Rev up retirement offerings with an NQDC plan
Many business owners and executives would like to save more money for retirement than they’re allowed to sock away in their 401(k) plan. For 2017, the annual elective deferral contribution limit for a 401(k) is just $18,000, or $24,000 if you’re 50 … [Read more...]
2017 – 08/31 – 4 reasons not to borrow from your 401(k)
Should you sail your 401(k) into a safe harbor?
Employers tend to feel like they have to offer a 401(k) retirement plan. But many organizations, particularly smaller ones, run into trouble with complex rules for discrimination testing. If all of this sounds familiar, you might consider adding a … [Read more...]
2017 – 08/03 – ONE BIG, HAPPY family business
Valuation often affects succession plans in hard-to-see ways
Any business owner developing a succession plan should rightfully assume that regular business valuations are a must. When envisioning the valuation process, you’re likely to focus on its end result: a reasonable, defensible value estimate of your … [Read more...]