Note: This article was published in 2015. The SECURE 2.0 Act of 2022 eliminated cost-of-living adjustments to PBGC variable-rate premium percentages. As such, some information in this article may be outdated. In the next few months, plans covered by ...
David J. Kupstas, FSA, EA, MSEA
Recent Posts
February
05
2015
Fidelity Investments reported that about 72,000 workers had amassed $1 million or more in their 401(k) retirement plans with Fidelity at the end of 2014. While higher-paid workers should have little problem accumulating a million dollars over a 30- o...
December
25
2014
Ho ho ho! We deliver to your stocking today a list of deadlines posted by the IRS. Some of these deadlines are as soon as December 31.
October
22
2014
The Social Security Administration has announced its cost-of-living adjustments for 2015. Retirees aren’t going to be too thrilled about the 1.7 percent increase in monthly benefits. This will be the fifth time in six years that the COLA is less than...
September
17
2014
“Americans Are Not Saving Enough for Retirement.” Have you ever seen a news story with that headline or something similar? Sure you have. Even casual followers of the news probably see it at least once a year. It’s a story that’s been around forever....
August
15
2014
You may remember the hit CBS television series Without a Trace from the previous decade. At the beginning of each episode, the FBI would learn of a person who had “gone missing.” Anthony LaPaglia’s character, Jack Malone, and his team of FBI special ...
May
23
2014
The IRS has released Rev. Proc. 2014-32 which establishes a temporary one-year pilot program for penalty relief for late filing of Form 5500-EZ.
April
08
2014
A recent article in The Wall Street Journal touted the virtues of defined benefit pension plans for self-employed individuals and small business owners in general. Defined contribution plans such as 401(k)s are sufficient for an owner looking to put ...