LRS 
State Mandated Retirement Plans: What is a Qualified Plan?
As of June 2023, 11 states and 2 cities are planning to institute mandated retirement programs. While companies can choose to opt out of …
How Will Inflation Affect Your Retirement?
While curbing the effects of inflation has a short-term negative effect on the stock market, not doing so would have serious consequences for the …
What Are the Best Tax Reduction Strategies?
What is a Tax Reduction Strategy? A tax reduction strategy is a tool to reduce or eliminate taxes. While taxes are inevitable, using tax reduction strategies can help reduce and …
Tax Deductions for Cannabis Companies
The US Tax Code and the cannabis industry are not always on the same page, since cannabis restrictions vary widely across the country. While …
How to Get a Copy of IRS Form 5500 for Your Company’s Retirement Plan
First, check with the third-party administrator (TPA) or your investment provider for your plan as this will be the easiest option. Otherwise, you can …
Everything You Need To Know About Form 5500
Form 5500 season is upon us, which means many businesses are scrambling to determine their filing deadline and figure out what information needs to …
What You Need to Know About Removing Money Before Retirement
Is it possible to take distributions from my retirement account before retirement age (59 ½) penalty-free? What Is the IRS 72(t) Substantially Equal Periodic …
How to Get a Loan in Retirement
Written by Taylor McKnight KEY TAKEAWAYS Retirement is a huge milestone in anyone’s life. There are so many changes once you retire, including your …
Are ROBS Plans Cost-effective?
Key Takeaways ROBS plans allow for entrepreneurial investment through retirement funds without early withdrawal penalties The price of a ROBS plan is determined by …
2023 IRS Contribution Maximums
The IRS has released new guidelines for the 2023 Contribution Maximums for company-sponsored retirement plans and they’ve increased! If you’re not sure what they are, Leading Retirement Solutions has …