by newwatkinsross | Mar 11, 2021 | Retirement Plans
What Business Deductions Can I Take in 2020? Set Up a Retirement Plan! Despite the pandemic, many small businesses saw profits in 2020. As they begin calculating their final tax liability, they now realize that their liability exceeds expectations. They ask themselves...
by newwatkinsross | Nov 19, 2020 | 401(K) Plans, Retirement Plans
The SECURE Act and Part-Time Employees If your plan requires employees to work 1,000 hours in a 12-month period to become eligible, you’ll soon need to start watching hours more closely. Having this 1,000-hour rule generally excludes those employees who work...
by Mishelle Becker, QKA, Retirement Plan Administrator | May 20, 2019 | Retirement Plans
Review Your Retirement Plan How often do you review your retirement plan? Plan errors can be costly and time-consuming, so the best way to avoid long-running errors is to periodically review the plan to ensure it’s operating in compliance. As the plan...
by Kim Trathen, Sales and Marketing Coordinator | Mar 28, 2019 | Defined Benefit Plans, Defined Contribution Plans, Retirement Plans
2019 IRS Operational Compliance List Attention qualified retirement plan sponsors: The IRS has posted the 2019 IRS Operational Compliance List. The intent is to assist plan sponsors in being aware of compliance changes effective in the upcoming year with regard to...
by Mishelle Becker, QKA, Retirement Plan Administrator | Feb 19, 2019 | 401(K) Plans, 403(B) Plans, 457 Plans, Cash Balance Plans, Defined Benefit Plans, Defined Contribution Plans, Employee Stock Ownership Plans, Profit Sharing Plans, Retirement Plans
Who Retains The Beneficiary Forms? Beneficiary designation forms are used to determine who is entitled to the defined contribution retirement plan benefits upon the death of a participant. While participants complete these forms upon entering a plan, it’s often...
by Kim Trathen, Sales and Marketing Coordinator | Feb 13, 2019 | Defined Benefit Plans, Retirement Plans
2019 Defined Benefit Plan Compliance Calendar It’s that time of year again to look ahead and think about the annual requirements for your qualified plan! Since a qualified retirement plan must meet various requirements throughout the year to retain the qualified...
