Allocation of Plan Expenses

Allocation of Plan Expenses

Allocation of Plan Expenses A qualified retirement plan incurs a variety of administrative expenses throughout its existence. These include fees for establishment, annual valuations, government reporting requirements, the processing of loans and benefit distributions,...
Allocation of Plan Expenses

Owners of Multiple Businesses Beware!

Owners of Multiple Businesses Beware! Charlie Consultant is meeting with Vince to review the plan year end compliance testing and 5500 form for his computer company’s 401(k) plan. As they are saying their good-byes, Vince mentions that his vitamin company has...
Allocation of Plan Expenses

Defined Benefit Plans Under EGTRRA

Defined Benefit Plans Under EGTRRA Increased benefit and compensation limits included in the Economic Growth and Tax Relief Reconciliation Act (“EGTRRA”) as well as the downturn in investment markets have refocused attention on defined benefit plans as...
Allocation of Plan Expenses

Five Reasons to Sponsor a Qualified Plan

Five Reasons to Sponsor a Qualified Plan Despite negative publicity stemming from stock market losses and the Enron fiasco, qualified plans remain an integral part of any business operation. Recent tax law changes have made qualified plans more attractive by...