Generated by All in One SEO Pro v4.9.9, this is an llms.txt file, used by LLMs to index the site. # Beneco Employee Benefits, Compliance Services, and HR Solutions Custom Built for Government Contractors ## Sitemaps - [XML Sitemap](https://beneco.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [The Basics of Prevailing Wage & The Davis-Bacon Act](https://beneco.com/the-basics-of-prevailing-wage-and-the-davis-bacon-act/) - Get an overview of prevailing wage & the Davis-Bacon Act, including how it works and why it matters, and learn how to use fringe benefits to help your business. - [Staying Competitive with Healthcare Benefits](https://beneco.com/staying-competitive-with-healthcare-benefits/) - Your employees are pivotal to your success. Contact Beneco about providing your team with healthcare benefits and saving money with prevailing wage dollars! - [5 Reasons Your Construction Business Should Offer Health Care](https://beneco.com/construction-business-health-care/) - On the fence about offering health care benefits to your employees? Here are 5 reasons why your construction business should offer it & why now is the time. - [Certified Payroll and Prevailing Wage Projects](https://beneco.com/certified-payroll-and-prevailing-wage-projects/) - Does certified payroll make things more complicated for contractors? In this post, we'll explore how certified payroll may benefit prevailing wage contractors - [Attracting and Retaining Employees in the Construction Industry](https://beneco.com/attracting-and-retianing-employees/) - Learn how incorporating diversity, training, hiring veterans, & employee benefits can help construction companies with attracting and retaining employees. - [What to Know About State-Mandated Retirement Plans](https://beneco.com/what-to-know-about-state-mandated-retirement-plans/) - Learn about state-mandated retirement plans and their deadlines. Compare state IRAs to 401(k)s and see how a custom plan can benefit your construction business. - [When the Market Shifts, So Can Your Strategy: Controlling Construction Costs with Employee Benefits](https://beneco.com/when-the-market-shifts-so-can-your-strategy-controlling-construction-costs-with-employee-benefits/) - Offset rising costs with Beneco employee benefits. Learn how the industry is controlling construction costs and staying competitive during market volatility. - [Hour Banking: A Smart Solution for Construction Companies](https://beneco.com/hour-banking-a-smart-solution-for-construction-companies/) - Discover how hour banking for prevailing wage employees can help construction companies save money, retain employees, and maintain benefits during slow periods. - [Prevailing Wage Benefits that Help Reduce Costs and Strengthen Bids](https://beneco.com/prevailing-wage-benefits-that-help-reduce-costs-and-strengthen-bids/) - Offer smarter employee benefits for construction crews. Reduce labor costs, improve retention, and stay compliant with help from your prevailing wage fringe. - [Beneco Announces Strategic Partnership with Hammr to Help Streamline Payroll and Prevailing Wage Compliance](https://beneco.com/beneco-announces-strategic-partnership-with-hammr-to-help-streamline-payroll-and-prevailing-wage-compliance/) - Beneco and Hammr partner to streamline construction payroll, benefits, and prevailing wage compliance for contractors nationwide. Learn more today. - [How prevailing wage contractors use fringe dollars to unlock custom retirement solutions](https://beneco.com/how-prevailing-wage-contractors-use-custom-retirement-solutions-to-maximize-fringe-dollars/) - Discover how custom retirement solutions help prevailing wage contractors reduce payroll taxes, retain talent, and optimize fringe dollars. Learn more. - [Prevailing Wage Compliance—Your Questions Answered](https://beneco.com/prevailing-wage-compliance-your-questions-answered/) - Get answers to your top prevailing wage questions. Our post covers the Davis-Bacon Act, certified payroll, fringe benefits, and the latest updates. - [Prevailing Wage Fringe Benefits: How to Maximize Your Dollars in 2026](https://beneco.com/prevailing-wage-fringe-benefits-how-to-maximize-your-dollars-in-2026/) - Are cash payments on prevailing wage jobs losing you money? Learn how you can maximize your prevailing wage fringe benefits to help your company succeed in 2026 - [Understanding Fringe Benefits on Prevailing Wage Projects: Government Options for Contractors](https://beneco.com/understanding-fringe-benefits-on-prevailing-wage-projects/) - A key decision prevailing wage contractors face is how to allocate fringe benefits. Different approaches have their own advantages. Read our blog to learn more. - [Addressing Employee Concerns About Prevailing Wage Employee Benefits](https://beneco.com/addressing-employee-concerns-about-prevailing-wage-employee-benefits/) - Learn how to explain prevailing wage employee benefits to employees. Discover why retirement, healthcare & stability can be better than extra cash in paychecks. - [Connecticut prevailing wage payments: Not just for onsite work anymore](https://beneco.com/connecticut-prevailing-wage-payments-not-just-for-onsite-work-anymore/) - What Connecticut contractors should know about a recent bill extending the state's prevailing wage law covering offsite custom fabrication. It's all in our blog - [Frequently Asked Questions about Prevailing Wage Projects](https://beneco.com/frequently-asked-questions-about-prevailing-wage-projects/) - Learn about the Davis-Bacon Act, certified payroll, fringe benefits, and how prevailing wage jobs can grow your construction business. Discover more with Beneco - [Impact of the Inflation Reduction Act on Contractors](https://beneco.com/inflation-reduction-act/) - The Inflation Reduction Act is here with some important things for contractors to be aware of regarding legislation as public work ramps up. Read our blog post. - [Beneco’s Ancillary Benefits: Easy Options to Help Grow Your Business.](https://beneco.com/ancillary-benefits-grow-your-business/) - Offering medical and retirement benefits can seem daunting. But there are other benefits a little less frightening that can still help you grow your business. - [The Importance of Naming a