Search Results

We have found 104 results matching your search query.

401(k)s and Student Loans – A Good Match?

…that will soon introduce a like program. Weyden’s bill would make student loan benefit programs available to all 401(k) and other defined contribution plan sponsors. His proposal would allow an employer to make matching contributions to its tax-qualified retirement plan for employees making qualifying loan…

Not So PEPpy? Think Group of Plans

…or unrelated – to file a single Form 5500 for multiple defined contribution plans – again, to help cut down costs and receive higher levels of service. The plans making up the GoP must have the same trustee, administrator, fiduciaries, investments and plan year in…

401(k)s and Student Loans – A Good Match?

…that will soon introduce a like program. Weyden’s bill would make student loan benefit programs available to all 401(k) and other defined contribution plan sponsors. His proposal would allow an employer to make matching contributions to its tax-qualified retirement plan for employees making qualifying loan…

Rapid Pace of Legislation in 2020 Could Be Eclipsed by This Year’s

…about retirement. Those include protecting and strengthening “Medicare as we know it”; preserving and strengthening Social Security (“the bedrock of American retirement”); equalizing tax benefits of defined contribution plans; and providing help for older workers who want to keep working. When – and whether –…

Some Thoughts on the US National Debt

…(or surpluses) are defined as the US federal government’s receipts less expenditures. Given that in most years the US has run deficits which have largely been aimed to stimulate the economy (i.e. increased spending, tax cuts), running up debt has been a necessary by-product of…

A Look at What the Biden-Sanders Task Force Report Means for Retirement

…There, among other items, he argued for equalizing those incentives in defined contribution (DC) plans for middle-class workers, ostensibly to bring them closer in line with upper-income families who currently receive a stronger tax break for saving. The ”Plan for Older Americans” also calls for…

Everyone Into the Pool? Not So Fast…

…which information is correct.” Comments on the proposed regulations are due on or before October 1, 2020. The DOL expects that about 3,200 firms will apply to become PPPs: “Recordkeepers and plan administrators of existing defined contribution plans are most likely to enter the market,”…

Form 5500 in 2021: What We Know Now

…head into 2021 with the pandemic still in effect – we must assume, for the present, that the important dates for 2020 will remain in place next year. Therefore: April 30: The deadline for sponsors of single and multi-employer defined benefit pension plans to send…

A To-Do List for Retirement Planning This Year

…responsibility to a dependable, proven company can free up time and help protect both plan sponsors and their organizations from litigation. Keep in mind other sources of retirement income. Besides 401(k) plans and IRAs, defined benefit (pension) plans, employee stock-ownership plans, and of course Social…

Pensions, Retirement and Markets: Five Questions for 2020

…June to 1.24% in December. While defined benefit pension plans generally suffered declines in their funded ratios due to the fall in longer term interest rates, the recent stabilization in rates, along with the market rally, have helped stem the drop in their funded status….

What Is A Section 79 Plan?

…usually defined by how much insurance the business owner wants for him or herself. Everyone will be offered the same multiple of salary. Option 1, permanent insurance, will produce the largest reportable economic benefit added to the taxable income of the employee, Option 2 will…