Case Studies in Ethics & Professionalism
|
|
- Randolf Randall
- 5 years ago
- Views:
Transcription
1 Case Studies in Ethics & Professionalism Presented by Adam C. Pozek, ERPA, QPA, CPFA DWC ERISA Consultants, LLC , ext. 107 ASPPA Spring Virtual Conference April 21, 2016
2 ASPPA Spring Virtual Conference April 21, 2016 Case Studies in Ethics and Professionalism For each of the case studies described below, assume that you are a non-fiduciary TPA, servicing defined contribution plans. The plans in these examples are calendar year 401(k) plans. Case Study No. 1 Growing Pains You just found out you won a block of 50 new plans from a referral source you ve been courting for several years, and she wants you to take over immediately and do the work for the 2015 plan year. The challenge is that you were already at capacity before one your top administrators quit last week. You need to hire quickly but don t have the time to go through your regular, detailed recruiting/interview process. You just need to get the work out the door, so you consider hiring the first two candidates who present themselves Mike and Carol. Mike has 10 years of experience working for Seaver Pensions across town, but recently left that position. As a bonus, he tells you that he can bring over a small group of clients who are loyal to him. Since you know the owner of Seaver Pension, you make a telephone call to ask about Mike. You learn that while being very bright, Mike preferred to do things his way and that he was fired for taking too many shortcuts. In fact, several of Seaver s clients complained about Mike making mistakes. It also comes to light that Seaver requires all of its employees to sign non-complete agreements. Carol recently graduated from the local university with an accounting degree. She had a summer internship at a CPA firm but has no experience dealing with qualified retirement plans. While Carol would be an excellent candidate, you know you will have little time to do any training over the next few months. She assures you, however, that she will read the Form 5500 Instructions cover to cover and take an online course to cover the basics before she starts work. 1. Should you hire Mike? 2. Should you hire Carol? Page 1
3 Case Study #2 What s the Worst That Could Happen? Thanks to an investment advisor who is a key referral source for your company, Crusher & McCoy, P.C. (a 350+ participant medical practice) has just hired you to provide TPA services for its 401(k) plan. There will also be a change in recordkeepers. In addition to the 401(k), C&M also sponsors a traditional defined benefit plan, the actuarial work for which is performed by a large, national financial institution. You do not provide services to DB plans, so you don t mind that C&M prefers to keep the DB plan with the national provider. During the conversion of the 401(k) plan, it comes to light that said national firm has made some rather significant mistakes with respect to benefit calculations as well as the actual distribution of benefits. It also comes out that the C&M s accounting firm has reluctantly been preparing the Form 5500 for the DB plan, because the actuarial firm will not prepare it. Due to the other plan-related changes, the CPA sees a great opportunity to extricate itself from providing this service. The investment advisor, faced with having to bring another new provider into the mix, asks if you would be willing to prepare the Form 5500 for the DB plan. He suggests that if you will not, C&M might get fed up and move everything to a bundled arrangement. 1. Can/should you accept the engagement? 2. Are there any special circumstances or caveats that apply? 3. Does the analysis change if, to your knowledge, there have not been any previous mistakes made by the national firm? Case Studies in Ethics & Professionalism Page 2
4 Case Study #3 Did We Forget To Mention That? Spiders From Mars, Inc. sold all of its assets to Scary Monsters, Inc.; however, Ziggy (the owner of SFM) is going to keep the company intact to pursue a new venture that he expects to generate significant income over 2 to 3 years. After that, Ziggy intends to dissolve the company. Five of the employees will remain at SFM; the other several hundred terminate employment on Friday, March 29 th and begin working for Scary Monsters on Monday, April 1 st. In November of that year, the investment advisor asks if you will take over as TPA for the SFM plan, which is one of his largest clients. He explains that because of the short-term nature of the project they are working on and the goal to eventually wind down the company, your services will likely only be needed for 2 or 3 years; however, no mention is made of the asset sale 8 months prior. You thank the advisor for the referral, send out your regular service agreement along with any requisite caveats or additional fees in anticipation of the termination of the plan in a couple years. SFM signs the agreement, and you begin collecting all of the regular takeover paperwork plan documents, prior testing, etc. As you are wrapping up the conversion, Ziggy mentions something about having sold the company and that some former employees are asking about getting access to their balances. Before you can inquire about this new tidbit of information, the advisor reminds Ziggy that they told all of the former employees that they had to wait to take distributions until the earlier of SFM s dissolution or their termination of employment with Scary Monsters. Not wanting to second-guess the advisor