Is a cash balance plan a good fit as a retirement plan for a doctor's office with ten employees?

Karen founded a successful architecture firm and now wants to focus on saving money on taxes AND saving more for her and her employees' retirement. Is a cash balance plan a good fit for them?

Fall is in the air and we are officially creeping towards the end of the year. If you are a business owner or a partner, this is typically the time of year when your retirement plan crosses your mind. Whether you need a minor tweak or a major overhaul, your retirement plan strategy is worth a review before the end of the year to make sure you are doing all you can to meet the needs of your own retirement, your employee’s needs, and your company’s objectives.

If you are a business owner and haven’t heard of a cash balance plan before…you’ll want to keep reading to find out if you can save a small fortune in taxes AND ramp up your retirement funds.

President Trump last week nominated Eugene Scalia to head the DOL following Secretary Acosta's resignation. Scalia was instrumental in the first version of the rule's defeat last year. He was the lead counsel for SIFMA and the body of trade groups that defeated the rule. On June 5, 2019, the 4-member Securities and Exchange Commission voted to approve the "Reg BI Package."

Passion led us to create a "better" 403(b) retirement option for employees in the non-profit and charter school sectors.

Fred Reish is a highly esteemed and well-respected ERISA attorney who focuses on fiduciary responsibility, retirement income, and plan operational issues. He has written a series of Best Practice articles for plan sponsors and advisors.

In case you are tasked with administering your company's 401(k) plan, along with all of your other duties, we were wondering if a few thoughts about 401(k) audits might be helpful. Whether your plan is currently required to do an audit or not, it may be in the future. So let's look at some of the basics.

Does your 401(k) plan utilize a fee payment system known as revenue sharing? Whether you are a plan participant or especially if you are a plan sponsor, you should know. If you are a plan sponsor, you are required to know as a plan fiduciary.