home   EmailSend us an Email Phone972-202-8000
Blog

5 Characteristics of a Good 401(k) Plan

May 10, 2011

For much of America, 401(k) plans have increasingly become the retirement savings plan of choice.

Continue reading this article

Complying with Your Plan Document, Part 3

Apr 26, 2011

We've reviewed seven questions the IRS recommends you ask yourself to help reduce the time it takes to complete your plan audit and may help lower some of your compliance fees. Here are the final three questions.

Continue reading this article

Complying with Your Plan Document, Part 2

Apr 12, 2011

A couple of weeks ago, we went through four questions you could ask yourself that would help reduce the time it takes to complete your plan audit and may lower some of your compliance fees. Here are three more questions.

Continue reading this article

Complying with Your Plan Document, Part 1

Mar 29, 2011

Every year your employee benefit plan must be in compliance with a myriad of regulations from the DOL and IRS. As a result, it is critical that you review annually the operating requirements for your 401(k) plan. Reflecting on these questions from the IRS and acting as necessary can help reduce the time it takes to complete the audit and may even save you in compliance fees.

Continue reading this article

Preparing for an Audit

Mar 15, 2011

It's Spring Break, which means the time for auditing 401(k) plans will soon be here. If you haven't already scheduled the audit of your company's 401(k) plan, you soon will be. Form 5500s are due by the seventh month following the plan year end, i.e. if December is the year end for your plan, you must file your Form 5500 by July 31. Though an extension of 2 1/2 months is available, you should begin planning for your audit now to avoid the steep IRS penalties for filing late.

Continue reading this article

Disclaimer:
This site is made available by the author or publisher for informational purposes only, not to provide specific legal, investment, or tax advice. By using this blog site you understand and agree that while a relationship may be developed, the conversations held here are open to public viewing, and therefore do not follow normal company/client relationship guidelines between you and the publisher. All outbound links are for informational purposes. While links will be relevant to specific areas of content, they are not meant as recommendations. The site should not be used as a substitute for competent legal or investment advice from a licensed professional in your state. No warranties or other guarantees will be offered as to the quality of the opinions or anything else offered here.

Blog Categories

Receive our Biweekly Newsletter


We respect your privacy and promise to keep your information confidential.

View Newsletter Archive

BKR International Member

Cornwell Jackson is an independent member firm of BKR International, a worldwide association of accounting and advisory firms.

Learn More

Search

Blog Roll