In other articles, we have gone to great lengths to explain the importance of determining who the "employer" is for employee benefit purposes (The Aggregation of Employers and Employees . . . What You Don't Know Can Hurt You; The Aggregation of ...
[Read more] about Controlled Group Rules: Yours…Mine…Ours?
Retirement Plans Blog
Professionals Can ‘Cash In’ With Cash Balance Plans
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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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 ...
[Read more] about Unused Leave Or PTO Cash-Outs And Tax Problems For Employees: Can They Have Their Cake And Eat It Too?
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 ...
[Read more] about Ready-To-Wear – Some Distinctions Between “Customized” And “Off-The-Rack” Benefit Plans