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IRS Lists Eleven Major Mistakes for 401(k) Plans 

January 22, 2018

IRS Lists Eleven Major Mistakes for 401(k) Plans 

To assist employers with plan compliance, the Internal Revenue Service (IRS) recently released information detailing common 401(k) plan mistakes. Why eleven and not ten. Well, it’s the government so don’t ask.

In this guidance, the IRS provides a summary of the eleven errors as well as information regarding how to identify each issue and correction methods to use. 

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The Best-Kept Secret For Professionals

January 19, 2018

The Best-Kept Secret For Professionals

Right on the heels of a making profit in your practice or company comes a retirement plan. The most common is a Simplified Employee Pension Plan more commonly known as a SEP. Companies with more than two or three employees usually opt for a 401(k) profit Sharing combination. Professionals and executives not satisfied with the government limitation of $59,000 on these plans can now save $200,000 or more a year.

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Big Surprise! New Tax Law Leaves Retirement Plans Primarily Unscathed!

January 9, 2018

Big Surprise! New Tax Law Leaves Retirement Plans Primarily Unscathed!

The new tax law passed recently surprised many of us involved in the creation of retirement plans, as only a few changes apply or will actually affect retirement plans in the end. This was a bit of a pleasant shock because when it comes to government debt reduction, retirement plans have always been firmly on the chopping block. 

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When financial and wealth advisors need to put together complex pension and retirement plans for clients, they rely on Benefit Equity Inc., the ultimate specialist in its field.

November 17, 2017

When financial and wealth advisors need to put together complex pension and retirement plans for clients, they rely on Benefit Equity Inc., the ultimate specialist in its field.

Benefit Equity Inc. is considered by industry experts as one of the leading firms in its space. That acknowledgment comes from the knowledge and experience of the company, led by Gorelick, who mastered the business from his uncle, Robert H. Gorelick, the CEO and Chairman of the firm.

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Benefit Equity, Inc. 4th Annual Golf Classic Raises $4,400 for the Council on Aging of Southern California

November 6, 2017

Benefit Equity, Inc. 4th Annual Golf Classic Raises $4,400 for the Council on Aging of Southern California

Local retirement administration firm Benefit Equity, Inc., recently raised $4,400 for Orange County’s Council on Aging with its 4th Annual Golf Classic, held on Nov. 3rd 2017 at the Tustin Ranch Golf Club.

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