Portable benefits are employee perks in an employer-sponsored plan that can transfer to a new employer or an individual leaving the workforce, covering health and retirement plans.

Once upon a time, many workers didn’t need to worry about how they would spread 401(k) savings across their retirement years. Instead, they participated in a defined-benefit pension plan. Employers ...

Cheers if you already have the best retirement plan for your business. If not check out the tax benefits of a cash balance pension plan. As we enter tax season, you may wonder what else you can do to ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. If you’re like most business owners, the long-term ...

Choosing the right health insurance plan for your child requires more than comparing premiums. Parents must evaluate coverage ...

A KSOP combines an employee stock ownership plan (ESOP) with a 401(k), offering a unique retirement solution from employers.

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

A letter from the Employee Benefit Plan Audit Quality Center addresses nondisclosure agreements and recommends actions that auditors can take to avoid running afoul of legal, regulatory, or ...

Cassie is a former deputy editor who collaborated with teams around the world while living in the beautiful hills of Kentucky. Focusing on bringing growth to small businesses, she is passionate about ...

The Elective Deferral Limit is the maximum contribution that can be made on a pre-tax basis to a 401(k) or 403(b) plan (Internal Revenue Code section 402(g)(1)). Some still refer to this as the $7,000 ...

Each year, RIT is required by law to make Summary Annual Reports (SARs) available to its benefit plan participants. The report provides information on the benefits we have reported to the Federal ...

The 2023 Survivor Benefit Plan open season is upon us. It has made me think a lot about this important program that allows retirees to protect up to 55% of their retirement income for their loved ones ...