by Taylor Brown | Mar 19, 2026 | Case Studies
This law firm wanted to implement a cash balance plan to maximize tax deductions for the founding partners and give larger contributions to the junior partners using an advanced profit sharing design. We worked with the firm to maximize each founding partner’s profit...
by Taylor Brown | Mar 19, 2026 | Case Studies
In this case, the junior partner was looking to buy out the senior partner in a Medical Practice. The HCEs in this medical practice were the Partners and their spouses. HCEs include employees that have at least 5% ownership in the company during the current plan year...
by Taylor Brown | Mar 19, 2026 | Case Studies
This business owner had delayed saving for retirement and was looking to maximize retirement contributions for himself having not contributed significantly for retirement in prior years. In this advanced profit sharing plan design, the employer contributions were...
by Marketing | Nov 16, 2019 | News and Articles
On Sept. 23, the IRS published a final rule that relaxes several existing restrictions on participant hardship distributions from defined contribution plans. Some of these changes are mandatory, requiring employers to make the changes by Jan. 1, 2020, while others are...
by Marketing | Nov 11, 2019 | News and Articles
Being the bearer of bad news isn’t fun. When the third-party administration firm relays that aspects of the annual compliance testing have failed causing many of the company’s executives to receive taxable distributions from the plan, it isn’t a great day for the HR...