in front of Ziggy, you have a separate phone call in which he gives you the details about the asset sale and confirms what participants were told about distributions. He further states that since this is his largest client and he has recently gone through an expensive divorce, he can t afford the loss of income that would result if participants were allowed to take distributions right away. Even more interestingly, he tells you that he needs your help to get the former employees back on track with making their loan payments to the SFM plan since none have been made since the sale. When you explain that all of those loans have passed the cure period and would require a VCP filing to avoid the deemed distributions, he tells you he believes it would be a breach of his fiduciary duty to advise Ziggy to confess his sins to the IRS. Instead, he wants you think about the good of the participants and simply get the loans back on track without making a big deal out of it. 1. Knowing that this is intended to be a short term engagement (only 2 3 years), is it appropriate for you to charge an increased fee for the annual compliance/administration work? 2. Once you become aware that former employees are not being allowed to take distributions even though the plan permits immediate distribution on termination of employment, do you have an obligation to communicate the discrepancy to Ziggy even though it contradicts the advisor who referred you in? Case Studies in Ethics & Professionalism Page 3
5 3. Since the advisor is trying to avoid a surprise tax liability for the unsuspecting participants who are past due on their loans, are you able to help him get the loans back on track even though you know there is no intention to go through VCP or otherwise report the loans as deemed distributions? 4. Assume the advisor decides to go back to the previous TPA because they don t ask so many questions. Case Studies in Ethics & Professionalism Page 4
6 Case Study #4 Shake It Off? Swift, Inc. sponsors a 401(k) plan for which you have been the TPA for several years. Taylor has been the office manager for Swift for 20+ years, but she is not an owner or officer. She has been your contact for the plan for as long as you have worked on it, and the two of you have become pretty good friends over the years. Shortly after Swift funds its profit sharing contribution for 2014, you are reviewing the account of Bob, a participant who terminated in early 2015, and notice that no contribution was deposited for him despite the fact that he was on the allocation schedule you provided to Taylor. Since the plan has a last day rule, Taylor must have assumed Bob s recent termination meant he shouldn t receive an allocation even though he was employed at the end of You call Taylor and explain the situation to her, and she assures you she will take care of it right away. She was planning to pay off her participant loan anyway, so she could send in Bob s contribution at the same time. You take her at her word without giving it a second thought. As you approach the end of 2015, you run a quick contribution report and notice that the total profit sharing contribution ties out to the penny to what you calculated (including the amount for Bob). Taylor tells you Swift is eager to make its 2015 profit sharing contribution as quickly as possible and asks if you can expedite your year-end work. In the course of doing so, you discover that Bob s profit sharing contribution from 2014 was deposited into Taylor s account. You didn t notice before, because the total contribution was correct. You recall Taylor mentioning sending in her loan payoff at the same time, so you assume it was a simple oversight. You ve just finished the 2015 calculations, so you inform Taylor of the need to correct Bob s account at the same time you give her the allocation of the 2015 contribution. You really like Taylor and want to help her make sure everything is adjusted properly, so you give it a couple weeks before logging into the recordkeeper s website to make sure all is in order. Not only do you discover that Taylor/Bob discrepancy has not been fixed, but you also see that Taylor has since taken a new loan and paid it off already, which is odd because you never received notification from the recordkeeper that there was a loan request pending. You dig a little further and see that there are two participants who were there at the end of 2015 but terminated in early 2016 who did not receive their allocations for It turns out that the sum of the missed allocations for those two participants is exactly equal to the amount of the loan and subsequent payoff in Taylor s account. There are now a few too many accidents for your comfort. Even though you have never really worked much with Tom, the owner of Swift, you wonder whether it is appropriate to bring this to his attention. 1. What, if any, obligation do you have to bring your concerns to the attention of someone in a position of authority with respect to the plan? Case Studies in Ethics & Professionalism Page 5
7 2. Assuming you feel compelled to communicate the concern, is it sufficient to tell the recordkeeper or advisor rather than going over Taylor s head to Tom? 3. You eventually decide to discuss the matter with Tom, and he asks you to do a more detailed investigation and present him with a report of your findings, including all of the supporting calculations, account statements, transaction numbers, etc. You explain that you will need to charge for your time. He refuses to pay the additional fee but demands that you do the work, stating that if you would have paid closer attention, this never would have happened in the first place. Do you have an obligation to assist with the investigation without payment? 4. Is it appropriate for you to instruct the recordkeeper to freeze Taylor s account to prevent her from taking any more loans or in-service distributions until the issue is resolved? Case Studies in Ethics & Professionalism Page 6