Beneficiary](https://beneco.com/the-importance-of-naming-a-beneficiary/) - What happens to your retirement savings if you pass away? Here is what you should know about naming a beneficiary that could save your loved ones’ time & money. - [Common Questions About Prevailing Wage Projects](https://beneco.com/questions-about-prevailing-wage-projects/) - Bidding and working on prevailing wage projects can be a great strategy for business growth. Have doubts? Here are answers to the most common questions we hear. - [Prevailing Wage & Inflation Reduction Act Boost Solar](https://beneco.com/inflation-reduction-act-prevailing-wage-powering-solar-industry/) - Explore how the Inflation Reduction Act & prevailing wage laws are driving solar industry growth with home energy and clean energy tax credits. - [Why Should Construction Employees have Health Insurance?](https://beneco.com/construction-employee-health-insurance/) - Health insurance is a must-have benefit among construction employees. But what else can health insurance provide outside of paying for medical expenses? - [Financial Wellness 101: Do You Have an Emergency Fund?](https://beneco.com/financial-wellness-emergency-fund/) - In life, surprises are bound to happen. If you had an unexpected emergency expense, would you be able to pay for it? Now is the time to build an emergency fund! - [Understanding SECURE 2.0 and Its Impact on Prevailing wage Contractors](https://beneco.com/understanding-secure-2-0-and-its-impact-on-prevailing-wage-contractors/) - The SECURE 2.0 Act represents a significant shift in retirement plan legislation. Understanding it is crucial for those working with prevailing wage contractors - [Health Reimbursement Arrangement - HRA](https://beneco.com/health-reimbursement-arrangement-hra/) - Considered offering an HRA as part of your benefits package? An HRA plan can be an easy option for your company and create a positive impact for your team. - [Construction Safety Week 2024](https://beneco.com/construction-safety-week-2024/) - Construction Safety Week allows us to focus on the safety of our workforce and demonstrate a continued commitment to building a stronger, safer industry. - [Prevailing Wage Education and Growing Your Construction Company](https://beneco.com/prevailing-wage-education/) - Staying on top of prevailing wage and Davis-Bacon can help grow your business. Beneco's prevailing wage education can help and offer tips to help stay compliant - [Why Start a 401k Plan for Your Employees?](https://beneco.com/employee-401k/) - It's important to let your employees know that a 401k plan will ensure they have enough money to enjoy a comfortable standard of living when they retire. - [Five Reasons to Love Your 401k Plan](https://beneco.com/five-reasons-to-love-your-401k-plan/) - Wondering if putting money into a 401k is worth it? Think no longer. Here are 5 reasons you should not only be happy with your decision - you should LOVE it! - [Tax Planning & Profit Sharing](https://beneco.com/profit-sharing-tax-planning/) - When it comes time for tax planning, remember that a Beneco retirement plan can offer significant savings on labor costs and offset profit-sharing contributions - [Recognizing Construction Appreciation Week](https://beneco.com/recognizing-construction-appreciation-week/) - The construction industry is the backbone of any economy, and yet it is rarely recognized. That is why Beneco celebrates Construction Appreciation Week! - [SECURE Act 2.0 - Tax Incentives & More](https://beneco.com/secure-act-2-0-tax-incentives-more/) - SECURE Act 2.0 makes it easier for small businesses to offer retirement plans to employees by eliminating some of the red tape and providing tax incentives! - [Compliance Concerns with Prevailing Wage](https://beneco.com/compliance-concerns-with-prevailing-wage/) - Are compliance concerns keeping you from bidding on prevailing wage projects or causing stress on the jobs that you win? Stress no more—Beneco is here to help! - [Unfolding the Insights from the CFMA Annual Conference](https://beneco.com/unfolding-the-insights-from-the-cfma-annual-conference/) - Read our wrap-up of the recent CFMA Annual Conference as we unfold some of our insights of this year's event and what we saw while attending. - [What We Learned from the CFMA Conference](https://beneco.com/learned-from-cfma/) - The CFMA Conference showed us that the construction community is learning and working together to make positive changes for the industry. - [Construction Safety Week 2023](https://beneco.com/construction-safety-week-2023/) - Learn about the impact of Construction Safety Week and the continued commitment to build a stronger, safer industry together. - [Retirement Plan Features to Help Attract and Retain Talent](https://beneco.com/retirement-plan-features-to-help-attract-and-retain-talent/) - Attracting and retaining employees is a concern in the construction industry. Learn how some retirement plan features can help make your business more appealing - [The Importance of Construction Safety Week](https://beneco.com/the-importance-of-construction-safety-week/) - What is Construction Week? It's recognizing the safety of the industry's workers — making sure every person arrives home every day. - [Stress in Construction](https://beneco.com/stress-in-construction/) - Stress in construction has become a concern for employers. Read about what may be causing it and strategies that could help mitigate low morale and burnout - [Celebrating the Construction Industry at the ABC Convention](https://beneco.com/celebrating-the-construction-industry-at-the-abc-convention/) - The construction industry gathered at the ABC Convention to network, hear inspiring keynotes, and learn from panel discussions on management, technology, & more - [What We Learned During CONEXPO-CON/AGG 2023](https://beneco.com/what-we-learned-during-conexpo-con-agg-2023/) - From the latest in heavy equipment and industry trends to innovative product demos and strategic business insights, here is what we learned from CONEXPO 2023 - [Your Partners for Retirement Solutions](https://beneco.com/your-partners-for-retirement-solutions/) - Advisors looking for retirement solutions for contractors turn to Beneco for their personalized service, backed