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In Plan Perfect, retirement plans fall into one of two categories: Defined Contribution Plans and Defined Benefit Pension Plans. Defined…
A recurring question that comes up each year is how much can I contribute to a retirement plan?
When it comes to 401(k) plan administration and payroll, they don’t have much to do with each other beyond salary deferrals
A TPA’s responsibilities include, most importantly, retirement plan design, as well as record keeping, yearly testing to gauge a plan’s compliance with Internal Revenue Service’s (IRS) non-discrimination rules and participant contribution limits, and preparing annual returns and reports required by the IRS.
Open Architecture plans are the ideal solution for employers who want the freedom to customize their 401(k) or other retirement plan with the investment choices and features they desire.
