ACG Blog

With the new year having just begun, our retirement plan clients are busily working on compiling the information we need to do their year-end calculations. One of the most critical pieces of data we need is compensation paid to each employee for the ...

Suppose someone works at a company, participates in the 401(k) plan, leaves the company for a number of years, and then is rehired. Does the employee re-enter the 401(k) right away, or does he need to wait a period of time like a brand new employee w...

When an employee leaves a small company, the expectation is that he will withdraw his 401(k) money at the same time. While former employees of larger companies often leave their 401(k) money in the plan until retirement, small companies have less tol...

Not everybody is familiar with precise definitions of pension terms like Highly Compensated Employee, but most of us would agree that someone with an annual salary of $500,000 sounds like an HCE. In most cases, we’d be right. But there is one instanc...

Recently, we wrote about the challenges of determining retirement plan compensation for owners of S Corporations. Today, we will take a look at how plan compensation for sole proprietors is determined. The task is a bit harder for sole proprietors th...

Do you remember any songs from nursery school? I remember one that went something like this: "It’s time, time, time. It’s tickety time to tell time. And if you didn’t know what time it was, You’d have the most horrible, simply deplorable Tickety-tock...

How much money do you make? How much did you make last year? For most of us, that is a fairly easy question. If you don’t know offhand, you can pull out a pay stub, tax return, or Form W-2 and get the answer.

Employers who sponsor defined benefit or cash balance plans may decide one day that the contribution requirements are too high or that they would prefer to provide retirement benefits through a 401(k) plan instead. In these cases, the companies might...