Winter 2021 – TRPC Newsletter

The MEP/PEP Debate: Are We Better Together? Upcoming Compliance Deadlines for Calendar-Year Plans Terminated Employees? Important Relief is Here. Is There Pandemic Relief For Late Deposits? The MEP/PEP Debate: Are We Better Together? When we talk about retirement plans, many employers think of single employer retirement plans. A single employer...

Fall 2020 – The Retirement Plan Company Newsletter

Cost of Living Adjustments for 2021 | Cycle 3 Plan Document Restatements | Required Year-End Participant Notices | The CARES ACT Update | Upcoming Compliance Deadlines for Calendar-Year Plans |The SECURE Act Reminders COST OF LIVING ADJUSTMENTS FOR 2021 On October 26, 2020, the IRS announced the Cost of Living Adjustments affecting the dollar...

Frequently Asked Questions about Cash Balance Plans

By:  Scott Cloud, MBA, CPC and Kyle Brown, CEBS Cash balance plans are a type of defined benefit retirement savings plan that enables business owners to make significant tax-deductible contributions each year and to accumulate significant retirement savings on a tax-deferred basis. While SEPs and 401(k)/profit sharing plans – as defined...

2021 Annual Limit Changes

The IRS has announced changes to retirement plan limits for 2021 Each year the Internal Revenue Service announces the cost-of-living adjustments applicable for all types of qualified retirement plans and IRAs. The various annual contribution limitations and other important indexes which govern all plans either remain unchanged...

Are You and Your Spouse Investing Soul Mates?

Money may not buy happiness, but it sure can create marital discord! Finances are reported to be one of the most common sources of disagreement between partners. A difference of opinion on money matters can affect everything from a couple’s household budget to their retirement investments. Addressing financial issues early can avoid many...