Saving for retirement is an important issue facing employers and employees alike. With Social Security's long-term viability in question, employees must be actively involved in creating their own retirement nest egg. One of the best ways an employee ...
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Form 5500: The Role Of The Accountant And The Audit Report
What is an accountant's role in your annual return/report (Form 5500)? Conventional wisdom says that accountants or auditors have an integral role to play in the preparation of the annual report for employee benefit plans, from both a financial and a ...
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Third Party Administrator Agreements: What To Include
Once you've gone through all the trouble and expense of figuring out what types of retirement plan administration services you require and the specific type of TPA that will best meet those needs, you need to have a clear and comprehensive written ...
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Mishandling And Backdating ERISA Benefit Plans: Crime And Punishment
Most of our readers know that various penalties may be imposed for failure to file returns or information statements on a timely basis with either the IRS or the Department of Labor (DOL), the principal regulators of retirement and welfare benefit ...
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The Value Enhanced Pension Practitioner: From Good To Great In Six Steps
The training and development of contract service providers and pension consultants usually includes a heavy emphasis on checklists, testing, compliance calendars and the satisfaction of various filing or disclosure deadlines. However, as this article ...
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Office Expense-Sharing Arrangements And Your Retirement Plan!
Potential benefit problems in connection with expense-sharing arrangements…
This article highlights some of the risks and potential problems for the retirement plans (and other employee benefits) of professionals who participate in invalid or ...
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