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Prevailing Wage Retirement: 5 401k Myths Debunked

by Adam Garrett | Dec 14, 2018 | Prevailing Wage, Retirement Plans

Among the employee benefits popularly discussed in recent years, healthcare coverage and retirement plans like 401k plans have been taking the spotlight. Issues concerning rising student loan debt and the reality of longer life expectancies have made retirement plans...

5 Frequently Asked Questions about ERISA

by Adam Garrett | Oct 14, 2018 | ERISA, Retirement Plans

A Quick Guide for Prevailing Wage and Hourly Workers ERISA, or the Employment Recruitment Income Security Act of 1974, is a federal law that sets the minimum standards for most voluntarily established pension and health retirement plans in the private industry....

Benefits of a Retirement Trust for Prevailing Wage Workers

by Adam Garrett | Jul 2, 2018 | Retirement Plans, Trust Services

Retirement Plan Options for Prevailing Wage Instead of naming beneficiaries for an IRA account, companies that offer trust services strongly recommend preparing a retirement trust. The IRA trust is a great way to provide protection to the beneficiaries of prevailing...

Is Phased Retirement a Good Idea for Prevailing Wage Workers?

by Adam Garrett | Feb 13, 2018 | Retirement Plans

Getting the Right Prevailing Wage Retirement Plan A huge percentage of prevailing wage workers that are part of the Baby Boomer generation is now preparing for retirement. This will be quite a challenge for companies since they will lose the knowledge and experience...

Relatives of Hurricane Harvey Victims Can Now Take Out Prevailing Wage Retirement Plan Loans

by Adam Garrett | Sep 5, 2017 | IRS, Retirement Plans

Good News for Prevailing Wage WorkersPrevailing wage workers who don’t have any money to survive the aftermath of Hurricane Harvey can now get funds from their IRA without reaching retirement age. The IRS will allow hurricane victims some leeway by allowing trust...

Types of Prevailing Wage Retirement Plan Options

by Adam Garrett | Jun 19, 2017 | Retirement Plans

What Retirement Plans Suit Your Employees?Most young employees today fail to think about getting a retirement plans. As a responsible employer, you should impose upon them the idea that they should prepare for their retirement sooner rather than later. This article...
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Recent Posts

  • Important Announcement!
  • James Jordan’s Guest Appearance on The Smalls Podcast
  • COVID / Corona Virus Guide for Prevailing Wage Contractors
  • Fringe Benefit Compliance and the Department of Labor
  • Contractors Guide to Government Institutions and Acronyms

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