Across
- 2. EGPS 3(16) fiduciary services reduce risk and this for employers
- 4. Small business owners can receive this if they establish a new retirement plan
- 6. Type of plan for 100 or fewer employees that requires mandatory employer contributions
- 7. Reduces the payroll cost for taxes and insurance by 30% on fringe wages
- 8. Type of plan offered by non-profits, governmental employers, and churches
- 9. This type of plan allows employers to skip nondiscrimination testing
- 10. Recent legislation affects these types of employees (acronym) and their eligibility
- 12. Legislation passed in December 2022 bringing a plethora of changes to the retirement industry
- 13. Limits updated yearly that affect how much can be contributed to various retirement/benefit plans
Down
- 1. This plan provision will become required under SECURE 2.0 and increases plan participation
- 3. EGPS has a team of these professionals that specialize in defined benefit plan numbers
- 5. Type of plan that allows significantly more retirement savings, ideal for small, high-earning businesses
- 11. True or false, employers can establish a cash balance plan for 2023 in 2024