Making the Other Half Whole

When entering into a relationship such as marriage, there are immediate changes in one’s life. One of those is, of course, the requirement to consent.

What the Heck is a QNEC?

You may have asked yourself the title question after hearing ‘QNEC’ or ‘QMAC’ in a discussion related to ADP/ACP testing.

What Statute of Limitations?

Many of our retirement plan clients who receive a letter from the IRS indicating their plan is the lucky winner of the “You’ve Been Selected” contest […]

2013 Plan Limits

The 2013 plan limits were just released. Below is a chart that outlines the recently announced cost-of-living adjustments affecting retirement plans:

Be Wary of Hard-To-Value Investments in Self-Directed Brokerage Accounts

Posted by Michelle J. Cross, CPA A court recently fined a plan sponsor over $35 million for breach of fiduciary trust by causing employees to pay excessive fees in their 401(k) accounts. You may be thinking to yourself, “Wow, they must have been stealing from the plan!” They weren’t. But they did do something wrong…they selected a more expensive mutual … Continued

Fair Value Measurements and Disclosures – ASU 2010-06

Posted by Chris Ciminera Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” Another certainty that comes to mind is change, specifically, changes to the Financial Accounting Standards Board (FASB) Accounting Standards. Every year, accountants’ inboxes are inundated with various Accounting Standards Updates (or ASUs for short). These ASUs quickly become … Continued