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James Esposito

Qualified Plans Consultant

Library » Cash Balance Plans for Owner-Only Businesses

March 03, 2021 | Financial Planning

There are over 26 million owner-only businesses in the nation today. Many of these businesses can benefit from substantially increased retirement savings through the use of cash balance or traditional defined benefit plans. In general, an owner-only business consists exclusively of owners, …

Library » Investing Cash Balance Plan Assets

September 13, 2020 | Retirement Plans

Cash Balance plans are the fastest growing segment of the qualified retirement plan marketplace. At the end of 2001, there were 1,477 Cash Balance plans in the United States, representing 3% of all Defined Benefit plans, while at the end of 2017 there were 18,698 (excluding single-participant …

James Esposito

Qualified Plans Consultant

Library » What is a Cash Balance Plan?

April 03, 2020 | Retirement Plans

Cash Balance Plans have been around for many years, but were fraught with controversy stemming from age-discrimination lawsuits brought against plan sponsors who converted their traditional Defined Benefit (DB) Plans to Cash Balance Plans. It was not until the passage of the Pension Protection …

Ethan McKenney, CFP®

Client Consultant

Financial Planning » Year-End Tax Planning Considerations

November 29, 2018 | Tax Planning

With the holidays upon us, now is the time to start thinking about year-end tax planning strategies. While tax reform may result in a lower overall tax bill for many, there are simple steps that could further reduce tax burdens. Below, we highlight some important strategies that are worth looking …

James Esposito

Qualified Plans Consultant

Library » Regulatory FAQs: Cash Balance Plans

October 27, 2018 | Retirement Plans

Cash balance pension plans are growing in popularity, but I don’t know much about them. How is a cash balance plan different from a traditional defined benefit pension plan? It’s best to start this discussion with an illustration. If you were given a choice between the following two pension …

Tom Lesko

Senior Wealth Management Consultant

Financial Planning » Qualified Charitable Distributions and the New Tax Law

March 13, 2018 | Tax Planning

The Tax Cuts and Jobs Act made sweeping changes to our tax laws when the bill was signed this past December. On January 1, the standard deduction – an amount that all tax filers can deduct from their income each tax year – was doubled to $12,000 for single filers and $24,000 for joint filers. The …

Markets & Economy » Tax Reform Implications

December 22, 2017 | Market Commentary

Congressional Republicans passed a sweeping overhaul of the U.S. tax code last week in what is the most significant change to tax policy in 31 years. The bill, titled The Tax Cuts and Jobs Act, was signed into law by President Trump this morning. One of the central goals of The Tax Cuts and …


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