Articles

• Mega Backdoor Roth with ERISA 401(k) Plans

  Most plans that are not owner-run, such as those offered by hospitals, universities, and other large employers don't allow the option for doing Mega Backdoor Roth conversions, but a smaller partner-run practice plan can easily adopt any changes necessary to implement the mega backdoor Roth 401(k) strategy. Read on

• Group Practice Retirement Plans: Fix Problems, Improve Your Plan, Minimize Cost

  Even though group practice retirement plans typically have a relatively small number of participants, these plans can be more complex and laden with compliance issues and challenges. Older group practice plans often have serious compliance and fiduciary issues, and unless someone knowledgeable takes the time to examine the plan operation and paperwork, chances are that these issues would only be discovered upon an audit by the Internal Revenue Service or U.S. Department of Labor – in other words, much too late. Read on

• Small Practice Retirement Plans: How Are They Different*?

  Despite the apparent similarities, small practice and large company plans cannot be more different from one another. Understanding how small practice plans are different from large plans is important for small practice owners because most plan providers specialize in working with large companies and they are not capable of addressing the full scope of issues that small practice plans will encounter. Read on

• Five Principles of Investment Management

  Whether you are a do-it-yourself investor or you work with an adviser, there are several basic principles you should be aware of that can help improve your investment performance. If you are just starting out or if you are working with brokers and other advisers who are primarily making money from either selling products or charging asset-based fees, you will need to educate yourself to avoid making costly mistakes. Read on