Author Archives: admin

The Benefits to a CPA Firm of Working With a Third Party Administration Firm

Running a successful Certified Public Accountant (CPA) firm can be a complex and demanding task. CPAs are often overwhelmed with managing client accounts, preparing financial statements, and navigating complex tax regulations. In such instances, partnering with a third-party administration (TPA) firm can provide numerous benefits and alleviate some of the workload. This blog will explore […]

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The Benefits of Working With a Third Party Administrator on Your Retirement Plan

Planning for retirement is a crucial step in securing your financial future. For employers who offer retirement plans to their employees, finding the right administrative partner is essential. Many companies turn to third party administrators (TPAs) to manage their retirement plans. These professionals specialize in retirement plan administration and provide a range of services to […]

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The Different Between 3(16), 3(21), and 3(38) Fiduciaries

When it comes to managing retirement plans, fiduciaries play a crucial role in ensuring compliance with legal regulations and protecting the best interests of plan participants. However, navigating the different types of fiduciaries can be confusing, particularly when it comes to understanding the distinctions between 3(16), 3(21), and 3(38) fiduciaries. In this blog post, we […]

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Long Term Part Time Employee Eligibility

Part-time employment offers flexibility and convenience for both employers and employees. It allows individuals to maintain a work-life balance while still earning income. However, one issue that often arises with part-time employment is eligibility for long-term benefits and perks. In this blog post, we will explore the eligibility criteria for long-term benefits for part-time employees. […]

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How Is a Retirement Plan a Tax Planning Tool?

Retirement planning is not just about saving for the future and ensuring financial security during the golden years. It is also an effective tax planning tool that can provide several benefits to individuals and businesses alike. By utilizing retirement plans strategically, taxpayers can reduce their taxable income, defer taxes, and enjoy tax-free growth of funds. […]

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