Archive: 401(k) plans

  • Clear Filters

New IRA Distribution Rule

As we rang in 2020,  the Setting Every Community Up for Retirement Enhancement Act of 2019, also known as the SECURE Act went into effect, enacting a number of major changes to IRA and 401(k) retirement plans. From an estate planning perspective, perhaps the most significant change under the SECURE Act is the mandate requiring plan […]

New Private Foundation Tax Rate

The new year has brought us the Setting Every Community Up for Retirement Enhancement Act of 2019, referred to as the SECURE Act, which contains a number of significant changes to IRA and 401(k) retirement plans.    Changes include: Repeal of maximum age at which traditional IRA contributions can be made An increase to age […]

Significant Retirement Changes under the SECURE ACT

As 2019 came to a close, the president signed into law the SECURE Act, which stands for “Setting Every Community Up for Retirement Enhancement.” The law, which took full effect on January 1, 2020 with the exception of just a handful of provisions, stands for more than just a catchy acronym—the SECURE Act could have […]

401(k) Plans: Don’t Overlook Your Company’s Multi-Million Dollar Investment

Even though it is often overlooked by plan sponsors, a 401(k) plan is one of the most important assets to your company because it pertains to the retirement welfare of your employees. 401(k) plan assets are not considered an asset to the company itself. They are never recorded as an asset on your company financial […]