Retirement

Fair Use of Revenue Sharing in a 401(k) Plan

By Ivan V. Sichkar on November 18, 2013 • ( 0 )

Today, plan sponsors and fiduciaries of retirement plans have knowledge of all the fees being charged to their 401(k) or 403(b) plans by various services provides. The new disclosure requirement under ERISA Section 408(b)(2) requires all service providers to disclose… Read More ›

Outcome of Social Security Tax Increase on GDP Growth in 2013

By Ivan V. Sichkar on January 17, 2013 • ( 0 )

Starting at the beginning of 2013, withholding for Social Security tax increased to 6.2% from 4.2% that an employee used to make in 2012 and 2011 years. This withholding is applied to income earned up to $113,700, according to IRS… Read More ›

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Retirement