by Jeremy Rickson | Nov 28, 2012 | Employee Benefits & Executive Compensation
Redesign Your Retirement Plan in the Wake of Market Losses: Mixing the Good with the Bad By Randall W. Cook SAALFELD GRIGGS PC In today’s volatile stock market, more and more employers are becoming increasingly preoccupied with their retirement plan’s investment...
by Jeremy Rickson | Nov 28, 2012 | Employee Benefits & Executive Compensation
Pension and Individual Retirement Account Implications of EGTRRA The “Economic Growth and Tax Relief Reconciliation Act of 2001” (EGTRRA) was passed by Congress on May 26, 2001 and signed into law by President Bush on June 7, 2001. This legislation will affect...
by Jeremy Rickson | Nov 28, 2012 | Employee Benefits & Executive Compensation
Nonqualified Deferred Compensation: You Haven’t Dropped the Ball…Yet Sit back, relax — at least for a few more months. Around this time last year, new Internal Revenue Code Section 409A was enacted, making several major changes to deferred...
by Jeremy Rickson | Nov 28, 2012 | Employee Benefits & Executive Compensation
The Roth 401 (k) Plan As of 2006, retirement plan sponsors can add Roth 401(k) features to their retirement plans, allowing plan participants to make after-tax deferrals out of their wages. Unlike conventional 401(k) deferrals, which grow tax deferred until...
by Jeremy Rickson | Nov 28, 2012 | Employee Benefits & Executive Compensation
New DOL Regulations Impose Significant Obligations on Retirement Plan Fiduciaries By Randall W. Cook SAALFELD GRIGGS PC The U.S. Department of Labor recently issued final regulations that impose new and significant legal obligations on fiduciaries to retirement plans...
by Jeremy Rickson | Nov 28, 2012 | Employee Benefits & Executive Compensation
Making Your Retirement Plan Pay for Itself By Christine M. Moehl and Randall W. Cook SAALFELD GRIGGS PC A well-run retirement plan can provide employers with many advantages, including a current tax deduction for contributions to the plan, a mechanism by which to...