ACG Blog

Note: This article was published in 2015. The SECURE 2.0 Act of 2022 made changes to the rules relating to an employer's ability to rely on an employee's self-certification of the need for a hardship distribution. As such, some information in this ar...

Late in 2014, the IRS posted an article on its website about how long retirement plan records should be kept. With eager anticipation, I clicked on the article and found that it said…not much.

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 As such, some information in this article may be outdated.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

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...

In President Obama’s year-end press conference, he stated that he did not think it was fair for certain corporations to pay less in taxes than others just because they have a better attorney or accountant. By that logic, one may conclude that because...

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...

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...

“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....

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 ...