by the strength and security of FuturePlan. - [World of Concrete 2023 - Our Key Takeaways](https://beneco.com/world-of-concrete-our-key-takeaways/) - Here are some of Beneco's key takeaways from this year's World of Concrete, including hot topics and new construction trends and technologies. - [Spotlight - Beneco Women in Construction](https://beneco.com/beneco-women-in-construction/) - We're spotlighting the Women in Construction from the Beneco universe that make it easy to work with such a great organization! - [Tips to Weather a Turbulent Market](https://beneco.com/tips-to-weather-a-turbulent-market/) - Turbluent markets can make you wonder if you’re on track to meet retirement goals. Consider the following steps you should be taking in both up & down markets. - [Financial Wellness 101 - Retirement Plans](https://beneco.com/financial-wellness-retirement-plans/) - Provide a little financial wellness 101 to your employees, and explain to them how a retirement plan can be beneficial to their future. - [Infrastructure Bill Updates](https://beneco.com/infrastructure-bill-updates/) - On November 15, 2021, the bipartisan Infrastructure Bill passed, allocating $1.2 trillion to improving our infrastructure. Where does it stand today? - [The Market and Global Events](https://beneco.com/mkt-global-events/) - Market volatility can serve as an important reminder for plan participants to review their investment strategies on a regular basis. - [Mental Health in the Construction Industry](https://beneco.com/mental-health-in-the-construction-industry/) - Normalizing conversations about mental health must become a priority in the construction industry. Let's create a work safer culture! - [Now is the Time to Grow Your Business with Employee Benefits](https://beneco.com/now-is-the-time-to-grow-your-business-with-employee-benefits/) - The construction industry has historically been one of the least likely to offer benefits to their employees. Tight margins for winning bids, employees preferring higher pay over benefits, seasonality, and high employee turnover all play a factor. So why is now the time to upgrade the benefits package you are offering your employees? Health insurance - [Women In Construction Week 2022](https://beneco.com/wic2022/) - As new construction industry jobs open, companies are looking to recruit more women than ever before to bring their skill sets into the field. - [The Beneco 401(k) Enrollment Process](https://beneco.com/the-beneco-401k-enrollment-process/) - As a plan sponsor you have the responsibility to ensure your plan operates according to the plan document to maintain its qualified status. The enrollment process entails providing employees with information about the plan, gathering information from them, and ensuring they are entered into the plan on time. To inform employees of their eligibility for - [Tax Saver's Credit Reminder](https://beneco.com/tax-savers-credit-reminder/) - You may be eligible for a valuable incentive, which could reduce your federal income tax liability, for contributing to your company’s 401(k) or 403(b) plan. If you qualify, you may receive a Tax Saver’s Credit of up to $1,000 ($2,000 for married couples filing jointly) if you made eligible contributions to an employer sponsored retirement savings - [Financial Wellness 101: How Much Do You Know About Your Retirement Plan?](https://beneco.com/financial-wellness-101-how-much-do-you-know-about-your-retirement-plan/) - Your employer provides you with a retirement plan for you to save money in, tax-deferred, for the day you bid your career farewell and enter into retirement. It’s important for you to know the facts about your plan, so you can maximize its saving potential. Here are essentials to know about your retirement plan: What - [Retirement Plan Loans: To Borrow or Not to Borrow?](https://beneco.com/retirement-plan-loans-to-borrow-or-not-to-borrow/) - Although you may have the ability to borrow money from your retirement plan in the form of a loan, please proceed with caution! - [5 Tactics to Increase Retirement Plan Participation](https://beneco.com/5-tactics-to-increase-retirement-plan-participation/) - Employees fail to enroll in their retirement plan for a variety of reasons. They may be intimidated if it’s their first time around or they might not fully understand and appreciate the benefits (or the downside of not participating). Some could be concerned about “locking up” their money — and others might worry so much - [Financial Wellness 101: Looking to the Horizon](https://beneco.com/financial-wellness-101-looking-to-the-horizon/) - Retirement can be the most wonderful time of your life, truly the golden years. It is up to you to do what you can to make it so. Enjoying good health in retirement is key to quality of life. The other major determiner of quality of life in retirement is financial security. Below are some - [What is Roth & What Does it Mean for Me?](https://beneco.com/what-is-roth-what-does-it-mean-for-me/) - When you hear Roth 401(k), Roth IRA, or just Roth, this is generally referring to a specific type of tax benefit your savings may receive. You pay taxes on Roth contributions for the taxable year in which they are made. “Traditional” contributions typically means that your contributions were taken out of your paycheck on - [4 Basic Steps for a Successful Retirement](https://beneco.com/4-basic-steps-for-a-successful-retirement/) - We know that most plan participants are not financial experts, and that can make planning for retirement difficult. Fortunately, there are some basic steps that you can follow to work toward a successful retirement. Learn the basics of saving and investing. Understand the basic types of investment products, like stocks, bonds, and money market accounts. - [Back to Basics: Prevailing Wage Webinar Series](https://beneco.com/prevailing-wage-webinar-series/) - The coronavirus pandemic has had a large impact on many industries, but construction has only shown minimal slowing. A bona fide benefits program can help your company drive business growth, while simultaneously retaining and attracting quality employees. Join Beneco for a 5-part webinar series walking you through unique prevailing wage strategies to build