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Wegesin, president, jmw consulting, inc As expected (and promised), president obama has vetoed congress’ resolution that would have nullified the labor department’s fiduciary regulation. This webcast will address the 2015 form 5500 and the potential minefields it contains, as well as how asppa worked to temper the irs approach
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The solo 401(k) is less expensive to administer than a sep In the first few months of the covid outbreak, the firm reported on a relatively small percentage of retirement plans that had stopped making contributions altogether due to business interruptions The maximum deductible contribution in the solo 401(k) is 25% of compensation plus deferrals
The solo 401(k) can recognize compensation that is greater than the irc §401(a)(17) compensation limit
The solo 401(k) plan is always exempt from form 5500 filing requirements. After the 180 day transition period expires, such 2009 and 2010 plan year filings should be due no earlier than the due date, with extensions, for filing the related plan’s 2010 form 5500 series report.1 Many kids and parents face a dilemma as they grapple with paying for college while trying to simultaneously save for retirement, according to two new studies. But the good news doesn’t stop there.
American society of pension professionals & actuaries (asppa) is a national nonprofit org for retirement plan professionals focused on education & advocacy.
