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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
Archived Newsletters
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