a comprehensive - [Budgeting for Retirement](https://beneco.com/budgeting-for-retirement/) - There are all kinds of “rule of thumb” numbers floating around for how much income you’ll need in retirement, but they are just that — guidelines, not hard and fast rules that will necessarily apply to your particular situation. Budgeting for your retirement is a bit of a guessing game however clarifying your goals and - [Prevailing Wage Projects: Trick or Treat?](https://beneco.com/prevailing-wage-projects-trick-or-treat/) - Bidding on and performing prevailing wage projects does not need to be scary! Partnering with a prevailing wage expert, like Beneco, can help you navigate some of the uncertainty that contractors often feel when working on these projects. Below we have answered 8 of the most common questions we hear from our clients: What projects - [Election Year Investment Volatility](https://beneco.com/election-year-investment-volatility/) - Election years, with their uncertainty and increased emotions, cause anxiety for investors. Certainly, there may be short-term market volatility around elections, but history suggests that over the long-term the economy and markets move higher regardless of election outcomes. In fact, presidents often receive too much credit for strong economies and markets, as well as too - [The 10% Savings Goal](https://beneco.com/the-10-savings-goal/) - Most people need to save more — often a lot more — to build a nest egg that can meet their needs. Many financial experts recommend putting away 10 to 15 percent of your pay for retirement. There’s a relatively painless way to reach that goal. Take small steps • Begin by contributing enough to - [Coronavirus and Past Market Epidemics](https://beneco.com/corona-virus-and-past-market-epidemics/) - Epidemics in the past have led to sharp pull-backs in the markets. Over the long-term, however, the stock market has weathered past epidemics. - [SECURE Act: The Wait is Finally Over](https://beneco.com/secure-act-the-wait-is-finally-over/) - For the past three years, Congress has attempted to pass major retirement reform legislation. It has finally succeeded with the year-end passage of two spending packages meant to avert a government shutdown. - [Do You Know the 50/30/20 Rule?](https://beneco.com/do-you-know-the-50-30-20-rule/) - Dont be spooked by compliance! Here are 7 of the top compliance concerns we hear from plan sponsors concerned about their 401k plans. - [Offering a 401(k) Plan: Trick or Treat?](https://beneco.com/offering-a-401k-plan-trick-or-treat/) - Dont be spooked by compliance! Here are 7 of the top compliance concerns we hear from plan sponsors concerned about their 401k plans. - [Borrowing Against Your Retirement Plan: More Costly Than You Think](https://beneco.com/borrowing-against-your-retirement-plan-more-costly-than-you-think/) - This post informs participants about the downfalls of taking money out of their retirement plan - [Ascensus Announces Acquisition of Contractor Retirement and Benefit Solutions Provider Beneco](https://beneco.com/ascensus-press-release/) - Workers today don't view benefits as a perk, they're an expected part of their compensation package - especially health insurance. - [The Benefits of Health Insurance](https://beneco.com/benefits-of-health-insurance/) - Workers today don't view benefits as a perk, they're an expected part of their compensation package - especially health insurance. - [Summer Homework](https://beneco.com/summer-homework/) - This provides employees with important reminders to make sure their retirement plan information is up to date. - [Six Ways To Spring Clean Your Finances](https://beneco.com/six-ways-to-spring-clean-your-finances/) - This spring, while you’re busy tidying up your home, make sure to carve out some time to clean up your personal finances as well. - [HSAs: A Tax Trifecta Investment Opportunity](https://beneco.com/hsas-a-tax-trifecta-investment-opportunity/) - There’s never been a better time to jump headfirst into a positive change for your employees. Prepare yourself and your business by hearing what we have to say on HSAs. - [Understanding Retirement Plan Fees](https://beneco.com/understanding-retirement-plan-fees/) - Retirement plan fees are complicated. The three main components are administrative fees, investment fees and plan consulting fees. - [No Beneficiary Designation. Who Gets the Money?](https://beneco.com/no-beneficiary-designation-who-gets-the-money/) - It is important for plan fiduciaries of qualified retirement plans to understand their role regarding beneficiary designations and the regulations that dictate. - [Ways contractors can attract new business in 2019](https://beneco.com/ways-contractors-can-attract-new-business-in-2019/) - Working adults should prioritize saving for their retirement even though there may be many other spending priorities competing for their paychecks. - [IRS Limits on Retirement Benefits and Compensation](https://beneco.com/retirement-plan-limits/) - IRS Limits on Retirement Benefits and Compensation as published in IRS News Release IR-2018-83, Nov. 1, 2018 - [Life Lessons: Don't Have a Mid-Career Savings Crisis](https://beneco.com/life-lessons-dont-have-a-mid-career-savings-crisis/) - Working adults should prioritize saving for their retirement even though there may be many other spending priorities competing for their paychecks. - [Uncashed Retirement Checks](https://beneco.com/uncashed-retirement-checks/) - Plan fiduciaries are held to a high standard of care with respect to plan-related decisions regarding investments, service providers, plan administration and general ERISA compliance issues - [Record Retention](https://beneco.com/record-retention/) - “What records should I keep, how long should I keep them, and how should I organize my files?” Several rules of thumb when it comes to record retention. - [Role of a Retirement Plan Advisor](https://beneco.com/role-of-a-retirement-plan-advisor/) - Plan fiduciaries are held to a high standard of care with respect to plan-related decisions regarding investments, service providers, plan administration and general ERISA compliance issues - [Consider Giving Your Graduate a Roth