Joné E. Liuzza, ERPA, QPA, QKA

Joné E. Liuzza, ERPA, QPA, QKA Director of TPA Services

Recent Posts

March 20 2019

Considerations Before Excluding Bonuses in 401(k)

During the implementation a 401(k) plan, a retirement plan consultant sits with the plan sponsor and explains the various plan design options. There is a lot of flexibility offered, but some provisions carry a level of risk that is greater than other...

December 12 2018

What’s the Big Change with 401(k) Hardships?

On February 9, 2018, the Bipartisan Budget Act of 2018 was passed into law, which ended the government shutdown by raising the debt ceiling for the next two years. Sandwiched deep within were changes to rules that govern hardship distributions in 401...

October 10 2018

Participant Loans: Are They Right for Your Plan?

There was a time when a good friend convinced me to go with a car lease instead of a purchase. I never had leased a car, but she pointed out all of the great reasons why leasing was better. I ran out and leased a high-end SUV for three years. When my...

April 04 2018

How to Avoid 401(k) Administration Mistakes

Here’s a public service announcement for all plan sponsors of 401(k)s.  Remember the quote from "Jerry Maguire," “Help me help you?”  It’s been 22 years since that movie, but it still holds true today. Third party administrators (TPAs) are the people...

September 27 2017

What You Need to Know Before Adopting a 401(k) Plan

The beauty of a 401(k) plan is the flexibility it offers. As a business owner, your main priority may be to offer a 401(k) plan to attract top talent. Or you may want to have a 401(k) plan to reduce taxes by offering a match or a profit-sharing compo...

July 19 2017

5 Reasons Why You Need to Revisit Your 401(k) Plan Design

Are you guilty of having a 401(k) plan but can’t remember plan design or investment menu? If you answered yes, you are not alone. Many plan sponsors let their plan run on autopilot once it’s up and running, but it may be time to rethink your position...

September 29 2016

Could Your Company Benefit From a Cross-Tested Retirement Plan?

It’s not uncommon for business owners to want to contribute more money to their own retirement accounts and those of selected employees than they do to the rest of their employees. Similarly, companies sometimes want to contribute more to older emplo...

August 31 2016

10 Tips for Plan Sponsors to get 401(k) Plan Ready for Year-End

Is it my imagination or do we get busier as the fall months come and go at an accelerated pace? Oftentimes, our hectic schedules result in a “priorities first” business model and our 401(k) plan gets put on the back burner.  Here are 10 tips for plan...

June 20 2016

Ten Guidelines for 401(k) Loans

 If your 401(k) plan allows participant loans, here are 10 rules that will keep you out of trouble and in good graces with the IRS and Department of Labor:

January 28 2016

Recordkeeper & TPA…Just Like Peas & Carrots

ADP.  ACP.  402(g).  Safe harbor.  Cross-tested.  404(a)(5).  Top-heavy.  TPA.  410(b).  CPA.  415.  ERISA.  404.  IRS.  DOL.  Blackout notice.   Revenue sharing.  5500.  QDIA.