Feb 16, 2013 | Cash Balance Plans, defined benefit plans
The Moving Ahead for Progress in the 21st Century (MAP-21) Act allows sponsors of defined benefit pension plans to decrease required contributions over the next several years. The new law changes the interest rate used for funding to be based upon rates over a 25...
Jul 14, 2012 | 401k Plans, IRA (Individual Retirement Accounts), Roth 401k
When thinking of retirement, most workers (and their employers) probably associate the name “Roth” with the letters “IRA.” After all, the Roth IRA has been around since the 1998 tax year and has been widely embraced by many individuals seeking...