If you sponsor a 401(k) plan and utilize a pre-approved document, such as a prototype plan document, you may have recently received an updated plan adoption agreement from your plan vendor for your ...
Beyond COVID-19’s devastating impact on public health is its second order effects on the U.S. and world economy. Businesses of all sizes need to trim costs. An obvious place to start is with ...
Verizon Communications Inc., New York, made a discretionary contribution to its pension plans of $1 billion in the first quarter, company spokesman Robert A. Varettoni said in an email. The company ...
Editor’s Note: The SECURE Act, enacted December 20, 2019, has eliminated the annual safe harbor notice to participants of their rights and obligations for 401(k) safe harbor plans in the case of ...
The SEP IRA is a great starter plan for a small business because it is easy to set up and maintain. Also, it provides funding flexibility with discretionary contributions. But sometimes, a small ...
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