DBZ News & Blogs

  The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) is a $1.4 trillion appropriations package that was signed into law on December 20, 2019, by President Donald Trump. This act contains significant legislative enhancements for retirement plans that are designed to help encourage retirement savings.

  To expand our operations, Dunbar, Bender, & Zapf, Inc. acquired the New Jersey TPA firm Advanced Pension Designs (APD) LLC.

  The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 has passed in the House making it one vote away from becoming law.

PITTSBURGH – Effective June 3rd, 2019 Dunbar, Bender & Zapf to acquire New Jersey TPA firm Dunbar, Bender & Zapf, Inc. (DBZ), the largest independent regional retirement plan consulting and actuarial firm in the Pittsburgh area, announced that they are expanding their operations with the acquisition of the TPA firm Advanced Pension Designs (APD) LLC.

  As of 2018, the National Center for Employee Ownership estimates that there are almost 7,000 employee stock ownership plans (ESOPs) covering more than 14 million employees. 

  When choosing how to manage a 401(k) plan, the employer has two primary choices: bundled plan management services, or they can choose to utilize services from an independent Third-Party Administrator (TPA).

  As retirement plan practitioners, every day we tell young people it is increasingly important to start saving toward retirement. Each year we are seeing increases in the number of high school graduates that are choosing to attend college and each year we are seeing increases in tuition costs.

  The IRS requires that contributions or benefits provided under a plan must not discriminate in favor of Highly Compensated Employees (HCEs).

  Fraudulent distribution request from participant 401(k) accounts is a fast growing trend in identity theft.

  Under the Tax Cut and Jobs Act (TCJA), tax rates are the lowest they have ever been. Some say that tax rates may never be this low again, providing employers with a unique opportunity to use plan design to take advantage of these lower rates.