By Stephen J Butler

ISBN-10: 1576750639

ISBN-13: 9781576750636

The writer, cofounder of a third-party pension management company and public speaker, discusses how 401(k) plans paintings, the way to check the standard of a plan, and the way to revamp it to be greater. Of most probably curiosity to corporation decision-makers and energetic 401(k) plan members.

Show description

Read Online or Download 401(k) today: designing, maintaining & maximizing your company's plan PDF

Similar kindle ebooks books

Download e-book for kindle: The Morality of Everyday Life: Rediscovering an Ancient by Thomas Fleming

Fleming deals a substitute for enlightened liberalism, the place ethical and political difficulties are checked out from an aim perspective and a choice made up of point of view that's either rational and universally utilized to all related situations. He as an alternative locations value at the specific, the neighborhood, and ethical complexity, advocating a go back to premodern traditions for an answer to moral predicaments.

Download e-book for kindle: No Turning Back : A Hopi Indian Woman's Struggle to Live in by Polingaysi Qoyawayma

This is often the tale of the Hopi girl who selected in her early early life to dwell within the white guy? ?? s global. She grew to become referred to as Elizabeth Q. White. Born at outdated Oraibi, Arizona, she used to be of the 1st Hopi teenagers to be trained in white colleges. Later she was once the 1st Hopi to develop into a instructor in these colleges.

Geothermal Resources by Robert Bowen (auth.) PDF

Because the Arab oil embargo of 1974, it's been transparent that the times of just about unlimited amounts of reasonably cheap strength have handed. additionally, ever­ worsening pollutants because of fossil gas intake, for example oil and chemical spills, strip mining, sulphur emission and accumulation of good wastes, has, between different issues, resulted in a rise of up to 10% within the carbon dioxide content material of the ambience during this century.

Extra info for 401(k) today: designing, maintaining & maximizing your company's plan

Sample text

With the portability of 401(k) plans and the flexibility to continue deferring taxes, the participant can enjoy tax-advantaged savings for long periods of time and accumulate a large pool of capital. Page 11 401(k) Plans Have a Relatively Simple Structure The structure of a 401(k) plan has the following building blocks: 1. A retirement plan trust 2. A plan document 3. A summary plan description for plan participants 4. The filing of an IRS form 5500 each year 5. S. Department of Labor regulation 404(c) 6.

For many of us, our 401(k) plan is the most valuable asset we have. A growing percentage of us are now 401(k) millionaires, according to The Wall Street Journal. 3 Substantial 401(k) account balances have changed many people's views of their work experience. There is definitely a feeling of smug satisfaction that can come from achieving financial security years before a normal retirement age. This book gives both plan sponsors and participants the basics of 401(k) operations as well as sophisticated techniques and strategies for designing the best possible 401(k) plan.

Loan Fees The cost of setting up a loan ranges from $75 to $100, plus $50 per year to administer it, and an additional $200 set-up fee if collateral other than the participant's vested account balance is involved. The borrower should pay these fees; this creates a better barrier to the excessive use of loans than limiting loans by dollar amounts or any other means. The Frequency of Loans In practice, about 30% of participants borrow money from their accounts, but these loans only amount to 34% of total plan assets.

Download PDF sample

401(k) today: designing, maintaining & maximizing your company's plan by Stephen J Butler

by Kenneth

Rated 4.81 of 5 – based on 17 votes