lawrence-pearson.com
QDRO
http://www.lawrence-pearson.com/qdro
Details about QDRO for Lawyers. Details about QDRO for Plan Administrators. Lawrence and Pearson Associates prepares QDROs and other types of domestic relations orders that may have different names and meanings such as DRO or QCO. We prepare the domestic relations orders for all types of plans and arrangements, including:. Defined Contribution Plans - 401(k), 403(b), 457(b), 401(a), profit sharing, money purchase, ESOP, etc. Defined Benefit Plans - Pension plan, cash balance, 412(i), etc. Distribute QDRO...
lawrence-pearson.com
Cafeteria Plans
http://www.lawrence-pearson.com/cafeteria-plans
New proposed Cafeteria Regulations. On August 6, 2007, the Internal Revenue Service issued. New proposed cafeteria plan regulations under section. 125 of the Internal Revenue Code. The proposed regulations. Replace existing regulations dating back to 1984. The proposed regulations incorporate and restate prior. Proposed regulations and add much needed clarification. The. New proposed regulations are expected to be effective for a plan’s. Year starting on or after January 1, 2009, but can be relied upon.
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Investment Policy Statement
http://www.lawrence-pearson.com/investment-policy-statement
If you are an employer sponsoring a qualified retirement plan, you are inevitably plan fiduciary subject to rules of the Employee Retirement Income Security Act of 1974 (ERISA). ERISA requires plan sponsors to make investment decisions prudently for the sole interest of plan participants and their beneficiaries. A fiduciary whose investment decision-making (or choice of investment options) fails to satisfy these requirements can be liable for investment losses experienced by the plan. If the plan does no...
lawrence-pearson.com
Links
http://www.lawrence-pearson.com/links
CNN Money - Retirement. Time is running out for this Social Security strategy. This is how much student debt will cost you in retirement. How can you find an honest financial adviser? Website by Best Web Design Deals.
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Form 5500
http://www.lawrence-pearson.com/form-5500
Retirement Plans FAQs regarding Filing 2008 Form 5500. Whether you are an Employer or Employee you can see from this IRS.gov publication the 5500 form can be difficult, contact us at Lawrence and Pearson Associates to assist you with this filing. There is no Schedule B for 2008 on the EBSA web site. Where can I get a copy? There is no "handprint" copy of the Schedule MB or SB on the EBSA web site. Where can I get a copy? What happened to Schedule P? Am I still required to complete Schedule P?
lawrence-pearson.com
Savers Credit
http://www.lawrence-pearson.com/savers-credit
Lawrence and Pearson Asso. Ciates can assist employers and individuals with the application of this important tax credit. You may be able to take a tax credit if you make eligible contributions (defined later) to a qualified retirement plan, an eligible deferred compensation plan, or an individual retirement arrangement (IRA). You may be able to take a credit of up to $1,000 (up to $2,000 if filing jointly). This credit could reduce the federal income tax you pay dollar for dollar. A student taking a ful...
lawrence-pearson.com
About Us
http://www.lawrence-pearson.com/about-us
Scott has over twenty (29) years of experience in the Pension and Employee Benefits field with a unique perspective. Scott has been on both sides of the equation, having been a consultant for most of his career, and also having solid experience in Human Resources/Personnel. This unique perspective has proven useful in developing methods, procedures and applications with efficiencies for both the firm and the client. CNN Money - Retirement. Time is running out for this Social Security strategy.
lawrence-pearson.com
Installation
http://www.lawrence-pearson.com/installation
Once a plan type has been selected and decisions about the specific provisions have been made, we will prepare a final draft of the plan documentation, and administrative manual containing information and all necessary administrative forms, Summary Plan Descriptions, and the IRS submission package to request a determination letter for reliance on the tax deductibility of contributions. Installation services also include conducting initial employee enrollment meetings for 401 (k) plans in particular.
lawrence-pearson.com
Administration
http://www.lawrence-pearson.com/administration
Once the plan is installed, we will provide assistance in the periodic administration tasks for the plan. Determination of employer contributions. Preparation of periodic valuation/allocation. Reports (annually, quarterly or monthly). Performance of periodic testing for participation, coverage, top-heaviness, and anti-discrimination. Preparation of periodic employee statements (annually, quarterly or monthly). Assistance with completion and filing of IRS 5500 series forms. In the RFP menu. Website by Bes...
