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...
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...
Nov 28, 2012 | Employee Benefits & Executive Compensation
Jump Start Your 401 (k) Plan with Auto Enrollment By Randall W. Cook SAALFELD GRIGGS PC Although 401(k) plans serve as hugely popular savings vehicles for millions of Americans each year, studies show that less than half of all eligible employees across the nation...
Nov 28, 2012 | Employee Benefits & Executive Compensation
It’s Time to Amend Your Retirement Plan By Randall W. Cook SAALFELD GRIGGS PC As we reported in an earlier issue of Business Briefs, Congress recently enacted several new laws affecting all retirement plans. Most of the new laws, which came under the umbrella of...
Nov 28, 2012 | Employee Benefits & Executive Compensation
Is Your Retirement Plan Ready for the New 401 (k) Regulations? The Internal Revenue Service (IRS) recently issued final regulations governing retirement plans that allow salary deferrals and/or matching contributions. These regulations are the first set of...
Nov 28, 2012 | Employee Benefits & Executive Compensation
Health Savings Accounts Help Curb Insurance Costs By Randall W. Cook SAALFELD GRIGGS PC As health insurance costs continue to skyrocket, many employers are exploring alternatives to traditional, 100% employer-funded group health insurance plans. For many, the solution...