ACG Blog

When you first think about it, the idea of a Simplified Employee Pension (SEP) plan seems appealing. Qualified retirement plans like 401(k)s can be complicated and confusing. With a SEP, you don’t need to hire a Third Party Administrator, there are n...

I am registered to attend the national Enrolled Actuaries Meeting in April. I have missed this annual conference only once since 1997. Unfortunately, a friend that has been there with me every time will not be joining me this year and may never again...

In the qualified retirement plan world, there are limits on how much money may be contributed to a plan by an individual or a company. There is also a cap on the wages that may be taken into account for an employee in determining contributions and be...

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 As such, some information in this article may be outdated. At an industry conference in Washington, ...

The stock market has taken a beating recently. Over the four business days from August 20-25, the Dow Jones Industrial Average fell by 354.63, 530.94, 588.40, and 204.91 points, respectively – a decline of 9.68% in all. Whether you are a personal or ...

Think of a 75-year-old. Maybe it’s you, maybe it’s someone in your parents’ or grandparents’ generation. Let’s call the 75-year-old “Pat.” Imagine that Pat is receiving a steady payment of, say, $1,000 per month from a pension plan. These payments wi...

If you are considering setting up a 401(k) plan for 2015, you may not have as much time as you think. October 1st is the deadline for implementing a safe harbor 401(k) plan this year. Safe harbor design – whether a match or nonelective contribution –...

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 As such, some information in this article may be outdated.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 ...

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.

The IRS has issued final regulations for hybrid retirement plans, such as cash balance plans, that clarify and add flexibility about how an employer credits interest in such plans. The final regulations clarify the definition of "market rate of retur...