A “gotcha” can happen to small plans – those exempt from filing a Form 5500 for a certain year. To qualify, a plan must be both (a) entitled to use… read more →
Trends are a fact of life any more, and the pace of change continues to accelerate. Whether fashion, music, or technology, being a trend setter seems to bring rewards. On… read more →
The IRS means business on plan compliance. Each year we take over the administration of a handful of retirement plans with significant compliance issues. Here is a sampling from just… read more →
The Principal Financial Well-Being Index for the third quarter of 2013 contains some interesting information about small to medium businesses. It was conducted nationwide during the first three weeks of… read more →
A common misconception is that defined benefit plans have become obsolete. Consider a statement from my fellow actuary, Mike Clark (Contingencies, Sep/Oct 2012, p. 42): “It’s been said that the… read more →
September is the end of the third quarter for employers whose fiscal year is the calendar year. We receive requests for new plans throughout the year, but it always spikes… read more →
Divorces are a reality of life these days in many families. The good news is that only 3.6 out of 1,000 population end in divorce, on the average. But if… read more →