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Plan Administration & Consulting, LLC News
October 28, 2010
IRS Releases 2011 COLA Limits
The IRS has just released cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2011.
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May 1, 2009
Keeping Your 401(k) Plan in Motion: Planning for retirement remains critical
The recent economic downturn is taking its toll. Case in point: Some employees are having second thoughts about the viability of their 401(k) plans. According to a recent report by an independent consulting firm, 4% of plan participants stopped making 401(k) contributions at the end of last year. Also, the percentage of 401(k) savings traded jumped to 5.3% in 2008 from 3.5% in 2007.
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April 1, 2009
Overview of the new 2008 Pension Law: Key provisions affecting retirement plans
The Worker, Retiree, and Employer Recovery Act of 2008 was passed by Congress late last year. It was promptly signed into law on December 23, 2008.
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February 1, 2009
IRS Boosts Retirement Plan Limits for 2009: Higher figures reflect higher inflation rate
The IRS recently issued its annual cost-of-living adjustments for certain retirement plan thresholds. Due to low inflation rates during the middle of this decade, the increases have been relatively modest or nonexistent the last few years. However, the new indexed figures for 2009 reflect a few significant jumps as inflation crept higher last year.
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