates for plan sponsors. https://lnkd.in/g-k9nn6n

Maximize your retirement savings as a self-employed or business owner with an Individual 401(k). ?? From higher contribution limits to tax advantages, discover the benefits and how it compares to traditional or Roth 401(k)s. Perfect for those seeking flexibility in their retirement planning. https://lnkd.in/ge7amnqN

Plan sponsors, equip yourself with the knowledge to assist your employees during tough times. Our latest guide navigates the intricacies of emergency 401(k) withdrawals, ensuring you can support those facing financial hardships. Learn about eligibility, documentation, tax implications, and maintain IRS compliance. https://lnkd.in/g3qzjsFY

Offering self-directed brokerage accounts in a 401(k) plan can be risky. Though they might appeal to business owners, the potential issues are too great to ignore. Stick with a core lineup of mutual funds for better retirement savings. Beware the hidden dangers of self-directed options in 401(k)s. #401kRisks #RetirementPlanning https://lnkd.in/gdiEd6Gj

What does a third party administrator (TPA) do? A TPA provides organizations and benefit plan sponsors with comprehensive benefits administration and management services. In our case, we run many of the day in, day out aspects of our clients' retirement plans and execute the essential tasks required to maintain plan compliance. https://lnkd.in/gFsc2Ghx

Did You Know? The Fee Disclosure Notice is key to understanding your retirement plan's fees and investment costs. Knowledge is power, especially when planning for your future. ??? At California Pensions, we’re committed to clarity and helping you make the best decisions for your retirement. ?? Let’s make your future bright together!