Find Private Lenders Now CHAPTER 10. At Last! How To. 114 Copyright 2010 Find Private Lenders Now, LLC All Rights Reserved
CHAPTER 10 At Last! How To Structure Your Deal 114 Copyright 2010 Find Private Lenders Now, LLC All Rights Reserved 1. Terms You will need to come up with a loan-to-value that will work for your business
More informationYour eguide to getting the most from your New York Life 401(k) Savings Plan. More options for savings. For Employees
Your eguide to getting the most from your New York Life 401(k) Savings Plan More options for savings. For Employees 1 Put the 401(k) Savings Plan to work for your future No matter what your financial goals,
More informationYour eguide to getting the most from your New York Life 401(k) Savings Plan. More options for savings. For Agents
Your eguide to getting the most from your New York Life 401(k) Savings Plan More options for savings. For Agents 1 Put the 401(k) Savings Plan to work for your future No matter what your financial goals,
More informationCase Studies in Ethics
Case Studies in Ethics Alison J. Cohen, Senior Associate Ferenczy Benefits Law Center Alison J. Cohen, Senior Associate Ferenczy Benefits Law Center Alison J. Cohen, J.D., CPC, is a Senior Associate with
More informationDefined Benefit Takeover Issues
Workshop 5 Defined Benefit Takeover Issues Lynn M. Young, MSPA, EA Pinnacle Plan Design, LLC Tucson, AZ Richard Kutikoff, MSPA, FSA, EA Pacific Benefit Services, Inc. Sherman Oaks, CA Defined Benefit Takeover
More informationHOW YOU CAN INVEST YOUR MONEY IN TODAY S MARKET THROUGH PRIVATE MONEY LENDING
HOW YOU CAN INVEST YOUR MONEY IN TODAY S MARKET THROUGH PRIVATE MONEY LENDING Legal Notice Copyright Notice. All rights reserved. No part of this publication may be reproduced or transmitted in any form
More information11 Biggest Rollover Blunders (and How to Avoid Them)
11 Biggest Rollover Blunders (and How to Avoid Them) Rolling over your funds for retirement presents a number of opportunities for error. Having a set of guidelines and preventive touch points is necessary
More informationDiscover How To PROTECT Yourself From the IRS In Case You Get An Income Tax Notice or Audit
Garry L. Albert CPA PC (303) 683-7171 galbert@albertcpa.com Discover How To PROTECT Yourself From the IRS In Case You Get An Income Tax Notice or Audit Sleep Better at Night Knowing You Don t Have to Pay
More informationHOW YOU CAN SAFELY INVEST YOUR MONEY IN TODAY S MARKET THROUGH PRIVATE MONEY LENDING
HOW YOU CAN SAFELY INVEST YOUR MONEY IN TODAY S MARKET THROUGH PRIVATE MONEY LENDING Legal Notice Copyright Notice All rights reserved. No part of this publication may be reproduced or transmitted in any
More informationA survival guide to Dealing with tax credit overpayments
A survival guide to Dealing with tax credit overpayments Making sense of the law and your rights Introduction If you ve received a letter saying you ve been overpaid tax credits and demanding repayment
More informationWarehouse Money Visa Card Terms and Conditions
Warehouse Money Visa Card Terms and Conditions 1 01 Contents 1. About these terms 6 2. How to read this document 6 3. Managing your account online 6 4. Managing your account online things you need to
More informationYOUR GUIDE TO PRE- SETTLEMENT ADVANCES
YOUR GUIDE TO PRE- SETTLEMENT ADVANCES What is a pre-settlement advance? If you have hired an attorney to bring a lawsuit, and if you need cash now, you may be able to obtain a pre-settlement advance on
More informationRookie Mistake #7. What is a Capitalization Table and what does it say about my Company?
THE TECHNOLOGY VENTURE ALLIANCE Rookie Mistake #7 What is a Capitalization Table and what does it say about my Company? The Mistake Entrepreneurs are often confused when a potential investor asks to see
More informationNon-UK Transfer T2.5. Instructions for filling in this form
n-uk Transfer T2.5 Discharge form You need to fill in this to confirm that you want to transfer your benefits, or part of your benefits, to another pension arrangement based outside of the United Kingdom.
More informationRebuilding After a Storm: A Homeowners Guide to Repairing Your Home After a Disaster Strikes
Rebuilding After a Storm: A Homeowners Guide to Repairing Your Home After a Disaster Strikes REBUILDING AFTER A STORM: A Homeowners Guide to Repairing Your Home After a Disaster Strikes Rebuilding After
More informationLesson 3: Failing to Get Medical. Treatment the Right Way
Lesson 3: Failing to Get Medical Treatment the Right Way Rule: The insurance company picks the medical provider. The injured worker can request a change in treatment. When you need a doctor, of course
More informationECO155L19.doc 1 OKAY SO WHAT WE WANT TO DO IS WE WANT TO DISTINGUISH BETWEEN NOMINAL AND REAL GROSS DOMESTIC PRODUCT. WE SORT OF
ECO155L19.doc 1 OKAY SO WHAT WE WANT TO DO IS WE WANT TO DISTINGUISH BETWEEN NOMINAL AND REAL GROSS DOMESTIC PRODUCT. WE SORT OF GOT A LITTLE BIT OF A MATHEMATICAL CALCULATION TO GO THROUGH HERE. THESE
More informationWhat do other high school students know about investing?
