This article explains the unique characteristics of a cash balance pension plan and its suitability for use by professional groups where the owner-professionals are already maxing out their contributions under a defined contribution plan.
As a ...
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Retirement Plans Blog
You Need To Determine If Your 403(b) Arrangement Is Subject To ERISA, And If It Is – What To Do About It
For some 501(c)(3) organizations, the appealing thing about allowing employees to participate in a 403(b) arrangement has been the minimal employer involvement and the fact that the plan can be operated on a "non-ERISA" basis. That is, the 403(b) ...
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Unused Leave Or PTO Cash-Outs And Tax Problems For Employees: Can They Have Their Cake And Eat It Too?
A number of employers, particularly public agencies, allow their employees to accumulate significant amounts of paid time off, vacation or paid leave (collectively PTO). This article alerts employers to certain practices and policies regarding the ...
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Pension Investing: A Bird’s Eye View, Part I
Most retirement plan fiduciaries (either the trustees or the persons responsible for making plan investment decisions) get lost in a forest of competing investment choices, pursued by a pack of financial "advisors" who have the "best" way to invest ...
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Ready-To-Wear – Some Distinctions Between “Customized” And “Off-The-Rack” Benefit Plans
Employee benefit plans - both retirement plans and welfare plans - like clothes, come in all shapes and sizes. While some plan sponsors have their plans "custom tailored" by their employee benefits attorneys and pension consultants, many companies ...
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A Step Beyond ERISA SECTION 404 (C): Improving On The Participant Directed 401(K) Investment Model
Improving on the participant-directed 401(k) investment model...
Introduction
Much of the retirement plan community has been focused for over a decade on participant-directed 401(k) plans. As competition for 401(k) plan business has intensified ...
[Read more] about A Step Beyond ERISA SECTION 404 (C): Improving On The Participant Directed 401(K) Investment Model