Defined benefit plans are employer-sponsored accounts that provide retirement benefits to employees. The guaranteed retirement funds are based on a set formula that factors years of service, final ...

Ask successful small-business owners if they are happy with their annual IRS tax bills and most will moan and groan. That was the case with Bob Johnson, founder and CEO of Johnson Insurance & ...

A defined benefit plan, other than a fully insured plan, must satisfy one of the following three accrued benefit tests: The 3 percent test. The accrued benefit to which a participant is entitled upon ...

John Lowe of MoneyDoctors.ie takes a look at the growing trend of converting defined benefit pensions at retirement age to ...

A defined benefit plan ( Q 3715) that is not structured as a cash balance plan or that is not top heavy, as determined under IRC Section 416, must provide vesting based on credited service that is at ...

A self-employed ophthalmologist in her late 50s earning $500,000 a year from her private practice can legally shelter more than $150,000 of that income from federal taxes in a single year. The vehicle ...

Private industry workers have a roughly 67% chance of having access to a defined contribution retirement plan and a 15% chance of being offered a defined benefit option, according to the most recent ...

This column has been modified to correct the amount of the required contribution for Janet's DB plan. Minimizing taxes isn’t always the best idea. Rich found this out the hard way. You may have heard ...

You may have read recent commentaries in the ADN that have made claims about what it means to support public safety. All too often, what gets lost in the discussion are the voices of actual public ...