INVESTMENT OPTIONS What do other high school students know about investing? We asked high school students to describe the weirdest get rich quick scheme they ve ever heard of. Someone told me that I could
More informationChecklist and Helpful Tips for Dealing with Liens in Personal Injury Cases
Checklist and Helpful Tips for Dealing with Liens in Personal Injury Cases Tyler H. Bridgers The Simon Law Firm, P.C. 2860 Piedmont Road NE, Suite 210 Atlanta, GA 30305 678-608-2788 tyler@simon.law georgiaclaims.com
More informationForThePeople.com Representing the People, Not the Powerful 2012 S. Florida Avenue Lakeland, FL (863)
Representing the People, Not the Powerful 2012 S. Florida Avenue Lakeland, FL 33803 (863) 680-1411 ForThePeople.com 877-667 - 4265 ATTORNEY ADVERTISING: Prior results do not gurantee or predict a similar
More informationFiduciary Breach: Avoidance and Mitigation. Bruce Ashton, Esq., APM, Partner Drinker Biddle & Reath LLP Los Angeles, CA
Fiduciary Breach: Avoidance and Mitigation Bruce Ashton, Esq., APM, Partner Drinker Biddle & Reath LLP Los Angeles, CA Agenda Setting the stage Who s a fiduciary? What are the duties? What s a fiduciary
More informationHow to Find and Qualify for the Best Loan for Your Business
How to Find and Qualify for the Best Loan for Your Business With so many business loans available to you these days, where do you get started? What loan product is right for you, and how do you qualify
More informationSTEP BY STEP GUIDE TO BECOMING A CONTRACTOR
STEP BY STEP GUIDE TO BECOMING A CONTRACTOR EVERYTHING YOU NEED TO KNOW ABOUT BECOMING A CONTRACTOR BROKEN INTO SIMPLE STEPS CONTENTS 1. Who are we?... 3 2. What exactly is a contractor?... 4 3. Deciding
More informationVideo Series: How to Profit From US Real Estate for Pennies on The Dollar Without Being a Landlord or Fixing or Rehabbing Anything
Video Series: How to Profit From US Real Estate for Pennies on The Dollar Without Being a Landlord or Fixing or Rehabbing Anything Video 1 Tax Lien And Tax Deed Investment View the video 1 now: www.tedthomas.com/vid1
More informationHow to Stop and Avoid Foreclosure in Today's Market
How to Stop and Avoid Foreclosure in Today's Market This Guide Aims To Help You Navigate the foreclosure process [Type the company name] Discover all of your options [Pick the date] Find the solution or
More informationSTOP RENTING AND OWN A HOME FOR LESS THAN YOU ARE PAYING IN RENT WITH VERY LITTLE MONEY DOWN
STOP RENTING AND OWN A HOME FOR LESS THAN YOU ARE PAYING IN RENT WITH VERY LITTLE MONEY DOWN 1. This free report will show you the tax benefits of owning your own home as well as: 2. How to get pre-approved
More informationTOP 10 TIPS TO PROTECT YOUR
TOP 10 TIPS TO PROTECT YOUR Life Savings from unethical financial advisors Choosing an investment advisor to manage your retirement portfolio is a big decision one that will directly affect how comfortably
More informationDoes your club reconcile your bivio records every month?
Audit Party! Auditing Your Club Records Does your club reconcile your bivio records every month? Poll 1- True Confessions Poll 2- Are You Planning to Do Your Club Audit this Weekend? What is an Audit?
More informationThe figures in the left (debit) column are all either ASSETS or EXPENSES.
Correction of Errors & Suspense Accounts. 2008 Question 7. Correction of Errors & Suspense Accounts is pretty much the only topic in Leaving Cert Accounting that requires some knowledge of how T Accounts
More informationForThePeople.com Representing the People, Not the Powerful 107 South Fifth St. Paducah, KY (270)
Representing the People, Not the Powerful 107 South Fifth St. Paducah, KY 42001 (270) 558-6870 ForThePeople.com 877-667 - 4265 ATTORNEY ADVERTISING: Prior results do not gurantee or predict a similar outcome
More informationClub Accounts - David Wilson Question 6.
Club Accounts - David Wilson. 2011 Question 6. Anyone familiar with Farm Accounts or Service Firms (notes for both topics are back on the webpage you found this on), will have no trouble with Club Accounts.
