3-01-2010 - Pending Document Amendment Deadlines Missteps Can Be Costly

3-01-2010 - EFAST-2 And The “Owners Only” Plan

2-01-2010 - New “EFAST2” Requirements Require Computer Access

2-01-2010 - New Requirements For Code Section 403(b) Retirement Plans

1-01-2010 - Silence Is Not Always Golden: Required Advance ERISA 204(h) Notice To Pension Plan Participants

1-01-2010 - Some Reminders For 2010

1-01-2010 - NRS Data Portal To Open In 2010

1-01-2010 - EFAST-2 / Electronic Filing Of Form 5500

12-01-2009 - Many Things To Keep In Mind For End Of 2009 And A Peek At 2010

11-01-2009 - Calendar Year 2009 Year End Reminders

11-01-2009 - IRS Ends Confusion Over 2009 Suspension Of Required Minimum Distributions

11-01-2009 - More Flexibility For Defined Benefit Plan Funding

10-01-2009 - Obama Administration Enters Retirement Plan Arena

10-01-2009 - Amnesty Deadline For Reporting Foreign Investments Extended

9-01-2009 - Everyone's Going Digital (and Other Year End Deadlines)

8-01-2009 - Pending Celestial Lineup? ROTH IRA Rollover Income Limit Eliminated For 2010

8-01-2009 - PPA Plan Document Amendments Needed Soon

7-01-2009 - New Required Amendments For Certain Pension Plans: Normal Retirement Age Too Low?

6-01-2009 - Hardship Distributions: Sometimes You Need Some of The Money Before You Retire

6-01-2009 - Update: Treasury Department Issues Proposed Regulations Relaxing Rules For Reducing or Stopping 401(k) Safe Harbor Contributions

6-01-2009 - Pension Benefit Guaranty Corporation (“PBGC”) Recants: Modifies Stance on Employer Reporting Quarterly Funding Contributions

5-01-2009 - Important Considerations When Reducing or Stopping 401(k) Plan Safe Harbor Contributions Mid-Year

5-01-2009 - Quarterly Funding of Pension Plan Obligations

4-01-2009 - Accelerated Vesting: Partial Plan Terminations

3-01-2009 - Divorces Can Get Messy: What Happens When A Participant Dies After A Divorce?

Economic Growth and Tax Relief Reconciliation Act (EGTRRA) Presents New Planning Opportunities for Employers

The Economic Growth and Tax Relief Reconciliation Act (EGTRRA) and other recent legislation increase the retirement saving and tax planning opportunities for business owners and their employees. Most notably, EGTRRA increases several of the dollar limits applicable to qualified retirement plans, such as the annual additions limitation ($40,000 for 2002), 401(k) deferral limit ($11,000 in 2002, then increasing by $1,000 each year until it reaches $15,000) and the maximum considered compensation, which jumps from $170,000 to $200,000 in 2002. The interplay of these higher limits with other available planning strategies offers many opportunities for re-designing an employer's retirement plans. Just click on the topics below to read about some exciting features that may be available to your company.

12-04-01 - Increased Profit Sharing Deduction Limits Makes Some Money Purchase Pension Plans Unnecessary

12-04-01 - 401(k) Plans Can Offer Additional ("Catch-up") Contributions for Participants Age 50 and Older

12-04-01 - Adding the "Safe Harbor" Feature to a 401(k) Plan Eliminates ADP Testing

12-04-01 - New Planning Opportunities for Contributing to Defined Benefit Plans (Even Frozen Plans)

12-04-01 - Don't Forget to Claim the Tax Credit for Fees and Costs of New Plans

12-04-01 - New IRS Minimum Distribution Rules Permit Lower Mandatory Distributions at 70 ½