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.
Dunbar, Bender & Zapf, Inc. (DBZ), the largest regional retirement plan consulting and actuarial firm in the Pittsburgh area, announced that they are now offering 3(16) Fiduciary Services to assist clients with the day to day responsibilities of their retirement plan operations.
While the establishment of a cash balance plan is an easy sell for certain small employers, traditional defined benefit plans also present a great sales opportunity.
The IRS is warning human resource and payroll departments about an ongoing email scam. This type of email phishing known as “spoofing,” uses a corporate officer’s name to request W-2 information.