by Paul Fennell | Jan 27, 2021 | Uncategorized
This is a heading The Tax Cuts and Jobs Act, passed in December 2017, includes a new deduction for owners of pass-through businesses. When a pass-through business adopts a retirement plan, contributions into that plan generally reduce the owner’s preliminary household...
by Paul Fennell | Jan 18, 2021 | Employer Videos, Employers
Download the Action Doc CORONAVIRUS-RELATED DISTRIBUTIONS (CRD) A plan participant may take a coronavirus-related distribution (CRD) of up to $100,000 any time in calendar year 2020 based on any of these events: A participant, participant’s spouse or dependent is...
by Paul Fennell | Dec 21, 2020 | 401(k) Technical Resources, Advisor Articles, Advisors, Employers, JULY Products and Services, Tools and Technology
There is a wealth of opportunity on the small business 401(k) space. Nearly 90% of US businesses have fewer than 20 employees1. And with state-mandated retirement plan coverage for small businesses a growing trend, building these plans into your practice today will...
by Paul Fennell | Dec 15, 2020 | Employee Articles, Employees, Enrollment, Saving
Have you thought about your retirement plan contributions lately? If your contribution is automatically deducted from your paycheck, you might not think about it too often. But periodically revisiting the amount you’re contributing can be a smart move. Consider...
by Paul Fennell | Dec 15, 2020 | 401(k) Fiduciary Compliance, Employee Articles, Employees, Saving
Winter is a great time of year to review your retirement account. For one thing, it’s tax season. So you’re already thinking about money. Plus, life is generally less hectic in winter. Before the pace picks up, spend some quality time with your 401(k). Check the Big...
