Search Results

We have found 88 results matching your search query.

A Tale of Two Businesses

…Machining had established a defined benefit plan when Don was 45. The plan funded retirement benefits and all the plan contributions were deductible on his business tax return. At age 67 Don is able to take a lump sum payment of $2.3 million from his…

Portfolio Rebalancing in the Recent Market Environment

…exposure to sudden market downturns? A well-known form of adjustment is known as rebalancing. Rebalancing can be defined as reducing the percentage of the portfolio in the higher performing asset class and increasing the percentage in the underperforming asset class. Rebalancing can be done either…

The Federal Government May Be Getting Serious About Retirement – Finally

…private benefit programs and ensure our current and future generations have the tools necessary to plan for retirement.” “We must work to address the shortcomings that have resulted from the shift from defined benefit pensions to defined contribution plans like 401(k)s,” Booker added. “This bill…

What is Non-Discrimination Testing?

…If an employer sponsors more than one qualified retirement plan the contributions for each plan must be aggregated to determine the total contributions for the year. WHAT ARE THE 415 LIMITATIONS FOR DEFINED CONTRIBUTION PLANS? The plan is usually defined as the sum of: Employer…

Executive Benefit And Director Plans 101

BENEFIT EQUALIZATION PLANS (BEPs) Benefit equalization plans restore retirement plan benefits lost due to the various limits placed on IRS qualified plans. A BEP can “correct” the plan salary limit, the defined benefit plan maximum benefit limit, and various defined contribution plan limits including maximum…

The Coming “Lifetime Income Solution” Revolution

…stock of your assets — Social Security, an old defined benefit (pension) plan, an IRA, a personal savings account — the value of a LIS may quickly become self-evident. Because the amount of an individual’s 401(k) and other retirement savings accounts depends to some extent…

Can Pension Plans Help the Economy?

A blog by Frederic Slade, CFA, Assistant Vice President and Senior Director, Investments, Pentegra Retirement Services – October 17, 2016 Much of the discussion surrounding U.S. Defined Benefit (DB) pension plans1 has centered upon plan level funding issues-discount rates, liabilities, contribution requirements and participant income…

Supporting a Bill for Forming a Federal Retirement Commission

…Labor, Commerce, two presidential appointees, six U.S. Senate appointees, and six U.S. House of Representatives appointees. The commission will be charged with: A comprehensive review of private benefit programs existing in the United States, with a particular focus on moving from defined benefit to defined

The SECURE Act Has Finally Passed – What Does It Mean? (Part One)

plans will be at risk of losing future benefits, 1,400 religiously affiliated organizations will be at risk of losing access to their defined contribution retirement plans, and more than 18,000 children and spouses of fallen service members will continue to be economically disadvantaged by unfair…

The SECURE Act Has Finally Passed – What Does It Mean? (Part Two)

…not have taxable income because their only compensation comes from “difficulty of care” payments that are exempt from taxation. As a result, they cannot save for retirement in a defined contribution plan or Individual Retirement Account (IRA). Under the new law, however, home health care…