What is a Highly Compensated Employee (HCE) in Retirement Plans?
Retirement plans are designed to help both business owners and employees save for the future …
What is the Gateway Test? Cross-Testing Retirement Plans
One of the most powerful retirement plan structures is a combination of a profit-sharing 401(k) …
Cash Balance Plan Options When Multiple Businesses Merge
We deal with many solo business owners. But sometimes business owners merge their businesses for …
Testing Requirements When Combining a Cash Balance Plan with a 401(k) Plan
Combining a cash balance plan with a 401(k) plan can be one of the most …
Why is a Cash Balance Plan Called a ‘Hybrid’ Retirement Plan?
A cash balance plan is often referred to as a hybrid retirement plan because it …
Why the 31% Rule Works Well for Younger Sole Proprietor Business Owners
Cash balance plans and 401(k) profit-sharing plans offer tremendous flexibility for sole proprietors. Two key …