by Ileana Bravo | Jul 6, 2015 | Newsletter
July 2015 Newsletter Introduction Setting the Stage The Defined Benefit Component Eligibility Crediting Interest Contributions Top Heavy Minimums Limits on Tax Deductions Flexibility Funding Requirements Conclusion Although not a new design,...
by Ileana Bravo | Jun 1, 2015 | Newsletter
June 2015 Newsletter Introduction Lease or Purchase Defined Benefit (DB) Plan Defined Contribution (DC) Plan The Car Lot Compact or Full Size? One-Car Garage Eligibility Employee Deferrals Matching Contributions Profit Sharing Contributions Vesting Loans and...
by Ileana Bravo | Aug 5, 2014 | Newsletter
August 2014 Newsletter Introduction Do you have copies of all the plan documents and records? Are you properly insured as a plan sponsor? Do you timely distribute required documents, notices and educational retirement fund materials to your employees? Are you...
by Ileana Bravo | Apr 2, 2014 | Newsletter
April 2014 Newsletter Introduction Background Tried it but didn’t like it Tried it, like it, but want to make a few changes Forfeitures…be careful when and how you use them Oops! Forgot to provide the safe harbor notice! Conclusion The safe harbor 401(k)...
by Ileana Bravo | Aug 7, 2013 | Newsletter
As the national economy continues its recovery, more and more businesses are beginning to see their financial situations improve to near pre-recession levels. Companies that have not thought about making profit sharing contributions for years are starting to consider...
by Ileana Bravo | May 31, 2013 | Newsletter
In today’s business climate, it seems it is becoming increasingly common for businesses of all sizes to be structured using multiple companies. Maybe a business person is pursuing multiple ventures with different groups of co-owners. Perhaps a company decides to...