IRA](https://beneco.com/consider-giving-your-graduate-a-roth-ira/) - Contributing to a Roth individual retirement account for your new graduate could help encourage a lifetime of investing. - [Clash of the Goals: Save for College or Retirement?](https://beneco.com/clash-of-the-goals/) - Save for College or Retirement? It doesn't have to be an either/or decision for retirement plan participants. - [Financial Wellness Series — Cryptocurrency 101](https://beneco.com/cryptocurrency-101/) - CryptoCurrencies, Blockchain, BTC...If you weren’t sure if this was English, you're not alone. We break down some of the most commonly used jargon. - [Plan Ahead to Ease Travel Headaches](https://beneco.com/plan-ahead-to-ease-travel-headaches/) - Waiting in airport security lines is just one of many headaches today’s travelers experience. Here are some tips to help ease traveling stress. - [The Importance of Plan Compliance](https://beneco.com/the-importance-of-plan-compliance/) - The beginning of a new year is a good time to review your financial goals and find ways to save more in your retirement plan. - [Make Saving More Your New Year's Plan](https://beneco.com/make-saving-more-your-new-years-plan/) - The beginning of a new year is a good time to review your financial goals and find ways to save more in your retirement plan. - [Financial Wellness Series — Retirement FAQs](https://beneco.com/retirement-faqs/) - Enjoying good health in retirement is key to quality of life. The other major determiner of quality of life in retirement is financial security. This article has some important questions that are never too early to consider. - [Your Retirement Date](https://beneco.com/your-retirement-date/) - Retirement can be the most wonderful time of your life. This article features some important questions that are never too early to consider. - [Copper For Kids](https://beneco.com/copper-for-kids/) - Copper for Kids has partnered with over fifty contractors and subcontractors in California, and has helped hundreds of children in foster care find their forever families - [Have you Checked the Beneficiaries on Your Retirement Plan?](https://beneco.com/checked-beneficiaries-retirement-plan/) - Q. I want to change the beneficiary of my retirement plan account. Is that possible? A. When you joined your employer’s retirement savings plan, you had to choose a beneficiary who would receive your plan assets if you die. You probably picked the person or persons who made the most sense at that time. But - [A Financial Action Plan for the Future](https://beneco.com/financial-action-plan-future/) - In 1955, the life expectancy of the average American was 69.6 years. By 1995, it was 75.8 years. Nineteen years later, life expectancy reached a new high of 78.8 years, according to the latest information from the Centers for Disease Control and Prevention. While certainly positive, these statistics may only add to the pressure many - [Charting a New Course for Retirement](https://beneco.com/charting-new-course-retirement/) - Investing for retirement is a long-term venture that is ever evolving. Just as ship captains adjust their course to account for changes at sea, you may need to adjust your investment course from time to time. Here are some of the conditions that may indicate you need to chart a new course for your retirement - [Your Retirement - Planning for a 30-year Adventure](https://beneco.com/retirement-planning-30-year-adventure/) - What if you knew you were going to spend several years exploring the Far East? Wouldn’t you think about how much money you’d need and start saving as soon as possible so you would have enough to cover your expenses on the trip? If you think about it, your retirement is a lot like a - [Get the Facts About Retirement Investing](https://beneco.com/get-facts-retirement-investing/) - Some things will never change: The sun will always rise in the east, country singers will always sing about broken hearts, and it will always rain after you’ve washed your car. On a more serious note, there are also certainties in the world of finance and investing. Two are particularly important for plan participants: (1) - [Don't Wait to Save More in Your Retirement Plan](https://beneco.com/dont-wait-save-retirement-plan/) - Does it seem like it’s never a good time to save more for retirement? Do other financial needs always seem more pressing? Whether it’s repaying a college loan, buying a car, taking a vacation, saving for a house, or just paying household bills, there are always going to be pressures on your budget. If you - [What You May Not Know About Your Employer-Sponsored Retirement Plan](https://beneco.com/much-really-know-employer-sponsored-retirement-plan/) - Your retirement plan is a valuable benefit that allows you to save for your future in a convenient way. But you probably knew that already. Here’s a short quiz about some important plan features you may not know about. Do you know what an SPD is? SPD stands for Summary Plan Description. It is a - [Avoid the Default Investment Trap](https://beneco.com/avoid-default-investment-trap/) - Have you heard of 401(k) Day? It’s a time for promoting the popular 401(k) retirement plan and the importance of setting money aside for the future while you are working. Participating in your employer-sponsored plan is an important step toward having the retirement you want. To be successful, you must understand your retirement plan’s investment - [A Retirement Plan Checkup](https://beneco.com/retirement-plan-checkup/) - A Retirement Plan Checkup Now is a great time of year to review your retirement account. For one thing, it’s tax season. So you’re already thinking about money. Before spring and summer ramp up, spend some quality time with your retirement plan. Check the Big Picture Grab your latest statement and check your balance. Are you saving enough? - [Learn More About Your Company-Sponsored Retirement Plan](https://beneco.com/learn-company-sponsored-retirement-plan/) - Your retirement plan is a valuable benefit that allows you to save for your future in a convenient way. But you probably knew that already. Here’s a short quiz about some important plan features you may not know about. What is an SPD? SPD stands for Summary Plan Description. It is a plain-language