Topic Archive: Defined Benefit

The 2018 Retirement Plan Contribution Limits Are Here

DWC | 10/19/17

The IRS has released the 2018 contribution limits! Since not everyone was awaiting them quite as eagerly as we were, here is a quick summary.

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Easy Peasy Lemon Squeezy…Not When It Comes To Retirement Plans

Adam C. Pozek | 02/20/11

Qualified plans are complicated beasts regardless of size or design.  This truth is sometimes forgotten at this time of year when sponsors and service-providers are busy dealing with nondiscrimination testing and contribution calculations.  I've many situations in which a plan sponsor decided to skip testing for a year, because their plan was so easy there was no way it could fail.  Similarly, I've seen service-providers decide to skip the critical peer review step in their process, because nothing could possibly have been missed on such an easy plan.

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The Plan Document – More Like Guidelines or Actual Rules?

Adam C. Pozek | 03/30/10

As the EGTRRA restatement window closes for pre-approved DC plans and begins to open for pre-approved DB plans, I thought I would pontificate on the importance of the plan document. Qualified plans are required to be maintained pursuant to a written plan document.  Operating the plan inconsistent with terms in that document is an operational failure that can threaten a plan’s qualified status.

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