Oct 21, 2021 | Retirement Plans
The type of organization that you work for can determine the retirement plan options available to you. For example, a small business will be more limited on the amount of funds that they are able to contribute to an employee’s retirement so they may pick a plan that...
Sep 30, 2021 | Retirement Plans
Is your company thinking about switching retirement plans to a cash balance plan? Are you considering switching your own retirement savings plan to a cash balance plan? If yes to either of these questions then it is important to understand the pros and cons of a cash...
Aug 18, 2021 | Retirement Plans
When it comes to retirement plans, each plan can fall into two basic categories: defined benefit plans or defined contribution plans. Within each category, there are subcategories of plans, each with its own features and unique benefits. There are also hybrid plans...
Jul 14, 2021 | Retirement Plans
There are many different options when it comes to funding your retirement. Some of those options are available through your workplace, while others you can save yourself. Deciding which plan is right for you can be stressful. Whether you go through your employer or...
Apr 15, 2021 | Plan Sponsors, Retirement Plans
Plan sponsors across the country are preparing for the Cycle 3 restatement set forth by the IRS. A restatement is a rewrite of retirement plan documents to include recent legislative and regulatory changes that occurred since the last restatement. The IRS requires...
Feb 18, 2021 | Government Regulation, Retirement Plans
As part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act, a $325 billion title has been assigned to the Paycheck Protection Program or PPP. The PPP loan program’s purpose is to assist businesses with hardships surrounding the...