More informationHow to Stop and Avoid Foreclosure in Today's Market
How to Stop and Avoid Foreclosure in Today's Market This Guide Aims To Help You Navigate the foreclosure process [Type the company name] Discover all of your options [Pick the date] Find the solution or
More information10 Errors to Avoid When Refinancing
10 Errors to Avoid When Refinancing I just refinanced from a 3.625% to a 3.375% 15 year fixed mortgage with Rate One (No financial relationship, but highly recommended.) If you are paying above 4% and
More informationRetirement Plan of Conoco GALLUP, NEW MEXICO
Retirement Plan of Conoco GALLUP, NEW MEXICO The Painted Desert is in the Four Corners area within the Navajo Nation who have lived in the region for at least five hundred years. ROUTE 66 AT 35 31'25"N
More informationSWOT Analysis for the Retirement Industry
FEATURE SWOT Analysis for the Retirement Industry A WBC session featuring three thought leaders takes a freewheeling look at the state of the industry today. BY JOHN ORTMAN 20 PLAN CONSULTANT FALL 2015
More informationyourmoney a guide to managing your credit and debt Volume 6 Life After Debt
yourmoney a guide to managing your credit and debt Volume 6 Life After Debt Call InCharge Debt Solutions today at 1-877-544-9126 or contact us at www.incharge.org Life After Debt You can do it. A life
More informationHow and When to Pay Plan Expenses with Plan Assets Tom Bastin, JD, LLM, AIF, CEBS, Managing Director, Southeast Region.
November 2018 How and When to Pay Plan Expenses with Plan Assets Tom Bastin, JD, LLM, AIF, CEBS, Managing Director, Southeast Region Some retirement plan expenses can be paid for with plan assets but many
More informationMonthly Treasurers Tasks
As a club treasurer, you ll have certain tasks you ll be performing each month to keep your clubs financial records. In tonights presentation, we ll cover the basics of how you should perform these. Monthly
More informationBECOME THE KEY TO YOUR CLIENTS WEALTH PRESERVATION
COVER STORY BECOME THE KEY TO YOUR CLIENTS WEALTH PRESERVATION HOW TO USE LPL S HELP TO LEAVE NO OPPORTUNITY BEHIND PLAN 32 LPL Magazine Winter 2016 Only 18% of affluent investors are receiving estate
More informationASPPAJournal. Document Restatement Strategies THE
SPRING 2009 :: VOL 39, NO 2 ASPPAJournal ASPPA s Quarterly Journal for Actuaries, Consultants, Administrators and Other Retirement Plan Professionals Document Restatement Strategies by Amy L. Cavanaugh,
More informationBuilding Your Future. with the Kohl s 401(k) Savings Plan. Kohl s supports planning for your financial future with increased confidence.
Building Your Future with the Kohl s 401(k) Savings Plan Kohl s supports planning for your financial future with increased confidence. FINANCIAL Me? Save for Retirement? YES. THE MOST IMPORTANT REASON
More informationMAKING REGULAR OVERSEAS PAYMENTS A GUIDE TO INTERNATIONAL PAYMENTS
MAKING REGULAR OVERSEAS PAYMENTS A GUIDE TO INTERNATIONAL PAYMENTS CONTENTS 1 Managing the Cost of Currency 2 Top Tips for Regular Payments Overseas 3 Timing is everything 4 Caxton Premier A New Standard
More informationHow Much House Can You Afford?
03 4580 CH02 4/4/06 4:11 PM Page 15 How Much House Can You Afford? 2 Chapter In This Chapter Calculating your total income and monthly expenses Finding your appropriate price range or knowing how much
More informationAudit survival tips for retirement plans
Institutional Retirement and Trust Audit survival tips for retirement plans By Tom Swain, FSA, EA, FCA, MAAA, Bryan, Pendleton, Swats & McAllister, LLC (BPS&M) Although only a small fraction of retirement
More information4 BIG REASONS YOU CAN T AFFORD TO IGNORE BUSINESS CREDIT!
SPECIAL REPORT: 4 BIG REASONS YOU CAN T AFFORD TO IGNORE BUSINESS CREDIT! Provided compliments of: 4 Big Reasons You Can t Afford To Ignore Business Credit Copyright 2012 All rights reserved. No part of
More informationJohn Hancock s ERISA 408(b)(2) Disclosure
John Hancock s ERISA 408(b)(2) Disclosure John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company or New York are collectively referred to as John Hancock. Page 1 The following
More informationWhat really matters to women investors
JANUARY 2014 What really matters to women investors Exploring advisor relationships with and the Silent Generation. INVESTED. TOGETHER. Certainly a great deal has been written about women and investing
More informationA Complex Simplification of the CDS Market
A Complex Simplification of the CDS Market CDS is once again (still) in the spotlight. We have moved on from debating whether or not a Credit Event has occurred in the Hellenic Republic, to concerns about
More informationCommon Scams To Avoid When Buying A Car:
Common Scams To Avoid When Buying A Car: How Not To Get Ripped Off When Buying A Car It s no secret that car dealers have an unshakable reputation for shady deals, dishonest stunts, dirty tricks, tomfoolery,
More informationLife insurance can help you take care of your family s future. LIFE INSURANCE FOR WOMEN OVERVIEW IFS-A IFS-A077912
Life insurance can help you take care of your family s future. LIFE INSURANCE FOR WOMEN QUICK OVERVIEW QUOTES OVERVIEW IFS-A077912 IFS-A077912 YOU RE EVERYTHING TO THEM Taking care of your family is what
More informationWhat retirement plan sponsors value most from financial advisors
FINANCIAL PROFESSIONAL A winning combination What retirement plan sponsors value most from financial advisors A research study TABLE OF CONTENTS 1 Background and methodology 2 Key findings 5 The advisor
More informationHow and When to Pay Plan Expenses with Plan Assets Tom Bastin, JD, LLM, AIF, CEBS, Managing Director, Southeast Region.
