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What's New In Retirement Planning
Flexibility.....

With the passage of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), never before have so many options existed for small business retirement plans. At Alaska Pension Services, Ltd., we continue to discover new and better ways to accommodate our clients' desire to optimize their retirement contribution dollars. With "group" profit sharing plans, the new catch up limits for 401(k) plans, and safe harbor 401(k) plans, we are able to help our clients design plans that are far more effective for them than the regular "off the shelf" prototype plans. Some of the plans even define eachparticipant as a separate contribution group, providing maximum flexibility! Furthermore, defined benefit plans are now much more attractive to small firms where older owners are needing to save an adequate nest egg in a relatively short period of time.

Each year, the plan contribution and compensation limits change for the better (they keep going up). Keeping up with these changes is important.Contact us today for the latest limits that apply to your retirement plan.

What's new at Alaska Pension Services?

Plan limits for 2003 through 2008

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