• ASK THE EXPERTS – A Look Back, A Look Ahead
    November 30, 2021 - Matt Schoneman, President of The Retirement Advantage, Inc. (TRA), shares his perspective on the retirement industry in 2021 — and looks to what’s ahead for the industry in 2022. Continue
  • CASE OF THE WEEK – 2021 Qualified Charitable Distributions from IRAs
    November 24, 2021 - The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 changed the age for taking requirement minimum distributions (RMDs) to age 72.  Did it also change the age for making Qualified Charitable Distributions (QCDs)? Continue
    November 23, 2021 - Question: Over the past couple of years, some of our retirement-age employees have opted to continue working. While their expertise and experience are invaluable, it has resulted in some unplanned challenges for our organization. Do you know if this is part of a growing trend? Answer: It is somewhat of a growing trend and understandable if it catches many plan sponsors by surprise. Consider the... Continue
  • CASE OF THE WEEK – Privacy Notices and Retirement Plans
    November 18, 2021 - By Jenny Kiffmeyer, J.D – The Retirement Learning Center Privacy Notices and Retirement Plans ERISA consultants at the Retirement Learning Center (RLC) Resource Desk regularly receive calls from financial advisors on a broad array of technical topics related to IRAs, qualified retirement plans and other types of retirement savings and income plans, including nonqualified plans, stock options, and Social Security and Medicare.  We bring Case... Continue
  • ASK THE EXPERTS – Grow Your Cash Balance Plan Business
    November 16, 2021 - In this interview on Cash Balance Plans, Actuary John Markley dispels some misconceptions that even the most experienced financial advisors have about this important and expanding segment of the retirement market — and shares some surprising Cash Balance Plan success stories from advisors partnering with The Retirement Advantage, Inc. (TRA). What is (are) the biggest misconception(s) you find that even the most experienced advisors have... Continue
  • CASE OF THE WEEK – Establishing a Solo 401(k) under the New Rules
    November 11, 2021 - For self-employed individuals and their tax advisors, there are several special considerations with respect to setting up and contributing to solo 401(k) plans, including, but not limited to, the deadline for establishing a 401(k) plan, the deadline for making a salary deferral election, and the owner’s compensation for contribution purposes. Continue
  • ASK THE EXPERTS – How to Get Started Selling Cash Balance Plans
    November 10, 2021 -  Interview Conducted by Roberta Hess of Princeton Marketing In an exclusive pair of interviews, Actuary John Markley provides his insights on Cash Balance Plans — an important and rapidly expanding segment of the retirement market. In this interview, John shares important tips for financial advisors new to Cash Balance Plans, including the invaluable resources provided by The Retirement Advantage, Inc. (TRA). For financial advisors new... Continue
  • IRS announces 2022 Contribution Limits
    November 4, 2021 - The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from $19,500 for 2021 and 2020. The IRS today also issued technical guidance regarding all of the cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2022 Continue
  • CASE OF THE WEEK – “Disregarded Entities,” 403(b)s and 457s
    November 3, 2021 - In most cases, if a 403(b) sponsor has a subsidiary or other affiliate; it, too, must be an eligible employer, on its own, in order to allow its employees to participate in the 403(b) plan. There is an exception for certain disregarded entities. Employees of a disregarded entity are treated as employees of the entity sponsoring the 403(b), and must be allowed to make elective deferrals in order to satisfy the universal availability rule. Continue
  • ASK THE EXPERTS – Charlie Pritzl | Director of Plan Administration
    November 2, 2021 - In an exclusive interview, Charlie Pritzl, Director of Plan Administration at The Retirement Advantage, Inc. (TRA), talks about how sponsors and advisors can make the most of their relationships with TRA. Continue

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