Blog - Retirement Plans
The SECURE Act: What it Means for Retirement Planning
A bill that comprehensively reshapes the realm of employer-sponsored retirement plans for employers and employees alike has been passed into law. The bipartisan Setting Every Community Up for Retirement Enhancement (SECURE) Act—originally introduced in April 2019—was signed into law by President Trump on December 20, 2019. We are still expecting additional guidance to be provided on several of the provisions of the SECURE Act, but below is a summary of what we know today. Read more...
Legislative Update: New Federal Action on Retirement Plans
In order to encourage retirement savings, members of the US Senate and House of Representatives have drafted legislation aimed at reforming some aspects of current retirement plan regulations. This article contains a description of bills that are currently being evaluated. Read more...
New Comparabilty Plans: Add-on Feature Can Help You Save More
With changes due to Tax Reform, business owners may find that their overall taxes are going down, providing an opportunity to take that windfall and strategically evaluate creative retirement plan designs with tax benefits for saving. A New Comparability Plan is one potential option to consider. Read more...
Two Retirement Plan Options with Potential Benefits for Owners & Key Employees
Safe Harbor 401(k) and Cash Balance Plans are two options that may allow company owners and key employees to save more for retirement. Read more...