…to defined benefit plans in 2018. In addition, many plans have increased the company match in their 401(k)s. Both contributions and matches may be diminished in 2019 as the tax advantage of front-ended employer contributions becomes less beneficial. On the policy side, higher budget deficits…
…relief to closed defined benefit plans that met specified conditions, was also not included. Many of the other changes included in the new law revolve around taxes, which of course will have an impact on participants’ retirement strategies as well. These include: Individual tax cuts,…
…brackets on investments at current levels (20%, 15% and 0%).1 On its surface, there should be relatively little impact of these proposals on the economics of retirement savings. Tax deferral via defined benefit plans and 401(k) provides a superior means of accumulating wealth for retirement….
…Expands the definition of permissible distributions from retirement plans Increases plan loan limits Temporarily Waives Required Minimum Distribution Rules (RMDs) for calendar year 2020 Provides Funding Relief for Defined Benefit Plans Join us as we provide a summary of the changes impacting the retirement industry….
…retirement plan is based on the fact that most employers no longer offer defined benefit plans – e.g. pensions. Instead, the onus is now on plan participants to take the bull by the horns and put a little more time and effort into managing their…
…want to accomplish these things without market risk, then you need to step onto a path long established but under-utilized by today’s business owners. That is the path of a fully insured tax-qualified retirement plan. This guide explores fully insured defined benefit plans, the large…
Explore fully insured defined benefit plans, the large tax-deductible contributions and substantial guaranteed benefits they can provide, along with reducing the tax on those funds when they are distributed in the future….
…Significant changes and revisions which may be beneficial to plan sponsors, participants and the retirement plan community. Highlights include: Overpayment correction options: Expanded correction principles to allow plan sponsors to fix operational failures when plan participants or beneficiaries receive payments from defined benefit plans that…
…expected to decline to 72 million, this year. Millennials are generally defined as being tech-savvy, family-centric and achievement- and team-oriented. They have also been characterized as caring about such socioeconomic factors as protecting the environment, supporting world peace via NATO, and basically making the world…
Part of our training series for financial advisors, this webinar will provide information on Cash Balance plans and who are good candidates for this type of defined benefit plan.
Part of our training series for financial advisors, this webinar will discuss different types of defined contribution plans, with a focus on 401k plans.
“What’s involved in creating a sound selection and monitoring process of investments for defined contribution plans? Let us share our expertise and guide you through the process. Highlights of the talk will include: Investment Philosophy Investment Process and Approach Investment Policy Statement Monitoring and Review…