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  1. Jan 25, 2022 · Penelope aims to help 60 million Americans build bright financial futures and generational wealth with employee retirement platform. On a mission to enable every small business to build bright financial futures for their owners and employees, Penelope announced the launch of its 401(k) platform, giving small business owners an affordable and accessible way to help their employees plan and ...

  2. Apr 18, 2024 · 2025 IRS Limits Forecast – March. As plan sponsors prepare for the changes to the limits for their retirement plans and the effects on their labor costs and talent recruitment and retention efforts in 2025, we offer our 2025 Internal Revenue Service (IRS) Limits Forecast. We published the limits for 2024 back in November 2023 following the ...

  3. 401(k)s designed for small businesses. Made to be simple, transparent & straightforward. We want you to focus on what matters, running your business. ... Penelope’s Post Penelope 751 followers ...

  4. Dec 6, 2023 · The Penelope Starter 401(k) is a great alternative to state-sponsored plans like Cal Savers or RetirePathVA. Many of the state-sponsored plans pass the cost onto the employees, which can have a big impact on how much they are able to save for retirement.

  5. Growing up in LA, Jean watched her immigrant parents work tirelessly to provide for their family and employees. But when it came to 401k planning and retirem...

  6. May 23, 2023 · Here too, the IRS has established some legal guidance, stipulating that once an employee reaches the age of 21, they must be eligible to participate in a 401(k) program. However, businesses can also allow employees to participate prior to turning 21. You might decide to allow employees as young as 18 to enroll in your company’s 401(k) program.

  7. Mar 19, 2024 · Deal marks 2022 startup’s debut of white-label 401 (k) plans and recordkeeping for plan advisors and sponsors. Navia Benefit Solutions today announced a strategic partnership with retirement savings platform Penelope to offer white-label 401 (k) plan offerings. The partnership marks Penelope’s entry into the third-party administrator space.

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