description of - [Are You Ready? A Checklist for the New Year](https://beneco.com/ready-checklist-new-year/) - The start of every new year brings the promise of new beginnings. It’s a time to think about setting new goals and resolving to do new things. If one of your resolutions is to find new and better ways to manage your finances and invest your money, then jump-start your efforts with the checklist that - [What is the Difference Between a Traditional IRA and Roth IRA?](https://beneco.com/what-is-the-difference-between-a-traditional-ira-and-roth-ira/) - What is the difference between a Traditional IRA and a Roth IRA? - [The Beneco Plan Can Help Avoid Corrective Distributions](https://beneco.com/the-beneco-plan-can-help-avoid-corrective-distributions/) - The Beneco Plan Can Help Avoid Corrective Distributions - [What is Automatic Enrollment and What Are The Benefits?](https://beneco.com/what-is-automatic-enrollment-and-what-are-the-benefits/) - As we move further in to the 21st century, the responsibility of saving for retirement has fallen almost squarely on the shoulders of plan participants (employees). With defined benefit pensions plans offering a lifetime stream of income no longer the norm and the increasingly uncertain state of our country's Social Security system, employer-sponsored retirement plans are - [What Are Roth 401(k) Deferrals and How Are They Different?](https://beneco.com/what-are-roth-401k-deferrals-and-how-are-they-different/) - When our participants use their Beneco Plan for retirement saving, a question we often get revolves around pre-tax contributions and after-tax Roth contributions. Specifically, what is the difference between the two and which one is “better?” Keep in mind, not every employer-sponsored plan offers the Roth contribution option. Be sure to double check your plan’s - [A Quick Guide to Beneco's Products & Services](https://beneco.com/a-quick-guide-to-benecos-products-services/) - This is quick and useful guide for the suite of benefit programs Beneco offers to contractors. ## Pages - [Homepage](https://beneco.com/) - Beneco provides employee benefits for prevailing wage contractors by optimizing their fringe with retirement plans, health insurance, and compliance support. - [Builder's Blog](https://beneco.com/builders-blog/) - Always building and frequently updating! Beneco's Builder's Blog includes all things prevailing wage, construction, contractor benefits, compliance & more. - [Get to Know Beneco](https://beneco.com/get-to-know-beneco/) - If you found our ad in CBO magazine, then you're in the right place to find more information about Beneco's prevailing wage services! - [Prevailing Wage Solutions](https://beneco.com/prevailing-wage-solutions/) - We're building brighter futures for contractors and employees with unique prevailing wage solutions and benefits. See how with our fringe savings calculator! - [Submit Organizer Form](https://beneco.com/submit-organizer-form-7/) - [Submit Organizer Form](https://beneco.com/submit-organizer-form-8/) - [Organizer Dashboard](https://beneco.com/organizer-dashboard-6/) - [Submit Venue Form](https://beneco.com/submit-venue-form-6/) - [Organizer Dashboard](https://beneco.com/organizer-dashboard-7/) - [Submit Venue Form](https://beneco.com/submit-venue-form-7/) - [Venue Dashboard](https://beneco.com/venue-dashboard-7/) - [Venue Dashboard](https://beneco.com/venue-dashboard-8/) - [Submit Organizer Form](https://beneco.com/submit-organizer-form-2/) - [Organizer Dashboard](https://beneco.com/organizer-dashboard-2/) - [Submit Venue Form](https://beneco.com/submit-venue-form-2/) - [Venue Dashboard](https://beneco.com/venue-dashboard-2/) - [Event Venues](https://beneco.com/event-venues-3/) - [Submit Organizer Form](https://beneco.com/submit-organizer-form-3/) - [Organizer Dashboard](https://beneco.com/organizer-dashboard-3/) - [Submit Venue Form](https://beneco.com/submit-venue-form-3/) - [Venue Dashboard](https://beneco.com/venue-dashboard-3/) - [Submit Organizer Form](https://beneco.com/submit-organizer-form-4/) - [Submit Organizer Form](https://beneco.com/submit-organizer-form-5/) - [Submit Organizer Form](https://beneco.com/submit-organizer-form-6/) - [Organizer Dashboard](https://beneco.com/organizer-dashboard-4/) - [Organizer Dashboard](https://beneco.com/organizer-dashboard-4/) - [Organizer Dashboard](https://beneco.com/organizer-dashboard-5/) - [Submit Venue Form](https://beneco.com/submit-venue-form-4/) - [Submit Venue Form](https://beneco.com/submit-venue-form-4/) - [Submit Venue Form](https://beneco.com/submit-venue-form-5/) - [Venue Dashboard](https://beneco.com/venue-dashboard-4/) - [Venue Dashboard](https://beneco.com/venue-dashboard-5/) - [Venue Dashboard](https://beneco.com/venue-dashboard-6/) - [Beneco — Your Partner in Prevailing Wage Benefits](https://beneco.com/prevailing-wage-benefits-partner/) - If you are looking for more information to learn how to make your prevailing wage dollars work more for you and your employees, we're here to help! - [Welcome CBO Readers](https://beneco.com/cbo/) - If you found our ad in CBO magazine, then you're in the right place to find more information about Beneco's prevailing wage services! - [Who We Are](https://beneco.com/who-we-are/) - Who we are - Beneco is a partner for contractors working on public works projects, helping your company save money on health benefits, retirement plans, & more. - [Medical Solutions](https://beneco.com/solutions-medical/) - Beneco offers a wide range of Medical and Welfare services to benefit you and your employees. - [Events](https://beneco.com/events/) - If you want to learn more about Prevailing Wage benefits or looking to meet a Beneco Team member in person, join us for one of our live or virtual events! - [Contact the Sales Team](https://beneco.com/sales-team/) - Do you have questions about Prevailing Wage Benefits? Contact the Beneco sales team today. We're here to help you find answers! - [Life Insurance Solutions](https://beneco.com/life-insurance-solutions/) - Life insurance benefits at work is important to most employees — delivering on this care can help minimize their financial stress - [Retirement Solutions](https://beneco.com/solutions-retirement/) - Retirement