Author Archives: Steve Diess
Good News for Small Employer Pension Plans?
Too often, pension plan legislation seems to be written with the large (several thousand participant) plan sponsor in mind, while paying little regard to the thousands of small plan sponsors. This can result in ridiculous administrative burdens placed on small … Continue reading
Proposed Defined Benefit Plan Relief: Simple, Logical, Necessary
Steering the financial end of a business, whether it be a sole proprietorship, a small company, or a big corporation, can be challenging under the best of circumstances. Throw a defined benefit pension plan (DB plan) into the mix, and … Continue reading
A (Long) Fade into the Sunset
In our profession, we often talk about the ideal of “phased retirement”. From a lifestyle standpoint, it can be a challenge to work full time up to a certain age, abruptly retire, work zero time thereafter, and be happy and … Continue reading
Oregon HB 3605: Good Intentions, Bad Consequences
Generational inequity has been and will continue to be an issue tied to public retirement benefit plans (as it is with Social Security, Medicare, and other tax funded programs). It’s not fair for one generation of workers to promise themselves … Continue reading
Cash Balance Plans in a Healthcare Reform Environment
Cash balance plans can be a great fit for successful, small- to mid-sized businesses in which some or all of the owners/partners would like to tax defer a lot more of their income than they can with their 401(k) plan … Continue reading
What’s the Right Retirement Plan?
At IAI, we take pride in avoiding the “one-size-fits-all” mentality that we see with other retirement plan consultants. When a prospective client comes to us looking to set up a new retirement plan, we have the experience and expertise to … Continue reading
Outliving Retirement Savings
Outliving your assets in retirement is a significant concern for most retirees. Here’s a good, basic article that discusses the problems associated with estimating your retirement savings needs based on your life expectancy. In the coming months, watch for a … Continue reading
Not Just Tax Deferral, Tax Avoidance
Here’s a tax-related retirement plan dynamic that often gets overlooked. When considering whether to set up a retirement plan, most business owners tend to focus on the economic impact of deferring income. However, there is a very real immediate tax … Continue reading