401ks Designed for Small Businesses and Individuals
Low-cost, on-demand and easy-setup plans from ShareBuilder 401(k). Plans for 1 or more priced from $15-$200/month. Get a Free Quote in minutes.
www.ShareBuilder401k.com
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Low-cost, on-demand and easy-setup plans from ShareBuilder 401(k). Plans for 1 or more priced from $15-$200/month. Get a Free Quote in minutes.
www.ShareBuilder401k.com
Save
My Rating
Planning For Retirement
Plan Today For a Secure Financial Future. We Guarantee 8% Growth!
OCRegister.com
Plan Today For a Secure Financial Future. We Guarantee 8% Growth!
OCRegister.com
Individual 401(k)
Easy, Affordable & Customizable Plans For Business Individuals
www.ShareBuilder401k.com
Easy, Affordable & Customizable Plans For Business Individuals
www.ShareBuilder401k.com
Pension Consultants, Inc.
We specialize in Defined Benefit Plan design and administration
www.pensioncon.com
We specialize in Defined Benefit Plan design and administration
www.pensioncon.com
What’s Your Retirement IQ
Prepare for the Transition to Retirement with Help from MetLife
MetLife.com/RetirementQuiz
Prepare for the Transition to Retirement with Help from MetLife
MetLife.com/RetirementQuiz
ING DIRECT IRA Savings
Safe and Secure. FDIC Insured. Great Rates. Guaranteed Returns.
www.ingdirect.com
Safe and Secure. FDIC Insured. Great Rates. Guaranteed Returns.
www.ingdirect.com
Pension Admin Made Easy
BSTI offers both Defined Benefit & Defined Contribution Software
vhcs.byrnesoftware.com
BSTI offers both Defined Benefit & Defined Contribution Software
vhcs.byrnesoftware.com
Planning to Retire?
Learn What You Should Know Before You Retire - Our Advisors Can Help
www.Ameriprise.com
Learn What You Should Know Before You Retire - Our Advisors Can Help
www.Ameriprise.com
Pension Information
Get the Latest Facts on Pensions. Find Top Info On Pensions Today.
FinanceRetirement.info
Get the Latest Facts on Pensions. Find Top Info On Pensions Today.
FinanceRetirement.info
A-Z Pension Plans Provider Directory
1-9
A
ALI Actuarial & Retirement Plan Services
Plan design & administration services include 401(k), profit sharing and defined benefit pension plans.
www.aliactuary.com
Plan design & administration services include 401(k), profit sharing and defined benefit pension plans.
www.aliactuary.com
B
Belcor Companies, The
Specializes in retirement plans and insured and non-insured employee benefit plans. Plan design and administration of qualified and non-qualified pension and profit-sharing plans.
www.belcorcos.com
Specializes in retirement plans and insured and non-insured employee benefit plans. Plan design and administration of qualified and non-qualified pension and profit-sharing plans.
www.belcorcos.com
Benefit Partners
Canadian firm providing consulting services in employee benefits, pension, human resources management, corporate and personal financial risk and personal investment management.
www.benefitpartners.com
Canadian firm providing consulting services in employee benefits, pension, human resources management, corporate and personal financial risk and personal investment management.
www.benefitpartners.com
Proposed Rollover Regulations
From the Pension Plan Fix-It Handbook, Thompson Publishing Group.
www.benefitslink.com
From the Pension Plan Fix-It Handbook, Thompson Publishing Group.
www.benefitslink.com
C
Coleman Consulting Corporation
Pension consulting firm for small companies in the United States
www.coleman-pension.com
Pension consulting firm for small companies in the United States
www.coleman-pension.com
D
db65.com
Actuarial company that creates and administers Keogh defined benefit pension plans for self-employed individuals.
www.db65.com
Actuarial company that creates and administers Keogh defined benefit pension plans for self-employed individuals.
www.db65.com
Pension and Health Care Coverage... Questions and Answers for Dislocated Workers
Information from the U.S. Dept. of Labor.
www.dol.gov
Information from the U.S. Dept. of Labor.
www.dol.gov
E
Ermilio Consulting
Design and administration of pension and investment plans. Located in Philadelphia, Pennsylvania.
www.eretireplans.com
Design and administration of pension and investment plans. Located in Philadelphia, Pennsylvania.
www.eretireplans.com
F
Company Pension Plans - Save for Your Retirement
Fidelity Pensions are the leading company pension provider in the UK. Retirement planning is made easier with Fidelity Pensions.
www.fidelitypensions.co.uk
Fidelity Pensions are the leading company pension provider in the UK. Retirement planning is made easier with Fidelity Pensions.