solutions made easier for contractors, empowering you and your valued workers to build a more secure and prosperous future. - [Welcome RPAG Conference](https://beneco.com/welcome-rpag-conference/) - Join us at the RPAG Conference & learn how financial advisors can serve the construction industry through employee benefits powered by prevailing wage dollars. - [Let's Build Together](https://beneco.com/lets-build-together/) - We help financial advisors successfully serve the construction industry through employee benefits powered by prevailing wage dollars — let's build together! - [Contact the Beneco Team](https://beneco.com/contact-the-beneco-team/) - Do you have questions about Prevailing Wage Benefits? Contact the Beneco team today. We're here to help you find answers! - [Beneco — the Prevailing Wage Experts](https://beneco.com/learn-prevailing-wage/) - If you are looking for more information to learn how to make your prevailing wage dollars work more for you and your employees, we're here to help! - [Welcome ABC Attendees](https://beneco.com/welcome-abc-attendees/) - If you met us at ABC National, then you're in the right place to find more information about Beneco's prevailing wage services! - [Coming Soon](https://beneco.com/coming-soon/) - More Prevailing Wage content is coming soon! In the meantime, feel free to browse the rest of the Beneco website or contact us for answers to your questions. - [Welcome ABC San Diego Construction Expo Attendees](https://beneco.com/abc-san-diego-construction-expo/) - If you were at the ABC San Diego Construction Expo & looking for more info on maximizing your prevailing wage dollars for you & your employees, Beneco can help! - [Welcome NUCA Attendees](https://beneco.com/nuca/) - If you're looking for more info on how to make your prevailing wage dollars work better for you and your employees, talk to the Beneco team at NUCA Booth #404! - [Welcome IEC Spark Attendees](https://beneco.com/welcome-iec-spark/) - If you met us at IEC Spark, then you're in the right place to find more info about Beneco's prevailing wage benefit plans built for the construction industry! - [Welcome NAWIC Attendees](https://beneco.com/welcome-nawic-attendees/) - Welcome NAWIC! If you're looking for more info about Beneco's prevailing wage services or have questions about Davis-Bacon, you've come to the right place! - [Beneco — Your Partner in Employee Benefits](https://beneco.com/beneco-your-partner-in-employee-benefits/) - If you are looking for more information on employee benefits or to learn how to maximize your prevailing wage fringe dollars, Beneco is here for you! - [Welcome CFMA Attendees](https://beneco.com/welcome-cfma/) - If you're a CFMA Attendee looking to find out how to make your prevailing wage dollars work more for you and your employees, Beneco is here to help! - [Contact Us](https://beneco.com/contact-us/) - Do you have questions about Prevailing Wage Benefits? Contact the Beneco team today. We're here to help you find answers! - [Virginia Retirement Plan](https://beneco.com/virginia-retirement-plan/) - Beneco knows the unique needs of the construction industry. Looking for a Virginia retirement plan to meet the needs of you and your employees? Let us help! - [Colorado Retirement Plan](https://beneco.com/colorado-retirement-plan/) - Beneco knows the unique needs of the construction industry. Looking for a Colorado retirement plan to meet the needs of you and your employees? Let us help! - [California Retirement Plan](https://beneco.com/california-retirement-plan/) - Beneco knows the unique needs of the construction industry. Looking for a California retirement plan to meet the needs of you and your employees? Let us help! - [Welcome Conexpo Attendees](https://beneco.com/conexpo/) - If you met us at ConExpo, then you're in the right place to find more information about Beneco's prevailing wage services! - [Welcome CICPAC Attendees](https://beneco.com/welcome-cicpac-attendees/) - If you're a CICPAC Attendee looking to boost your business by serving prevailing wage contractors, Beneco is here to help! - [Welcome ABC of Western Washington](https://beneco.com/welcome-abc-western-washington/) - Thank you for joining us at ABC of Western Washington. We're glad you're here to learn more about Beneco's prevailing wage benefit plans! - [Learn More About the Prevailing Wage Experts](https://beneco.com/pw-experts/) - If you are looking for more information on how to make your prevailing wage dollars work more for you and your employees, we're here to help! - [Event Venues](https://beneco.com/event-venues-2/) - [Employee Portal Login](https://beneco.com/employee-login/) - Take control of your financial future! Login to the employee portal to check your account balance, make changes to your investment, and more. - [Welcome RPAG Orange County](https://beneco.com/rpag-oc/) - Learn how to grow your business by serving the construction industry through employee benefits powered by prevailing wage dollars. - [PDF Page](https://beneco.com/pdf-page/) - [bsk-pdfm-pdfs-ol id=”50, 51, 52, 53, 54, 55, 56, 57″ featured_image=”yes” order_by=”date” order=”DESC” show_pdf_title=”yes” show_description=”yes” target=”_blank” show_date=”yes” date_format=”l – ” date_before_title=”yes”] [bsk-pdfm-category-ul id=”ALL” order_by=”date” order=”DESC” pdfs_per_page=”10″ target=”_blank” show_date=”yes” date_format=”_d/m/Y” show_cat_title=”yes” cat_order_by=”title” cat_order=”ASC” search_bar=”CATEGORY_YEAR_KEYWORDS” search_bar_year_range=”2015-2018″ search_bar_year_order=”DESC” date_weekday_filter=”M-D” date_weekday_filter_right=”yes” show_pdf_title=”yes” show_description=”yes” featured_image=”yes” featured_image_size=”thumbnail” image_position=”right” password_required=”yes”] - [ABC Baltimore Landing Page](https://beneco.com/abc-baltimore-benefits-advantage/) - ABC Benefit Advantage Providing prevailing wage and benefit solutions to Baltimore ABC members! The ABC Greater Baltimore Chapter and Beneco have teamed up to offer you a benefits package designed for you and your employees. From Retirement Plans to Medical to HR & Consultative Services, our program helps contractors like you to: • Stay compliant - [Homepage - NP](https://beneco.com/homepage-2-2/) - WE PROVIDE