Podcast Episodes

[Retirement] 15, Actuarial Requirements

Season 3 Episode 15

Defined benefit and cash balance plans require actuarial calculations to determine funding needs. --

The CFP Exam is known for its difficulty, and as …

1 year, 2 months ago

View Episode

[Retirement] 14, Pension Plan Types

Season 3 Episode 14

Include defined benefit, cash balance, money purchase, and target benefit plans, each with unique funding and benefit structures. --

The CFP Exam is k…

1 year, 2 months ago

View Episode

[Retirement] 13, Plan Limits

Season 3 Episode 13

Contribution limits for defined contribution plans are capped at the lesser of 100% of compensation or a specified dollar amount. --

The CFP Exam is k…

1 year, 2 months ago

View Episode

[Retirement] 12, Top-Heavy Plans

Season 3 Episode 12

Require additional contributions for non-key employees if key employees hold more than 60% of plan assets. --

The CFP Exam is known for its difficulty…

1 year, 2 months ago

View Episode

[Retirement] 11, Vesting Schedules

Season 3 Episode 11

Defined contribution plans often use a 2-6 year graduated or 3-year cliff vesting schedule. --

The CFP Exam is known for its difficulty, and as I emba…

1 year, 2 months ago

View Episode

[Retirement] 20, Stock Bonus Plans

Season 3 Episode 20

Allow employers to contribute stock, with tax benefits for net unrealized appreciation on distributions. --

The CFP Exam is known for its difficulty, …

1 year, 2 months ago

View Episode

[Retirement] 18, 401(k) Plans

Season 3 Episode 18

Allow employee deferrals, often with employer matching, and are subject to ADP and ACP nondiscrimination tests. --

The CFP Exam is known for its diffi…

1 year, 2 months ago

View Episode

[Retirement] 17, Profit Sharing Plans

Season 3 Episode 17

Contributions are discretionary but must be substantial and recurring, with limits based on employer compensation. --

The CFP Exam is known for its di…

1 year, 2 months ago

View Episode

[Retirement] 16, Social Security Integration

Season 3 Episode 16

Allows plans to provide additional benefits to employees earning above the Social Security wage base. --

The CFP Exam is known for its difficulty, and…

1 year, 2 months ago

View Episode

[Retirement] 10, Highly Compensated Employees

Season 3 Episode 10

Defined as owning more than 5% of the company or earning over a specified amount, affecting plan testing. --

The CFP Exam is known for its difficulty,…

1 year, 2 months ago

View Episode