As the year-end approaches, it offers a strategic opportunity for individuals to review their wealth and estate planning strategies. This is the perfect time to reflect on your financial objectives ...

What Are the Features of a Defined Benefit Plan? A defined benefit plan guarantees retirement benefits for an employee. Some of the features include: Employer sponsored: The employer funds and manages ...

Long-term part-time employees: Although there is no amendment required to single employer retirement plan documents by December 31, 2023, there are operational requirements that you will need to ...

Editor’s Note: The SECURE Act made changes that make it easier for certain sponsors of closed defined benefit plans to satisfy their nondiscrimination testing requirements. 1 See below for details.

More and more retirees are being taxed on Social Security benefits. Legislative changes over the decade have shaped the age of receipt, amount of benefits and taxation over the decades, meaning many ...

Not only do the majority of Americans not have a will, but most people would be more willing to create one if their employer aided the process, LegalShield’s Aug. 8 report on estate planning revealed.