November 2018 How and When to Pay Plan Expenses with Plan Assets Tom Bastin, JD, LLM, AIF, CEBS, Managing Director, Southeast Region Some retirement plan expenses can be paid for with plan assets but many
More informationThe Limited Liability Company Guidebook
The Limited Liability Company Guidebook Copyright 2017, Breglio Law Office, LLC Breglio Law Office 234 E 2100 South Salt Lake City, UT 84115 (801) 560-2180 admin@bregliolaw.com Thanks for taking some time
More informationForThePeople.com Representing the People, Not the Powerful 1 Commerce Square, 26th Floor Memphis, TN (901)
Representing the People, Not the Powerful 1 Commerce Square, 26th Floor Memphis, TN 38103 (901) 333-1900 ForThePeople.com 877-667 - 4265 ATTORNEY ADVERTISING: Prior results do not gurantee or predict a
More informationQUANTUM SALES COMPENSATION Designing Your Plan (How to Create a Winning Incentive Plan)
QUANTUM SALES COMPENSATION Designing Your Plan (How to Create a Winning Incentive Plan) Good morning, everyone. Welcome to our third installment of Master Classes on Sales Compensation Design with the
More informationRich at any age: In your 40s
Page 1 of 6 Rich at any age: In your 40s Your head is finally above water! It s time to make some growth moves by David Hodges July 2nd, 2015 From the Summer 2015 issue of the magazine. People like to
More informationYour Year-End Tax Planning Guide
Your Year-End Tax Planning Guide Taxes aren t America s favorite thing. Thirty-seven percent of people would move to a different country if it meant a tax-free future, 24% would get an IRS tattoo and 15%
More informationSix Alternatives to Traditional Holiday Gifts. Member FINRA/SIPC
Six Alternatives to Traditional Holiday Gifts Gifts That Pay Off We ve all been there. A holiday is approaching, and you need to purchase a holiday gift. Or maybe it s a present to mark a special occasion
More informationRetirement education. Understand how we connect with your participants and how you can help.
Retirement education Understand how we connect with your participants and how you can help. As a retirement plan sponsor, you have a big job and a long list. Education for your plan participants may rise
More informationFiduciary Duties. Welcome to this podcast on Fiduciary Duties written by Amanda Seager and read by Lois Alexander.
Fiduciary Duties Welcome to this podcast on Fiduciary Duties written by Amanda Seager and read by Lois Alexander. Fiduciary duties arise in particular types of relationship. One example is the relationship
More informationLimited Liability Companies
I have discussed various for-profit business structures for authors including sole proprietorships, partnerships and corporations. You may have heard about another type of business structure called a Limited
More informationManager s Conference Minutes Portsmouth City Council July 14, :20 p.m.
Manager s Conference Minutes Portsmouth City Council July 14, 2014 7:20 p.m. 1. General Discussion Councilman Kalb motioned to bring back the Reduction in Income Tax Credit, paying other municipalities
More informationIB Interview Guide: Case Study Exercises Three-Statement Modeling Case (30 Minutes)
IB Interview Guide: Case Study Exercises Three-Statement Modeling Case (30 Minutes) Hello, and welcome to our first sample case study. This is a three-statement modeling case study and we're using this
More informationThe Problems With Reverse Mortgages
The Problems With Reverse Mortgages On Monday, we discussed the nuts and bolts of reverse mortgages. On Wednesday, Josh Mettle went into more detail with some of the creative uses for a reverse mortgage.
More information5 Biggest Mistakes Most Home Buyers Make
5 Biggest Mistakes Most Home Buyers Make And 3 Guaranteed Ways to Get Approved for a Home Loan This Complementary Special Report was prepared by: 2 5 Biggest Mistake Home Buyers Make Purchasing a home
More informationThe Ultimate 401(k) Plan Design Guide for Plan Sponsor and Advisors Why you have a 401k and how to get the most out of your 401k Plan
The Ultimate 401(k) Plan Design Guide for Plan Sponsor and Advisors Why you have a 401k and how to get the most out of your 401k Plan www.401kfiduciarynews.com Your plan design will depend on many different
More informationGroup Investing - It s a Whole New Business! Part 1
by Eugene Trowbridge, JD, CCIM Gene Trowbridge, JD, CCIM, has been involved in the commercial and investment real estate industry since 1975. He operates his own firm, in Southern California. He has authored
More informationTRADE FOREX WITH BINARY OPTIONS NADEX.COM
TRADE FOREX WITH BINARY OPTIONS NADEX.COM CONTENTS A WORLD OF OPPORTUNITY Forex Opportunity Without the Forex Risk BINARY OPTIONS To Be or Not To Be? That s a Binary Question Who Sets a Binary Option's
More informationOLD MUTUAL SUPERFUND PRESERVER
OLD MUTUAL SUPERFUND PRESERVER MEMBER GUIDE BEING A PRESERVER MEMBER SHOWS YOUR COMMITMENT TO YOUR FINANCIAL FUTURE! Preserver allows you to continue your Old Mutual SuperFund Membership, even though you
More informationBINARY OPTIONS: A SMARTER WAY TO TRADE THE WORLD'S MARKETS NADEX.COM
BINARY OPTIONS: A SMARTER WAY TO TRADE THE WORLD'S MARKETS NADEX.COM CONTENTS To Be or Not To Be? That s a Binary Question Who Sets a Binary Option's Price? And How? Price Reflects Probability Actually,
More informationFORECLOSURES. I m behind in my mortgage payments, what should I do?
