With state mandated retirement plans becoming a reality in many of the states with legal cannabis operations, we evaluate the state-administered plans with the benefits of a 401(k) plan.
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.
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.
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.
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.
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.
According to the Employee Retirement Income Security Act of 1974, or ERISA, no employer is required to establish a retirement plan. But there are different requirements related to offering a retirement plan depending on the state your company is based in.
While virtually all states with legal cannabis programs now require cannabis companies to offer their employees retirement plans, each state has its own process and timeline for satisfying these requirements.
Are you in your 60’s, 50’s, or even 40’s and beginning to think about retiring? Here are five essential late-retirement-planning tips that address both your financial and personal well-being before and during retirement.