Some 401(k) plans allow you to take a loan from your account. The terms and requirements for loans vary depending on your employer's plan. You can find information on taking a loan from your 401(k) plan through your employer's HR or benefits department.

Generally, you can start withdrawing money from your 401(k) plan once you reach age 59 1/2. However, there may be penalties for early withdrawals before this age.

Yes, you can change your investments within your401(k) plan at any time through your online account portal.

Your control where your contributions are invested.Your contributions are usually invested in mutual funds and the specificinvestment options available to you will depend on your employer's 401(k) plan.

Enrollment is typically done through ourparticipant account portal. Contact your employer's HR or benefits departmentfor details. They will provide you with the necessary information, such as howto enroll, available investment options, and how to make contributions.

The maximum contribution limit for 2023 is $22,500 or $30,000 if you are age 50 or older. However, contribution limits can change each year, so it's important to stay updated.

Eligibility requirements vary, but generally, employees who meet certain age and service requirements can enroll in the plan. Some plans may also have contribution limits.

An Advisor can help you choose the right 401(k) solution and investment options. They provide ongoing support and advice, helping you make the most of your plan.

Your role will vary based on your specific plan requirements, but RetireBetter strives to automate as much as possible and guides you on what your administrative requirements are along with due dates. This way, you can ensure the plan is running smoothly without spending too much time on administrative tasks.

You can set up a 401(k) plan with Retirebetter in three simple steps: open an account, customize your plan, and integrate your payroll. Once these steps are completed, your plan will be ready to go.

Yes, RetireBetter can service clients at virtually any broker dealer as well as Registered Investment Advisory firms.

We work with most of the top custodians and help guide our clients to the best custodian based on their investment needs.

RetireBetter wants to provide flexibility to our clients and can bill using asset-based fees or invoiced fees.

RetireBetter return all revenue sharing collected from fund companies and credits it back to the plan upon receipt.