Planning to Retire? Here Are Some Dates To Remember
You may or may not know your retirement date, or whether you intend to retire early or continue working as long as you can.
Benefit Plans
Tax Consequences of Divorce: Part 2 – Retirement Benefits, Investments, and Business Use Property
As mentioned above property transfers between spouses as part of divorce decree or separation agreement are tax-free however, disposing of the property could have unintended tax .
Considerations for Companies Thinking about Offering a 401(k) Plan
This blog will explain the tax savings and other basic features associated with implementing a 401(k) for a company.
What Goes in the Denominator? Complying with the Allocation Rules for Distributions from Qualified Plans With After-Tax Accounts
Compliance starts with understanding. Understanding the rules set forth in Notice 2014-54 assisted us with the application of the rules in a situation in which a participant was entitled to take a distribution from his after-tax account only, in a qualified plan that provides and separately accounts for […]
Qualified Plan Distributions: IRS Issues Guidance on Allocation of After-Tax and Pretax Amounts
Lack of clarity causes frustration. The topic of how to properly allocate the pretax and after-tax amounts attributable to distributions from qualified plan accounts that include Roth 401(a) accounts or after-tax accounts has been a source of much debate in the retirement plan community.