FORECLOSURES This flyer was prepared by Legal Services of Greater Miami, Inc.(LSGMI) with support from the Institute for Foreclosure Legal Assistance. LSGMI represents homeowners in foreclosure and homeowners
More informationThe Multiplier Effect
The Multiplier Effect As you work through your AP Macroeconomics review, you ll find that the multiplier effect plays a vital role. The multiplier effect shows up in AP Econ in a few ways. In this post,
More informationFEATURES. 1 Joan Arnold, Pepper Hamilton. Kristy Trieste, Corsair Capital. Jay Bakst, EisnerAmper
FEATURES Joan Arnold, Pepper Hamilton Kristy Trieste, Corsair Capital Lori Evans, Birch Hill Equity Partners Jay Bakst, EisnerAmper TAX Understanding FATCA In late October PE Manager brought together four
More information401k Annual Audits: Anticipating Serious and Costly Errors, Evaluating Alternative Solutions
401k Annual Audits: Anticipating Serious and Costly Errors, Evaluating Alternative Solutions TUESDAY, DECEMBER 1, 2015, 1:00-2:50 pm Eastern IMPORTANT INFORMATION This program is approved for 2 CPE credit
More informationThe Mortgage Guide Helping you find the right mortgage for you
The Mortgage Guide Helping you find the right mortgage for you Hello. We re the Which? Mortgage Advisers team. Buying a house is the biggest financial commitment most of us ever make. And it can be stressful.
More informationSEVEN LIFE-DEFINING FINANCIAL DECISIONS
SEVEN LIFE-DEFINING FINANCIAL DECISIONS A Joint Project of The Actuarial Foundation and WISER, the Women's Institute for a Secure Retirement 5 PLANNING FOR RETIREMENT The money that you have to support
More informationUSSLC. US Student Loan Center. Published by: US Student Loan Center W. Busch Blvd. Suite 200 Tampa, FL 33549
USSLC US Student Loan Center Published by: US Student Loan Center 2803 W. Busch Blvd. Suite 200 Tampa, FL 33549 Copyright 2017 US Student Loan Center, Inc. All Rights Reserved. May be shared with copyright
More informationThe spending maze Try - Activities BBC British Council 2004
The spending maze Cut up the cards and put the number of each card on the back. Then give the students card 1 to read. 1. You work full-time in a computer business, TechnoZone. One day, you buy a one-euro
More information11 Critical Mistakes Many Entrepreneurs Make
11 Critical Mistakes Many Entrepreneurs Make Chances are YOU may be making one of them Costing you Thousands of dollars NOW and maybe even your Business tomorrow! By Paul C. Morin, PBA www.padgettnw.com
More informationWhat is Buying on Credit? What Kinds of Things Are Usually Bought on Credit? What is the Difference Between Open-End Credit and Closed-End Credit?
buying on credit What is Buying on Credit? When you buy on credit, you pay extra for the privilege of spreading your payments out over a period of time. What Kinds of Things Are Usually Bought on Credit?
More informationWestern Power Distribution: consumerled pension strategy
www.pwc.com Western Power Distribution: consumerled pension strategy Workstream 3: Stakeholder engagement Phase 2 Domestic and Business bill-payers focus groups October 2016 Contents Workstream overview
More informationLife Insurance Buyer s Guide
Contents What type of insurance should I buy? How much insurance should I buy? How long should my term life insurance last? How do I compare life insurance quotes? How do I compare quotes from difference
More informationFIRST TIME HOME BUYERS GUIDE TO SUCCESS! Presented by Mike Cordell with Platinum Realty
FIRST TIME HOME BUYERS GUIDE TO SUCCESS! Presented by Mike Cordell with Platinum Realty So where do I start? Okay so you know that you are ready to purchase your first home, but where do you start? What
More informationUK Transfer T1.4. Instructions for filling in this form
UK Transfer T1.4 Discharge form You need to fill in this to confirm that you want to transfer your benefits, or part of your benefits, to another pension arrangement registered and approved in the UK.
