Image
May 3, 2024

Fix Your 401(k) Plan – Five Most Common IRS Red Flags for 401(K) Plans

Red flags in a 401(k) plan can trigger an audit or other scrutiny from the Internal Revenue Service (IRS). Below is a brief list of some common red flags that alert the IRS if an audit may be warranted. Use this list to identify 401(k) plan issues and make sure your TPA (third party administrator) can correct the issues as...
Read NOW
Image
April 25, 2024

 401(k) Audit Red Flags: How Your Company Can Avoid Costly Mistakes 

Determining if there are any red flags in your 401(k) audit is not as simple as seeing a bright red flag at the home screen of your 401(k)-plan website. To determine if there are any red flags, you will need to review the various aspects of the plan and determine if there is a potential 401(k) issue that may be...
Read NOW
IRS-Red-flags-for-401k-group-plans-langan-financial-advisors
March 6, 2024

How to Protect Group Retirement Plans Against IRS 401(k) Red Flags

In the ever-changing world of group retirement plans, ensuring compliance with regulations set by the Internal Revenue Service (IRS) is essential in promoting the financial well-being of both the employer and employees. As the plan sponsor of a retirement plan, it is important to be proactive in identifying and addressing potential IRS red flags.  Understanding 401(K) Audit Red Flags 401(k)...
Read NOW
Image
February 28, 2024

401(k) IRS Audit Triggers for Retirement Plans in 2023

An Internal Revenue Services (IRS) audit is an inspection conducted by the IRS to ensure compliance with tax laws and regulations. When a business sponsors a 401(k) plan, audits can be particularly significant as they verified that employers are following the rules governing the establishment and maintenance of retirement plans. The IRS conducts these audits to ensure the integrity of...
Read NOW

Disclosure: Check the background of your financial professional on FINRA's BrokerCheck. The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation.  The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.  Cambridge and Langan Financial Group, LLC. are not affiliated. Cambridge Investment Research Advisors, Inc. a Registered Investment Advisor.  Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC, to residents of: AL, AZ, CO, DE, FL, GA, IA, KY, MD, NJ, NM, NY, NC, OH, PA, TX, VA, WI   Cambridge and Langan Financial Group does not offer legal advice. Estate planning services are in regards to your overall financial plan. Always be sure to speak to a legal professional in regards to specific legal matters. Fixed insurance services offered through Langan Financial Group.

 

Testimonial/Endorsement Disclosure: The testimonials may not be representative of the experience of other customers.  The testimonials are no guarantee of future performance or success.  All of the testimonials/endorsements are clients with the exception of Steven Martinez of York SPCA.  There was no cash nor non-cash compensation for any of the testimonials provided.

© Langan Financial Group 

Harrisburg, PA Office

Address: 1863 Center St, Camp Hill, Pa 17011
Phone: 717-288-1880

York, PA Office

Address: 3405 Board Rd, Suite 200, York, Pa 17406
Phone: 717-773-4085