A: I wish I could say my intentions were pure and that I had a grand over arching plan that would better those reading this site, but the reality is far simpler than that: I live for the bit. What can I say, I'm a star! You give me a stage I'm gonna shine
A: Happy you asked. I'm happy to report that we still have time! As we all know, earlier this year Trump passed the SECURE Act that allows you to earn up to $16,500 worth of tax credits simply for providing your employees with a retirement plan. Because of this, some might say that nows the best time to do it! Be warned, according to the Safe Harbor Act, if you want to be able to create and contribute to your 401k this year, then you only have until October 1st to do so. After October first, you still can create a 401k savings plan, however you will not be able to contribute to it until the next calendar year.