?? Curious about the Potential Impact of a Defined Contribution + Cash Balance Plan? ?? If you’re exploring ways to maximize retirement benefits, a Defined Contribution Combined Cash Balance Plan might be the perfect solution for your business. But what could those potential benefits look like? ?? Try our easy-to-use Benefit Calculator! Our calculator gives you a quick estimate of the retirement benefits achievable with a combined plan. Designed to offer tax advantages and secure retirement options, this plan structure can be especially beneficial for business owners trying to maximize contributions and tax deductions. Calculate your potential benefits now and see how this plan can work for you: https://lnkd.in/guunFHpC #CashBalancePlan #DefinedContribution #RetirementPlanning #EmployeeBenefits #TWGBenefits #TaxBenefits
TWG Benefits, Inc.
金融服务
Northbrook，Illinois 62 位关注者
What will your retirement look like? Make sure your hard work pays off. We help businesses optimize retirement planning!
关于我们
TWG Benefits, Inc. is a leading provider of actuarial, recordkeeping, investment advisory, and administrative services for retirement plans. We understand that every business is unique, and we provide the highest level of customer service – from initial plan design to navigation of the industry’s ever-shifting regulatory landscape, and ultimately through the realization of retirement benefits. Retirement planning can be complex and administratively burdensome for business owners, so we leverage our expertise, experience, and industry connections to enable our clients to efficiently achieve their goals with peace of mind. We are committed to fee transparency, and we view industry fee disclosure requirements as crucial in promoting financial security for retirement plan participants and their employers. TWG provides daily valuation recordkeeping, actuarial, and third-party administrative (TPA) services to over 600 retirement plans with approximately 25,000 participants and plan assets in excess of $1 billion. TWG is headquartered in Northbrook, IL and maintains a physical presence in strategic regional markets to serve its nationwide client base. TWG is a second-generation family business that has helped people build wealth for a financially secure retirement across four decades.
- 网站
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https://www.twgbenefits.com
TWG Benefits, Inc.的外部链接
- 所属行业
- 金融服务
- 规模
- 11-50 人
- 总部
- Northbrook，Illinois
- 类型
- 私人持股
- 创立
- 1995
- 领域
- 401(k) plans、403(b) plans、457 plans、Profit sharing plans、Defined benefit plans、Cash balance plans、Non-qualified plans、Plan design、Plan and trust preparation、Daily valuation recordkeeping、DB plan valuation and certification和Compliance testing and reporting
地点
TWG Benefits, Inc.员工
动态
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?? Secure 2.0: Automatic Enrollment Is Coming! Are You Ready? ?? Starting January 1, 2025, the new automatic enrollment provisions under the SECURE 2.0 Act go into effect, impacting many new 401(k) and 403(b) plans. This key provision requires eligible employees to be automatically enrolled in retirement plans at a default contribution rate of at least 3%, with annual increases of 1% up to a minimum of 10% and a maximum of 15%. How does this affect your organization? These changes aim to boost employee participation and help more workers save for retirement. However, they also require careful planning to ensure compliance and a smooth rollout. At TWG Benefits, Inc., we’re here to help you navigate the transition, maximize plan participation, and address compliance requirements. Let’s work together to create a plan that aligns with your company's goals and supports your employees' financial futures. ?? Read more about the SECURE 2.0 automatic enrollment provisions at https://lnkd.in/gb_DhxfT #SecureAct #AutomaticEnrollment #RetirementPlanning #TWGBenefits #401kCompliance #EmployeeBenefits
Spring 2024
twgbenefits.com