Source: Accounting-Degree.org
The Retirement Plan Blog
Helping get your retirement plan from where it is now to where it needs to be
The Retirement Plan Blog, published by National Benefit Services, Inc., focuses on retirement plan compliance, legislative updates, and practical guidance for employers and plan sponsors. It covers topics such as required pension plan restatements, implications of major retirement legislation like SECURE 2.0, transitioning from SIMPLE IRAs to 401(k) plans, and strategies to improve plan success including deferral rates. The blog also addresses IRS deadlines, correction programs for missed compliance, and operational considerations for various retirement plan types. It aims to clarify complex regulatory requirements and assist fiduciaries in managing retirement plans effectively.
Latest from The Retirement Plan Blog - Page 14
SEP: The Procrastinators Pension Plan
By Jerry Kalish
Every year about this time, as we get closer to tax filing time, I get a few calls from those business owners who couldn’t quite get around to setting up a retirement plan before the end of the year. They…
Retirement plan beneficiary designations shouldn’t be one and done
By Jerry Kalish
What did Amy Winehouse, Jimi Hendrix, Heath Ledger, and Whitney Houston have in common?
No. not just being in the celebrity spotlight, but rather, estate planning done wrong or not at all.
You can add one more celebrity to the…
Automatic Enrolment in the United Kingdom: Lessons for the United States
By Jerry Kalish
England and America are two countries separated by a common language.
–George Bernard Shaw
It’s not just the language that separates us and the British. It’s our attitude towards automatic enrollment in retirement savings plans.
Spelling aside, automatic enrolment has…
The Venn of the New Business Environment
By Jerry Kalish
Source: If I Had A Hammer, Thomas Friedman, New York Times Op Ed
Independent Contractors and the Power of Myth
By Jerry Kalish
One of the Top Ten Great Urban Myths is that Albert Einstein failed math in school about which he replied:
I never failed in mathematics,” he replied. Before I was fifteen I had mastered differential and integral calculus.
The myth,…
The Impact of Peer Pressure on Workplace Ethics
By Jerry Kalish
When we think about lying, cheating, and stealing in the workplace, we may think it’s always bad people doing bad things. But sometimes good people lose their moral compasses because of peer pressure.
That was the conclusion of the recent…
Roth 401(k) In-Plan Conversions: Where Are We Now?
By Jerry Kalish
It’s been almost 10 months since Roth 401(k) in-plan conversions were added as part of the American Taxpayer Relief Act of 2012. After an initial flurry of media attention and a slew of industry publications, there hasn’t been much attention…
The Impact of the Supreme Court Same-Sex Marriage Decision on Retirement Plans: The Cliff Notes Version
By Jerry Kalish
If you’re anywhere near a retirement plan, you have probably received a ton of emails from law firms and 401(k) providers on the recent Supreme Court decision involving same-sex marriages. With the caveat that I’m not an attorney, here’s my…
“Reasonable Compensation”: A Matter of Perspective Between S Corporation Shareholders and the Internal Revenue Service
By Jerry Kalish
