8-01-08 - Section 403(b) Plans vs. Section 401(k) Plans

7-01-08 - Participant Notices Automatic Enrollment And Safe Harbors

7-01-08 - Good News For Defined Benefit Plan Sponsors

6-01-08 - Retirement Plan Changes: Documentation Timing Can Be Crucial

5-01-08 - Exciting Changes In Store For Retirement Plan Sponsors And Their Eligible Employees

5-01-08 - Code 415 Final Regulations Amendment

5-01-08 - EGTRRA Restatements And The Six Year Document Cycle

5-01-08 - And Don't Forget The PPA Amendment

5-01-08 - Opportunities Available

4-01-08 - How Long A Delay Is Too Long? DOL Guidance Proposes Better Answers

4-01-08 - Defined Benefit Plans Introduced To AFTAP

3-01-08 - U.S. Supreme Court Decsion Opens Up 401(k) Plans To Individual Lawsuits Concerning Fiduciary Misconduct (Larue v. DeWolff, Boberg)

2-01-08 - Look Ma, No Trust: Should Aa Employer“Trust” SEP Or Simple-IRA Plans?

2-01-08 - SEPs

2-01-08 - Selecting The Right Plan

1-01-08 - 401(k) Deferral Feature: More Than “Icing” On A “Deduction Cake”

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