Blogs, Newsletters and Webinars
Latest News
Clean-Up That Poorly-Run Plan
Running your own retirement plan is risky and difficult. Why not hand that responsibility off to a qualified Retirement Plan Management firm
Success Stories
Many CPA firms see the benefits of collaborating with a Professional Retirement Plan Consultant.
New Rule Regarding Form 5500
Will your TPA notify you of changes will you pay again for an expensive annual audit you don’t really need?
Do Payroll Providers Really Do Everything For You?
What payroll providers fail to mention is what they don’t do for you
SECURE 2.0 Webinar
SECURE 2.0 WEBINAR – What do you need to know? We are pleased to present a webinar presented by David I Gensler and Frank Grande discussing SECURE 2.0. The hour long webinar discuss the key provisions of SECURE 2.0 and its impact to retirement plans. We delve into the...
Two Changes to Catch-up Contributions: One Good and the Other…
“David, it’s Beth. I just brought a few of our consultants on as full-time hires. They’re in their 50s—a bit older than our typical new employees—and since they’ll only have so many years to contribute into our retirement plan, I was wondering if…” “What you’re asking...
Get Ready for New 401k Plan Requirements
Kareem called me from the HR department of a client company. “Hi David. What happens when a new employee doesn’t formally opt in or out of the retirement plan? I’m not sure what to do with them.” “Great question, Kareem, and a timely one. Starting this year, if you...
Starter 401k / 403b Plans. Are They Worth it?
“David, I read your blog post about state-mandated IRA programs, and how it makes sense to set-up your own retirement plan and not use the government’s.” “Thanks Jeff. I’m always happy to hear from someone who’s doing their homework and trying to stay on top of what’s...
Huge Enhancements to Small Pension Plan Start-up Costs
Shannon was referred to me by a client. “I’m starting up a new business venture and Kim told me you could help set up the retirement plan.” “Hi Shannon,” I said. “You’re going to like the good news I have for you. Thanks to a new set of changes in the rules called...
Do You Dislike Distributing Forms to Employees Who Are Disinterested in Your Retirement Plan?
One of the best parts of my job involves knowing the answers to our clients’ questions. We all love to help others and that’s part of what motivates me to stay on top of any changes to the rules that effect retirement planning. Juan called me with an administrative...
Required Minimum Distribution from Roth Accounts? You’re Kidding!
More Good News courtesy of SECURE 2.0: There used to be a discrepancy between qualified employer sponsored retirement accounts and IRAs when it came to Required Minimum Distributions (RMD) for Roth accounts. For IRAs, Roth money was not subject to RMDs. However, if...
Now You Can Boot Ex-Employees Out of Your Retirement Plan!
Check your former employees’ balances. You may find there are people you could not roll out before, but now you can. SECURE 2.0 has raised the mandatory rollover limit from $5K to $7K as of 2024. This means that if an employee has a vested balance of less than $7K you...
Madison Pension Services is now known as Concierge Retirement Services.