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Here is a basic blog layout with a right sidebarIRS Announces Limits for 2020
IRS Announces Limits for 2020: The IRS has released new contribution limits and other updates for retirement plans in 2020. This article will explore the changes, including new limits for 401(k), IRA, and other qualified retirement plans, and how they may impact your...
Why It Matters Before How It Works
Download The Companion Document Some business owners may come to you asking for information on a 401K or a cash balance plan. They may know of these from prior experience, or friendly advice, or they may have done their homework about different retirement plans. As...
Encourage Greater Participation with a QACA Safe Harbor Plan
Download The Companion Document You already know that a 401(k) is a very popular retirement plan that allows employees to take advantage of tax deferrals on contributions and earnings while their money accumulates for retirement. To enjoy this special status, the IRS...
Business Transactions Will Affect Your 401(k) Plan
Rick has worked over 30 years in the development, management & administration of qualified retirement plans. Rick earned a Bachelor of Arts degree in Economics from Dartmouth College & received his Chartered Life Underwriter (CLU) designation from the American...
It’s All in the Design…
Permitted disparity is a practice allowing retirement plans to favor highly compensated employees by providing greater benefits than non-highly compensated employees. For many new Plan Sponsors, and even those savvy at running company retirement plans, understanding...
Complying with Safe Harbor Deadlines
All 401(k) plan contributions have deposit deadlines, and it’s up to 401(k) fiduciaries to meet them. Yet, many are unclear about the deadlines applicable to their 401(k) plan. That confusion can easily lead to late contributions. Most of the confusion surrounds the...