by Alexandra Walker | Mar 19, 2024 | Uncategorized
Employers can enjoy the luck of the Irish this St. Patrick’s Day by setting up a qualified retirement plan for their business. Establishing a retirement plan can provide both employers and employees with significant advantages and prospects, much like discovering a...
by Alexandra Walker | Feb 13, 2024 | Uncategorized
It’s February, which means that Spring Baseball is just around the corner! However, it also means it’s Tax Season, and many business owners may be looking for additional deductions. Did you know that a Cash Balance Pension Plan may be valuable for business...
by Alexandra Walker | Jan 25, 2024 | Uncategorized
Cash Balance Plans have gained popularity as a powerful retirement savings tool, blending features of traditional pensions and 401(k) plans. However, despite their merits, there are several misconceptions surrounding these plans that might hinder potential adopters...
by Alexandra Walker | Oct 24, 2023 | Uncategorized
There are several important tasks for each employer who sponsors a 401(k) plan to consider during the fall season including: Review Plan Documents: Carefully review your plan documents, including the plan’s summary plan description (SPD), to ensure they...
by Alexandra Walker | Sep 20, 2023 | Uncategorized
There are two types of Defined Benefit plans, Traditional Pension plans, and increasingly popular Cash Balance Pension plans. Traditional Pension plans have long been regarded as a pillar of financial security in retirement. However, the complexity of these plans...
by Alexandra Walker | Aug 8, 2023 | Uncategorized
As a business owner, deciding whether to add a Cash Balance Plan alongside your existing 401(k) requires careful consideration of various factors. Here are some key points to help you make an informed decision: Retirement Goals: Consider your personal retirement goals...
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