by Greg Snyder | Jun 30, 2021 | Advisor Articles, Advisors, Employer Articles, Employers, Fact Sheets
Defined Benefit Plans can provide large benefits to highly compensated employees and business owners, including the ability to fund for large retirement benefits on a pre-tax basis in a relatively short period of time. How Do Defined Benefit Plans Work? Benefit vs....
by Greg Snyder | Jun 30, 2021 | Advisor Articles, Advisors, Cash Balance, Cash Balance Article, Employee Articles, Employees, Employer Articles, Employers, Fact Sheets
Cash Balance Plans are a great design for employers seeking to fund much larger contributions than permitted under a 401k and Profit Sharing Plan. How Do Cash Balance Plans Work? Type of Defined Benefit Plan – Cash Balance Plans are a type of Defined Benefit...
by Greg Snyder | Jun 30, 2021 | Advisor Articles, Advisors, Employer Articles, Employers, Fact Sheets
New Comparability plans maximize retirement benefits for Highly-Compensated Employees and owners. How Do These Plans Work? New Comparability Plans allow employers to make a separate contribution for different groups of employees. Groups can be created for Owners,...
by Greg Snyder | Jun 30, 2021 | Advisor Articles, Advisors, Employer Articles, Employers, Fact Sheets
Profit Sharing Plans can be designed as an employee benefit where contributions are allocated to participants in proportion to salary, or they can be designed to primarily benefit business owners, highly compensated employees, or older participants. All contributions...
by Greg Snyder | Jun 29, 2021 | Advisor Articles, Advisors, Employer Articles, Employers, Fact Sheets
Safe Harbor 401k Plans are designed to permit business owners and other Highly Compensated Employees to contribute larger amounts from their salaries than might be possible in a traditional 401k Plan. How Much Can I Contribute? Employees can contribute whatever could...