www.fidelitypensions.co.uk
L
M
MetLife: Retirement Services
Provider of income solutions and retirement plans for employees and their eligible family members. Insurance provided by Metropolitan Life Insurance.
www.metlife.com
Provider of income solutions and retirement plans for employees and their eligible family members. Insurance provided by Metropolitan Life Insurance.
www.metlife.com
Metro Benefits
Provides pension administration and actuarial services for qualified retirement plans. Located in Pittsburgh, Pennsylvania.
www.metrobenefits.com
Provides pension administration and actuarial services for qualified retirement plans. Located in Pittsburgh, Pennsylvania.
www.metrobenefits.com
N
National Actuarial Services
Technical support for pension plan administrators offering 401 (k), profits sharing, money and defined benefit plans.
www.nationalactuarial.com
Technical support for pension plan administrators offering 401 (k), profits sharing, money and defined benefit plans.
www.nationalactuarial.com
New Bridge Street Consultants
Multi-disciplinary management consultancy, specializing in employee share schemes, executive remuneration and pensions.
www.nbsc.co.uk
Multi-disciplinary management consultancy, specializing in employee share schemes, executive remuneration and pensions.
www.nbsc.co.uk
National Institute of Pension Administrators Educational Foundation
A national association representing the retirement and employee benefit plan administration profession.
www.nipa.org
A national association representing the retirement and employee benefit plan administration profession.
www.nipa.org
P
PAI-Pension Services
Located in Lakeland, Florida. Provides administrative services for retirement and employee benefit plans.
www.paipension.com
Located in Lakeland, Florida. Provides administrative services for retirement and employee benefit plans.
www.paipension.com
Pension Benefit Guaranty Corporation (PBGC)
Federal government corporation established to encourage the growth of defined benefit plans, provide timely and uninterrupted payment of benefits and maintain low pension insurance premiums.
www.pbgc.gov
Federal government corporation established to encourage the growth of defined benefit plans, provide timely and uninterrupted payment of benefits and maintain low pension insurance premiums.
www.pbgc.gov
Pensco Pension Services
Non-bank custodian of retirement plans approved by the US Treasury Department. Focused on the administration and custody of self-directed individual retirement accounts (IRAs) including special assets.
www.pensco.com
Non-bank custodian of retirement plans approved by the US Treasury Department. Focused on the administration and custody of self-directed individual retirement accounts (IRAs) including special assets.
www.pensco.com
Richard Blum & Associates
Provides small to medium size companies with independent qualified pension plan consulting, design, implementation and administrative services.
www.pension-actuary.com
Provides small to medium size companies with independent qualified pension plan consulting, design, implementation and administrative services.
www.pension-actuary.com
Pension Solutions
Provides qualified retirement services and investment plan options to endorsing organizations and employer sponsors across the US.
www.pension-solutions.com
Provides qualified retirement services and investment plan options to endorsing organizations and employer sponsors across the US.
www.pension-solutions.com
Deitsch, Aaron F.S.A.
Provides pension plan administrative services, actuarial services and retirement plan consulting nationwide.
www.pensionconsultant.com
Provides pension plan administrative services, actuarial services and retirement plan consulting nationwide.
www.pensionconsultant.com
Pensiononline.com
Provides comprehensive Web-based tools enabling businesses to facilitate employees' retirement planning needs.
www.pensiononline.com
Provides comprehensive Web-based tools enabling businesses to facilitate employees' retirement planning needs.
www.pensiononline.com
Pension Profile
Directory of qualified pension plans including profit sharing, money purchase, defined benefit, 401 (k) plans and welfare benefit plans.
www.pensionprofile.com
Directory of qualified pension plans including profit sharing, money purchase, defined benefit, 401 (k) plans and welfare benefit plans.
www.pensionprofile.com
Pension Recovery
Provider of recovery services designed to help retirees and their beneficiaries review and recover unpaid retirement benefits.
www.pensionrecovery.com
Provider of recovery services designed to help retirees and their beneficiaries review and recover unpaid retirement benefits.
www.pensionrecovery.com
Pension Management Company (PMC)
A consultant and advisor to financial organizations that sell and administer individual retirement accounts and qualified retirement plans.
pmc-corp.com
A consultant and advisor to financial organizations that sell and administer individual retirement accounts and qualified retirement plans.
pmc-corp.com
Pension Management
Focuses on the design, installation and administration of employee benefit plans.
www.pmipension.com
Focuses on the design, installation and administration of employee benefit plans.
www.pmipension.com
S
401ks Designed for Small Businesses and Individuals
Low-cost, on-demand and easy-setup plans from ShareBuilder 401(k). Plans for 1 or more priced from $15-$200/month. Get a Free Quote in minutes.
