Category Archives: Defined Benefit Plan

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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The Advantages of a Defined Benefit Plan for Self Employed

As a self-employed individual, it is crucial to carefully plan for your retirement. One way to do so is by considering a defined benefit plan. While most people are familiar with defined contribution plans like a 401(k), defined benefit plans offer unique advantages for self-employed individuals. This blog post will explore the benefits of a […]

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Plan Permanency

There are several misconceptions surrounding the funding requirements of retirement plans, particularly when it comes to Defined Benefit Plans. Many individuals falsely believe that funding their plan is a long-term commitment that must be maintained for a minimum of three years or more. This notion often deters people from considering a Defined Benefit Plan, wrongly […]

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The Advantages of a Defined Benefit Plan for Self Employed

The Advantages of a Defined Benefit Plan for Self Employed If you are a self-employed individual, you may be wondering what options you have for retirement planning. While many people are familiar with Individual Retirement Accounts (IRAs) and 401(k) plans, a lesser-known option that can provide significant advantages is a defined benefit plan. In this […]

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