Category Archives: Qualified Retirement Plans

IRS Announces 2018 Retirement Plan and IRA Contribution Limits

Click here to view our handy reference chart that provides you with the annual limits for both retirement plans and IRAs. Many of the limits have increased, allowing for additional saving opportunities in 2018. One limit that you will definitely want to take note of is the 401(k) deferral increase to $18,500.

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The cost-of-living adjustments for various retirement plan limitations that will take effect on January 1, 2012

The Internal Revenue Service recently released the cost-of-living adjustments for various retirement plan limitations that will take effect on January 1, 2012. For the first time in three years there are increases in some of the  limits. The 2011 and 2012 limits compare as follows:

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Safe harbor 401(k) options for small businesses

Traditional 401(k) plans permit employees to defer up to $16,500 per year, plus there is a $5,500 catch-up provision for employees age 50 and older. The only problem with traditional 401(k) plans is the higher wage earners are sometimes limited because of the average deferral percentage (ADP) test from deferring at this level.  In plans […]

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Savings Enhancement by Alleviating Leakage in 401(k) Savings Act (SEAL)

Leave it to the Senate to come up with a name like the Savings Enhancement by Alleviating Leakage in 401(k) Savings Act which has, as its acronym, SEAL. What’s next, the PENGUIN (PENsion GUidance for INdividuals) Act?  Come on, seriously? If you have any interest in reading about SEAL, check out http://bit.ly/kWmPsj.

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States Mull Shift in Worker Pensions – March 1, 2011 WSJ post

It was only a matter of time.  After all, defined benefit pension plans long ago went the way of the 8-track tape (for GenY readers, the Compact Disc) in the private sector. The following article in today’s WSJ is an excellent read, citing trends in the states to mitigate the issues the states are faced […]

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