www.ShareBuilder401k.com
Low-cost, on-demand and easy-setup plans from ShareBuilder 401(k). Plans for 1 or more priced from $15-$200/month. Get a Free Quote in minutes.
www.ShareBuilder401k.com
Spiro Group
Provider of employee benefits consulting, health and disability insurance, professional employer organization (PEO), 401(k) and pension plans and group insurance.
www.spirogroup.com
Provider of employee benefits consulting, health and disability insurance, professional employer organization (PEO), 401(k) and pension plans and group insurance.
www.spirogroup.com
T
Thompson Publishing Group
Pension and benefits publications providing news and regulatory information about fringe benefit rules, self-insuring health benefits, IRS and COBRA rules and pension, flex and 401(k) plans.
www.thompson.com
Pension and benefits publications providing news and regulatory information about fringe benefit rules, self-insuring health benefits, IRS and COBRA rules and pension, flex and 401(k) plans.
www.thompson.com
U
Universal Pensions
Retirement plan services company providing product, consulting and record keeping.
www.universal-pensions.com
Retirement plan services company providing product, consulting and record keeping.
www.universal-pensions.com
W
Pension Research Council
Generates debate on policy issues affecting pensions and other employee benefits. Located at the Wharton School, University of Pennsylvania.
prc.wharton.upenn.edu
Generates debate on policy issues affecting pensions and other employee benefits. Located at the Wharton School, University of Pennsylvania.
prc.wharton.upenn.edu
Planning For Retirement
Plan Today For a Secure Financial Future. We Guarantee 8% Growth!
OCRegister.com
Plan Today For a Secure Financial Future. We Guarantee 8% Growth!
OCRegister.com
Individual 401(k)
Easy, Affordable & Customizable Plans For Business Individuals
www.ShareBuilder401k.com
Easy, Affordable & Customizable Plans For Business Individuals
www.ShareBuilder401k.com
Pension Consultants, Inc.
We specialize in Defined Benefit Plan design and administration
www.pensioncon.com
We specialize in Defined Benefit Plan design and administration
www.pensioncon.com
Guide to Terminating a Retirement Plan
Employees, financial institutions and, sometimes, the IRS must be notified
Theoretically, retirement plans are supposed to last indefinitely. But the reality is, there may come a time when you need to end your company's plan. You might merge with another business, for example, or decide to shutter operations. If you do opt to terminate a retirement plan, however, be aware that the Internal Revenue Service might hit you with a hefty tax bill if it decides that the plan was never intended to be permanent. For that reason, be sure to talk with a tax advisor before making any irrevocable moves. If you go ahead with the termination, you'll need to fill out a variety of paperwork and keep your employees abreast of the situation.
The steps required to terminate depend on the type of plan you have. There are several basic models:
- Simplified Employee Pension (SEP) or SEP Plus
- Savings Incentive Match Plans for Employees (SIMPLE) IRAs
- 401(k) Plans
- Profit-sharing or money purchase pension plans
Action Steps
The best contacts and resources to help you get it done
Terminate SEP Plans
To terminate SEP Plans, inform the bank handling the plan that you intend to end your contract and will cease making contributions; doing so will require filing a plan amendment. Tell employees that you will no longer fund the plan.
I recommend:
The IRS publishes online instructions for terminating SEP plans.
Terminate SIMPLE IRA Plan
You must tell plan participants in advance that you intend to terminate a SIMPLE IRA. The rules state that you must give notice during the calendar year before the termination will take effect.
I recommend:
See the IRS instructions for terminating a SIMPLE plan.
Terminate 401(k) Plans
The steps to end these plans are: Inform the employees, amend the plan document, distribute the assets and file final forms with the IRS. The financial institution that administers the plan may have other paperwork as well.
I recommend:
The IRS requirements include filing the last form 5500 and possibly a form 5300 to ask the IRS to determine the plan's status at the time of termination.
Terminate Profit-Sharing or Money Purchase Pensions
You must give written notice to all plan participants stating that you will stop making contributions. You also will have to execute a formal document terminating the plan as of a certain date. Assets must be distributed to employees as soon as possible, typically within one year. You'll also have to file form 5500 and 5310 with the IRS.
I recommend:
The IRS publishes instructions for completing form 5500, as well as form 5310.
Tips & Tactics
Helpful advice for making the most of this Guide- Plan ahead. You must tell plan participants that you intend to end a SIMPLE IRA in the calendar year before the termination takes effect.
- Retain copies of all documents you submit to the IRS, your bank and your employees.
