• The High and Hidden Cost of Delayed Employee Retirement

    The High and Hidden Cost of Delayed Employee Retirement

    May 2, 2018 -By: -In: Mike Romig Blog - Tags: , , , , , - No comments
    From Transform401k.com

    Hello, I’m Mike Romig. Thanks for tuning into our blog. Today I’ll be talking about a problem you may not know you have, one that will impact your P&L in a negative way, and what we can do that may help you. We know over 75% of workers in America today don’t believe they will […]

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  • Employee contributions before tax or after?

    Employee 401(k) Contributions Before Tax or Roth

    February 8, 2018 -By: -In: Employee Info, Mike Romig Blog - Tags: , , , , , , , , , - No comments
    From Transform401k.com

    Employee 401(k) Contributions: Before Tax or Roth? When deciding to contribute to your company’s 401(k) plan consider picking a percentage of your income that each pay period will be deferred and deposited into your 401(k) account. Some plans allow, and you may feel more comfortable, deferring a specific dollar amount (e.g.$100) per pay period. Each […]

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  • 401(k) Fiduciary Responsibilities and Liabilities

    January 25, 2018 -By: -In: Mike Romig Blog, Plan Sponsor News - Tags: , , , , , , , , , - No comments
    From Transform401k.com

    Hello, I’m Mike Romig with Transform 401k. In my first podcast on plan governance I described who is a fiduciary to a company’s retirement plan, the duties and responsibilities of plan fiduciaries, and liabilities – the exposure plan fiduciaries have in the event of a fiduciary failure or breach. As the ERISA imposed consequences of […]

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  • Employee Empowerment Overview

    Welcome to your company’s 401(k) plan!!

    January 19, 2018 -By: -In: Employee Info, Mike Romig Blog - Tags: , , , , - No comments
    From Transform401k.com

    We are excited to introduce the first our tools to help employees understand how their company’s 401(k) plan works and how it can benefit them. Hello and congratulations on becoming eligible to participate in your company’s 401(k) retirement plan. This video is designed to be an introductory overview of how 401(k) plans work and how […]

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  • Video Thumbnail Plan Governance 1

    401(k) Plan Governance

    January 18, 2018 -By: -In: Mike Romig Blog, Plan Sponsor News - Tags: , , , , , , , , , - No comments
    From Transform401k.com

    Hello, I’m Mike Romig with Transform 401k. Today’s topic is plan governance. More specifically it’s what you as a plan sponsor need to know about the various roles and responsibilities you are obligated to by law when a 401(k) plan is established in your company. ERISA, the Employee Retirement Income Security Act of 1974, is […]

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  • How much can I save in my 401(k) for retirement

    How much will I have when I retire if I max out my 401(k)?

    November 28, 2017 -By: -In: Market News, Mike Romig Blog, Transform401(k) News - Tags: , , , , , - No comments
    From Transform401k.com

    Matthew Frankel, The Motley Fool Published in USA Today Among Americans who contribute to 401(k) or similar retirement plan, the most common contribution amount is just enough to take advantage of the employer match. For example, if an employer is willing to match its employees’ contributions dollar-for-dollar up to 5% of salary, the average worker […]

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  • Employee Engagement Works for You

    October 16, 2017 -By: -In: Mike Romig Blog, Plan Sponsor News, Transform401(k) News - Tags: , , , , - No comments
    From Transform401k.com

    Employee Engagement Works for You Engaged employees work with passion and feel a profound connection to their company. They drive innovation and will ultimately move the organization forward. Disengaged employees, on the other hand, are essentially “checked out”. They’re sleepwalking through their workday and may be putting in the time, but lack passion and energy. It seems […]

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  • The “Why” Of Your 401k Plan: Retention

    October 9, 2017 -By: -In: Market News, Mike Romig Blog, Transform401(k) News - Tags: , , - No comments
    From Transform401k.com

    Employee Retention We talk a lot about the WHY of your plan. We think your having clarity about the purpose of your 401k plan is the most important part of the whole process. Former hall of fame baseball player Yogi Berra liked to say… “If you don’t know where you are going, you might wind […]

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  • Alice and the 401(k0

    The “Why” of Your Plan: Hiring

    September 26, 2017 -By: -In: Mike Romig Blog, Transform401(k) News - Tags: , , , , , , - No comments
    From Transform401k.com

    The Alice Factor In Lewis Carroll’s famous novel Alice in Wonderland Alice asks “Would you tell me please, which way I ought to go from here?” “That depends a good deal on where you want to get to” said the Cat. “I really don’t much care where” said Alice. “Then it doesn’t matter which way […]

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  • The US Government is coming after your 401k

    They’re Coming For Your 401(k)

    September 18, 2017 -By: -In: Market News, Mike Romig Blog, Plan Sponsor News, Transform401(k) News - Tags: , , , , - No comments
    From Transform401k.com

    Posted September 6, 2017 by Joshua M Brown For TheReformedBroker.com The other day I related a story about how Nancy Pelosi once successfully derailed an Obama idea that would have been akin to declaring war on the upper middle class – a thing you don’t do unless you’re trying to throw an election sometime in […]

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