Determining the Fair Market Value of S Corporation Stock Issued as a Stock Bonus in a Profit Sharing Plan
As businesses grow and evolve, they often look to incentives and rewards to boost employee performance, promote loyalty and retention,
Employee Stock Ownership Program vs. Stock Bonus Plan: An Insight to Their Similarities and Differences
Employee Stock Ownership Plan (ESOP) and Stock Bonus Plan, also known as Stock Option Plan, are two unique employee benefits
Key Questions for Plan Sponsors When Interviewing a Third-Party Administrator
Offering a suitable retirement plan is an essential part of a company's benefit package, necessary for attracting and
The Consequences of Insufficient Fidelity Bond Coverage in a 401(k) Plan
One common compliance issue that often slips through the cracks in retirement plan oversight is insufficient fidelity bond coverage. Many
Understanding a SIMPLE 401(k): An Alternative to the Traditional 401(k)
If your company is considering offering retirement benefits or new to retirement planning, the sheer number of available options can
Minimizing Capital Gains on the Sale of Your Business: Key Steps for Business Owners
Selling a business carries with it significant tax implications and the potential for large capital gains tax bills. Here, we
Exploring the Potential Negatives of Including Sub-Transfer Agency Fees as Part of 401(k) Plan Costs
As we navigate the intricate world of retirement planning, we run into a barrage of financial jargon that makes it
The importance of an Investment Policy Statement
An IPS serves as a crucial document that outlines the guidelines and objectives for managing the investments within the plan.
The Benefits of Offering a Stock Bonus Plan as Part of Profit Sharing
Despite the common misconception, profit sharing does not necessitate companies to distribute their profits. Instead, it involves a pre-tax contribution
Why Is 401(k) Plan Education So Important
Educating plan participants on the features of their 401(k) is crucial for several reasons:
1. Empowering Participants: By educating
