A pooled employer plan is a cost-effective plan which allows multiple employers to reside under the same retirement plan. Learn the benefits and restrictions of pooled employer plans to determine if this plan type is right for you.
AVoluntary Correction Program (VCP) submission is a way for an employer or plan representative to voluntarily disclose issues with the retirement plan. Learn how to submit, modify, request an extention, and more.
The Internal Revenue Service (IRS) is reminding taxpayers that the next couple of weeks are the busiest time of year for IRS calls. While many questions can be answered through their website, we have compiled a list of common questions and our answers to help you file your taxes quickly and accurately.
Tax season is stressful. While we cannot guarantee your stress to melt away, theInternal Revenue Service (IRS) provides information to make things a little easier for employees and business owners. These resources are free to the public and are must-reads for anyone involved with a company-sponsored retirement plan.
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 health of the dollar. This is a serious issue, and it is hard to predict how far and for how long this will damage the economy. As of now, keep in touch with the movement of the stock market, but more importantly, check in with a qualified financial advisor to ensure you position yourself with your best interests in mind.
Each retirement plan is built for different purposes and offer varying advantages. We explore SEP, SIMPLE, and 401(k) plans to see which is right for your business.
There are many options when it comes to 401(k) investment. This article examines many popular investment opportunities typically used by 401(k) providers so you can evaluate which ones are right for you.
Using the IRS code to your advantage can allow you to deduct taxes on certain items, investments, and more. These four tax shelters can help you get started.
Learn the ins and outs of estate tax, the difference between estate and inheritance tax, what assets are subject to estate tax, and how to minimize your estate taxes.
10 states and 2 cities have implemented retirement mandates. However, companies can choose between the state-administered program or a qualifying plan. What is deemed a qualified plan varies from state to state. This article provides in-depth information on qualifying plan requirements for states and cities with retirement plan mandates.
Retirement years should bring happiness and relaxation to your life. You are free of financial obligations and family responsibilities. Work stress is behind you, and you can look forward to vacations and spending the money you have saved all your life.
The IRS has released new guidelines for the 2022 Contribution Limits for company-sponsored retirement plans and they’ve increased! If you’re not sure what they are, Leading Retirement Solutions has you covered.
State mandated retirement plans are soon being implemented for several states. Several others are right behind. Implementation will take several years based on the amount of employees the company employs.
The Employee Retention Credit was a landmark bill that passed in the US during the pandemic. But since it passed, there have been a number of revisions and alterations. Here are the main changes.
As of September 2021, four states with legal recreational or medical cannabis programs—Oregon, California, Illinois, and Maryland—require companies to adopt retirement plans. Seven other states with legal cannabis are in the process of adopting similar mandates.
Estate planning is just as essential as everything else on your to-do list. In this guide, we cover a brief overview of estate planning, why it is necessary, and what makes getting started now easier than ever before.
