Tag: Contribution Benefit Limits

PBGC Increases Maximum Benefit for 2014

The Pension Benefit Guaranty Corporation (PBGC) announced the yearly maximum guaranteed benefit for a 65-year-old retiree will increase next year to nearly $59,320 from about $57,500.

IMHO: Cost of Living 'Adjustment'

A couple of weeks back, the Social Security Administration announced that, for the second year in a row—but only for the second time since 1975—there...

SPD Language Not a Valid Plan Terms Change

A federal appellate court has ruled that a summary plan description (SPD) could not unilaterally grant a benefit plan administrator the right to make benefit eligibility decisions without...
regulatory radar

Lemonade Stand

Deferred compensation plans are getting squeezed—along with every other aspect of executive compensation—but still can provide opportunities for advisers