Who Should Consider a Cash Balance Plan?
Cash balance plans may allow high-income earners to save more towards retirement. So, who should consider a cash balance plan?
Attention all PBGC Premium Filers
The PBGC has a new mailing address! Make sure to update your files so that your filing and payment are sent to the correct address.
401(k) Plan Eligibility Requirements for Summer Help
RMDs for Missing Participants in Defined Contribution Plans
Minimum distributions are required for certain participants age 70½. How do you handle RMDs for missing participants in defined contribution plans?
Salary Deferral Limits in Defined Contribution Plans
The 2018 contribution limit for salary deferrals is $18,500 and includes both pre-tax and after-tax Roth deferrals. This limit is aggregated across plans.
How to Submit a Federal Withholding Tax Deposit
Although you cannot mail a check for a federal withholding tax deposit, there are a few options to submit these payments to the IRS electronically.
Unbundled Services in a Defined Benefit Plan
Unbundled services in a defined benefit plan mean the various functions are performed by separate entities, which presents advantages for employers.
Why an Unbundled TPA is Better for a Defined Contribution Plan
Having one provider might seem like an effective and cost-saving solution, but having an unbundled TPA is better for several reasons.
Defined Benefit Plan Termination Procedure
There are many reasons a company may terminate the plan, but specific steps must be followed for the defined benefit plan termination procedure.
Reducing Risk in Your Pension Plan: Lump Sum Payments to Former Employees
Have you considered offering lump sums to former employee participants as a step toward reducing pension risk and expense?
Defined Contribution Plan Termination Procedure
There are various reasons a company decides to terminate their defined contribution retirement plan, but specific steps must be followed.
Changes To The 402(f) Special Tax Notice
The 402(f) Special Tax Notice was revised as a result of the tax reform legislation known as the “Tax Cuts and Jobs Act.”