Profit Sharing Plan and Retroactive Amendment
As a follow-up to last month’s blog on the benefits of retroactively establishing a profit-sharing plan, the Secure Act 2.0 also gives retirement plan sponsors the ability to retroactively amend […]
Tax Planning and Profit Sharing Plan
If you’re a business owner looking to save for retirement while also reducing your taxable income, adding a profit-sharing component to an employer retirement plan could be an attractive option. […]
Secure Act 2.0
The Secure Act 2.0 is poised to be signed into law with the goal of promoting retirement security among Americans. The bill contains dozens of provisions that will impact various […]
Retirement Plan Solutions to Address the Tight Labor Market
Employers who face staffing challenges in the current worker-driven labor market are implementing innovative retirement plan solutions to help them recruit new candidates and retain experienced personnel. Over the past […]
Three Major Differences Between a Broker and Fiduciary Plan Sponsor
For plan sponsors, managing a 401(k) plan can be complex and time consuming. Some plan sponsors hire outside advisors to help the plan stay compliant with the various IRS and […]
The DOL’s Compliance Assistance Release No. 2022-01 401(k) Plan Investments in “Cryptocurrencies”
As plan advisors, we’ve had increasing questions from plan sponsors and committees about the availability and merits of Crypto backed investment options. With their release last week, the DOL has […]
Tax Planning Opportunities Through Proper Retirement Plan Design
Many business owners, principals, and executives are not aware of the tremendous personal and corporate tax benefits that can be achieved through the proper retirement plan design. Most retirement plans […]
End-of-Year Reminders for Companies with Retirement Plans
As 2021 draws to a close and everyone begins preparing for a new year, employers with qualified retirement plans should review several factors that could affect their plans before moving […]
Innovative Investment Fiduciaries Receives CEFEX Certification for 3rd Consecutive Year
Over the years, we have worked hard to earn a trusted reputation, which is why we are honored to announce our certification renewal with CEFEX, the Centre for Fiduciary Excellence, […]
Benefits of a CEFEX Certified Advisor
Benefits of a CEFEX Certified Advisor A CEFEX (Centre for Fiduciary Excellence) certified advisory firm adheres to a standard representing the best practices in their industry. They abide by a […]
