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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....

Managing Millennial Prevailing Wage Workers: What You Need to Know

by Adam Garrett | Sep 14, 2018 | Human Resources, Prevailing Wage Workers

Heads Up, Prevailing Wage Contractors Government contractors who employ prevailing wage workers that belong to Generation Y should be aware of a number of things about these millennials. As a business owner or an HR personnel, it will help you better deal with...

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...
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