When it comes to depositing employer contributions into qualified retirement plans, we are often asked what the deadline is for making these contributions. Believe it or not, that is not an easy question to answer. I suppose one way to look at it is ...
January
09
2019
What Is a Cash Balance Plan?
Posted by David J. Kupstas, FSA, EA, MSEA
in defined contribution, combo plan, defined benefit
with No Comments
Our firm provides third party administrative services for both defined benefit (DB) and defined contribution (DC) plans. There is a type of plan called “cash balance” that sort of falls in between. While they are technically DB plans, they have some ...
November
14
2018
It is generally the case that the more compensation one earns, the bigger the contributions and benefits he may receive from a qualified retirement plan. The limits on salary deferrals in 401(k) plans, annual additions in defined contribution plans, ...
September
19
2018
I took a call recently from an employee participating in a defined benefit pension plan that is being terminated. As part of the plan termination, the employee had been offered a lump sum buyout. He could take either a monthly pension or a single lum...
August
22
2018
You might be aware that if the due date for a tax return occurs on a weekend or holiday, that due date is moved to the next business day. This has happened a couple of times in recent years with the dreaded April 15 due date for personal tax returns ...
June
20
2018
This is the second in a two-part series about deductible contribution limits to qualified retirement plans. The first part last week covered the limits to defined contribution plans. The tax-deductibility of qualified retirement plan contributions is...