Personal Defined Benefit Plan Rules: The #1 Design
A “personal defined benefit plan” usually refers to a defined benefit plan designed primarily for …
Should a Revocable Trust be the Beneficiary of a 401(k) or IRA? Key Considerations
Naming a trust as a retirement plan beneficiary is becoming more and more common. However, …
Tax Drag: How Does it Work with Traditional and Roth IRAs?
Tax drag is the reduction in investment returns caused by ongoing taxes. It occurs when …
Backdoor Roth IRA: The Ultimate Guide
A backdoor Roth IRA helps high earners fund Roth accounts. It bypasses income limits on …
Transferring Your Defined Benefit Plan to a New TPA: A Transition Guide
Changing your Third-Party Administrator (TPA) for your defined benefit or cash balance plan can be …
Why Companies with Employees Must Have a 401(k) Plan with a Cash Balance Plan
Cash balance plans come with a complex set of rules. Often, clients ask: If I …