Ensure your company possesses the retirement plan enrollment processes, forms, standards, and records required to avoid costly penalties.
Retirement Plan Enrollment Best Practices
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Business Tips
The Importance of Maintaining Retirement Beneficiary Forms
It’s essential plan sponsors provide retirement beneficiary forms when enrolling a new employee in a retirement plan. Learn more on the Watkins Ross blog.
What Is a Top-Heavy Retirement Plan?
What is a top heavy retirement plan and which action steps must be taken to stay IRS-compliant? Learn more on the Watkins Ross blog.
Maintaining Retirement Plan and Participant Records: Who’s Responsible and for How Long?
Save your company time and money by maintaining complete records of your retirement plan and maintaining these records for the life of your plan.
Retirement Plan Compensation Considerations
Avoid retirement plan compensation definition miscalculations by following these simple steps from Watkins Ross’ experienced retirement plan actuaries.
Common Mistakes to Avoid in Your Employee Benefit Plan
Employee benefit plans are required to meet a number of requirements. In this article, we review the most common mistakes.
What Business Deductions Can I Take In 2020? Set Up a Retirement Plan!
The SECURE Act permits businesses to adopt a qualified retirement plan by the due date of the employer’s tax return, including extensions.
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?
Utilizing a Pre-Approved Plan
Many employers adopt a pre-approved plan for their employees’ retirement plan. Adopting a pre-approved plan means the IRS has already issued an opinion letter or advisory letter regarding the acceptability of the type of plan. There are different types of...
OPEB: Fast Facts & Planning Tips
The National Retirement Planning Coalition has designated April 11-15 as the 2016 National Retirement Planning week. In celebration, each day this week Watkins Ross will share some fast facts and planning tips on the various types of retirement plans we service....