Changes in Employee Demographics May Impact Owner’s Percentage of Retirement Plan Contributions

A common goal for successful business owners when designing a retirement plan is to provide a reasonable benefit level to their employees while maximizing the benefits to themselves. Most times this is accomplished with an aged-based or “cross-tested” design that allocates differing contribution levels based on an employee’s class. It is important to understand that changes in your clients’ employee demographics from year to year … Continue reading Changes in Employee Demographics May Impact Owner’s Percentage of Retirement Plan Contributions