<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=905697862838810&amp;ev=PageView&amp;noscript=1">

BusinessHub

SWBC's BusinessHub blog is a one-stop resource for business owners and company decision makers.

 

Recent Posts

How an HSA Can Help Remedy a Retirement Savings Deficiency

With all the investments you're making to establish and maintain a thriving business, it can be easy for retirement savings to fall down on the list. If your retirement savings are a little weak or sickly, you can correct that retirement savings deficiency by using a cash balance plan and a health savings account (HSA), which help you aggressively build retirement savings while trimming your tax bill.

Read More

Protect Your Key Leadership from Recruiters

As a business owner, you likely already spend a significant amount of time searching for and hiring employee leaders. Once you have the right people in your employ, you want to guard against others tracking them down and poaching them. When employees leave, you not only lose the knowledge and experience you've spent time instilling in them, but you also may lose customers who prefer to continue working with that one employee rather than with the employees remaining at your company.

Here's how you can protect your company from losing key leaders when recruiters call.

Read More

Why Companies Should Help Employees Retire on Schedule

When it comes to retirement readiness, the numbers are not encouraging: according to investmentnews.com, more than half of our fellow Americans do not have enough retirement savings to cover their living expenses after they leave the working world. Have you considered how this lack of planning and funding might affect your business?

Read More

Making Corrective Distributions in Your 401(k) Plan

Do you offer a 401(k) or other retirement plan to your employees? If yes, it's wonderful that you assist your employees in planning and saving for their future! Like many other financial areas in your business, though, your 401(k) plan requires some oversight to avoid trouble and Internal Revenue Service (IRS) penalties. Make sure you familiarize yourself with these rules regarding contributions and the possible need for corrective distributions from your plan.

Read More