The deadline for filing the Form 5500 Series for 2024 calendar-year plans is right around the corner. Employers and plan sponsors with a calendar-year plan must submit the Form 5500 Series by July 31, ...

The best retirement plan for a business trader is a defined-contribution employer 401(k), as this plan allows up to a maximum tax-deductible contribution of $53,000 ($59,000 if age 50 and over) based ...

A profit-sharing plan, which is intended to encourage employees to help the company succeed, distributes a percentage of the company's profits to its employees. Employers voluntarily establish ...

The IRS published procedures for plan sponsors to request a waiver of the electronic filing requirements for Form 8955-SSA and Form 5500-EZ. The Internal Revenue Service (IRS) has set forth Revenue ...