Retirement SecurityLower CostsCompliant PlansHealthier EmployeesPeace of Mind Turnkey Employee Benefits, Compliance Services, and HR Solutions Custom Built for Contractors. Benefits HR Solutions Compliance Services Tax SavingsLearn More Over time, we have heard the same types of things from the hundreds of contractors we have partnered with For 30 years We have allied with - [Cryptocurrency 101](https://beneco.com/financial-wellness-series-cryptocurrency-101/) - CryptoCurrencies, Blockchain, Hash Generator, BTC, Ethereum…. If you weren’t sure if this was English, you are not alone. While Bitcoin is one of the biggest stories in today’s world, many still don’t understand what it is or how it works. To try and demystify this complex topic that has cemented itself within the daily news - [Employer Portal](https://beneco.com/employer-portal/) - Employer Portal Putting control of your financial future at your fingertips! Check you account balance, make changes to your investment, or your savings rate, and more. My Account Financial Education Creating a prosperous future for yourself and your family isn’t always easy. We know that. That’s why we offer tools that can help you to - [Maintenance Mode](https://beneco.com/maintenance-mode/) ## Events - [California Prevailing Wage Seminar - San Luis Obispo & Bakersfield](https://beneco.com/event/california-prevailing-wage-seminar-san-luis-obispo-bakersfield/) - If you're in the San Luis Obispo or Bakersfield areas working on prevailing wage projects in California, join Beneco for one of our free breakfast seminars. - [ABC Southeastern Michigan Prevailing Wage Seminar](https://beneco.com/event/abc-southeastern-michigan-prevailing-wage-seminar/) - Bidding or working on a public works job? Join ABC Southeastern Michigan for a free prevailing wage webinar and get strategies to save money and stay compliant. - [IECRM Colorado Prevailing Wage Seminar](https://beneco.com/event/iecrm-colorado-prevailing-wage-seminar-2/) - Join Beneco at IECRM for a free breakfast seminar to learn more about prevailing wage in Colorado and staying compliant while saving your company money! ## Portfolio - [Centered Gallery Full-Width](https://beneco.com/portfolio/centered-gallery-full-width/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. - [Sidebar Stack](https://beneco.com/portfolio/sidebar-stack/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. - [Sidebar Slides Full-Width](https://beneco.com/portfolio/sidebar-slides-full-width/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. - [Centered Slides](https://beneco.com/portfolio/centered-slides/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. - [Sidebar Gallery Full-Width](https://beneco.com/portfolio/sidebar-gallery-full-width/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. - [Sidebar Custom One](https://beneco.com/portfolio/sidebar-custom-one/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. - [Centered Stack](https://beneco.com/portfolio/centered-stack/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. - [Centered Slides Full-Width](https://beneco.com/portfolio/centered-slides-full-width/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. - [Sidebar Custom Two](https://beneco.com/portfolio/sidebar-custom-two/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. - [Sidebar Stack Full-Width](https://beneco.com/portfolio/sidebar-stack-full-width/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. - [Centered Custom Two](https://beneco.com/portfolio/centered-custom-two/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. - [Sidebar Gallery](https://beneco.com/portfolio/sidebar-gallery/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. - [Centered Stack Full-Width](https://beneco.com/portfolio/centered-stack-full-width/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. - [Centered Custom One](https://beneco.com/portfolio/centered-custom-one/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. - [Sidebar Slides](https://beneco.com/portfolio/sidebar-slides/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. - [Centered Gallery](https://beneco.com/portfolio/centered-gallery/) - We are excited to launch our new company and product Ooooh. After being featured in too many magazines to mention and having created an online stir, we know that Ooooh is going to be big. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. We also hope to win Startup Fictional Business of the Year this Year. You may have seen us in the Dinosaurs’ Den where we were we told that we didn’t need them because we were already doing it so well ourselves, so that’s what we have continued to do. ## Categories - [Uncategorized](https://beneco.com/category/uncategorized/) - [Builder Series](https://beneco.com/category/builder-series/) - [Bid Insights](https://beneco.com/category/bid-insights/) - [CPA Corner](https://beneco.com/category/cpa-corner/) - [Davis-Bacon Works](https://beneco.com/category/davis-bacon-works/) - [Press Releases](https://beneco.com/category/press-releases/) - [Regulation Watch](https://beneco.com/category/regulation-watch/) - [Financial Wellness](https://beneco.com/category/financial-wellness/) - [Medical](https://beneco.com/category/medical/) ## Tags - [foster care](https://beneco.com/tag/foster-care/) - [copper](https://beneco.com/tag/copper/) - [contractors](https://beneco.com/tag/contractors/) - [adoption](https://beneco.com/tag/adoption/) ## Event categories - [Business & Professional](https://beneco.com/event_listing_category/business-professional/) ## Event types - [Seminar or Talk](https://beneco.com/event-type/seminar-or-talk/) ## Portfolio Categories - [Web](https://beneco.com/portfolio_cat/web/) - This is a custom category page for Web. - [Adv](https://beneco.com/portfolio_cat/adv/) - This is a custom category page for Adv. - [Branding](https://beneco.com/portfolio_cat/branding/) - This is a custom category page for Branding. - [Design](https://beneco.com/portfolio_cat/design/) - This is a custom category page for Design. - [Photo](https://beneco.com/portfolio_cat/photo/) - This is a custom category page for Photo. ## Categories - [Classic](https://beneco.com/page_category/classic/) - [Blog](https://beneco.com/page_category/demo-blog/)