• HSA vs 401(k) – Do you and your employees know the difference?
    June 26, 2018 - If your company has decided to offer a high deductible health plan, don’t worry, you are not alone. Recent studies show that an increasing number of employers have elected to offer high deductible health plans (HDHP) either to completely replace or be offered in conjunction with a more traditional Health Maintenance Organization (HMO)plan or Preferred Provider Organization (PPO) plan. When sponsoring an HDHP, employers typically offer their employees... Continue
  • Who is an Employee?
    June 19, 2018 - Maintaining a retirement plan for your employees is no easy task. At various points during the year, employers and HR departments field participant questions, help with enrollments, deliver notices and statements, and participate in the distribution process. However, an additional responsibility, and one of the most important, is the collection of data that is used for compliance testing and government reporting. Though all these duties... Continue
  • Cash Balance Opportunities under the Tax Cuts and Jobs (TCJA) of 2017
    June 12, 2018 - Wait a minute, shouldn’t an article about the tax benefits of Cash Balance Plans be written after yet another round of tax increases?  The Act says “Tax Cuts” right in the title! Some Taxpayers Not Eligible for Pass Through Deductions A major tax reduction strategy of TCJA was to provide some businesses with pass through income (Qualified Business Income (QBI)) deductions.  TCJA allows a deduction of... Continue
  • The Retirement Advantage Announces Jeffrey Schreiber as New Director of Sales
    June 5, 2018 - The Retirement Advantage, Inc. (TRA), an industry-leading national retirement services company is proud to announce the hiring of Jeffrey Schreiber as their Director of Sales, reporting to Matt Schoneman, President and Partner of TRA. Schreiber is responsible for leading the firm’s 18-person sales team, which partners with financial advisors, wealth managers and recordkeeping wholesalers nationwide to design and implement optimal retirement plans for businesses of... Continue

Consider TRA's 3(16) Fiduciary Services & Plan Administration

To alleviate the day-to-day administrative burdens of yours or your clients retirement plans.