More informationThis is the Human-Centric Investing Podcast with John Diehl, where we look at the world of investing for the eyes of our clients. Take it away, John.
Human-Centric Investing Podcast February 2, 2019 Episode 25, Social Security: How will benefits be taxed? Host: John Diehl, John Diehl, Sr. Vice President, Strategic Markets, Hartford Funds Featured Guest:
More informationEthics and Co- Fiduciary Liability with 3(16) Services and Their Implications
Ethics and Co- Fiduciary Liability with 3(16) Services and Their Implications Ilene H. Ferenczy, Esq., CPC Ferenczy Benefits Law Center LLP 1 Agenda What Is a 3(16) Administrator Really? Decisions, Decisions
More informationA rewarding retirement plan for your small business? It s just one of the perks of the job. Guide to Small Business Retirement Plans
A rewarding retirement plan for your small business? It s just one of the perks of the job. Guide to Small Business Retirement Plans 2 Set up a retirement plan today. It s a win-win situation. Aside from
More informationHB 2463 HB 2464 B & I Committee Meeting
HB 2463 HB 2464 B & I Committee Meeting After attending the Banking and Insurance Committee on the above two listed bills, my assumption this bill was written by insurance companies for insurance companies
More informationDESTIN FIRE CONTROL DISTRICT Budget Workshop Main Station 848 Airport Road Destin, Florida. August 12, Minutes
DESTIN FIRE CONTROL DISTRICT Budget Workshop Main Station 848 Airport Road Destin, Florida August 12, 2014 Minutes Commissioners present: Staff present: Tommy Green, Hillary Anderson, Mike Buckingham,
More informationThe DOL s Proposed 408(b)(2) Regulation: Impact on Broker-Dealers and Registered Representatives
A PROFESSIONAL CORPORATION ATTORNEYS AT LAW Second in a Series The DOL s Proposed 408(b)(2) Regulation: Impact on Broker-Dealers and Registered Representatives By Fred Reish, Bruce Ashton and Debra Davis
More informationPROFITING WITH FOREX: BONUS REPORT
PROFITING WITH FOREX: BONUS REPORT PROFITING WITH FOREX: The Most Effective Tools and Techniques for Trading Currencies BIG PROFITS COME FROM LETTING YOUR WINNERS RUN S. Wade Hansen Two axioms pervade
More informationRic was named Best Talk Show Host in 1993 (AIR Awards) and continues to host weekly radio and television shows in Washington, D.C.
Wi$e Up Teleconference Call Budget to Save August 31, 2006 Speaker 2 Ric Edelman Jane Walstedt: Now, I'm going to turn the program over to Gail Patterson, who is part of the Women s Bureau team that plans
More informationIncome for Life #31. Interview With Brad Gibb
Income for Life #31 Interview With Brad Gibb Here is the transcript of our interview with Income for Life expert, Brad Gibb. Hello, everyone. It s Tim Mittelstaedt, your Wealth Builders Club member liaison.
More informationEthics for Actuaries: Don't Get Caught in the Middle!
Ethics for Actuaries: Don't Get Caught in the Middle! Michael B. Preston, FSPA, President Preston Actuarial Services, Inc. Mark K. Dunbar, MSPA, President Dunbar, Bender & Zapf, Inc. David M. Lipkin, MSPA,
More informationThomas H. Billeter, CPA Newsletter Fall Illinois Ave, Saint Charles, IL 60174
Thomas H. Billeter, CPA 630.377.4635 Newsletter Fall 2013 527 Illinois Ave, Saint Charles, IL 60174 Well here it is-the fall newsletter and it is still fall! Not only that-but it is coming out when I promised
More informationTHE CITY OF STREETSBORO, OHIO SPECIAL FINANCE COMMITTEE MINUTES. Monday, May 9, 2016
THE CITY OF STREETSBORO, OHIO SPECIAL FINANCE COMMITTEE MINUTES Monday, May 9, 2016 This Special Finance Committee Meeting was called to order on Monday, May 9, 2016 at 7:08 p.m. by Tim Claypoole, Chairman.
More informationGeneric Transitions. Final Expense Transition Phrases. Hospital Indemnity Transition Phrases
Transition Phrases Cheat Sheet Generic Transitions I am going to ask you some questions that may sound a little bit different. I m doing this to make sure we have all of your concerns covered as Medicare
More informationA COMMITTED CONSISTENT COMMITMENT TO BENEFITS PAYS OFF PLANSPONSOR ROUNDTABLE
Cliff McCurry Kent Callahan A COMMITTED CONSISTENT COMMITMENT TO BENEFITS PAYS OFF Brasseler USA is a privately held manufacturer of dental and medical instruments based in Savannah, Georgia. It is also
More informationQuestions to Ask a Plan Recordkeeper
Questions to Ask a Plan Recordkeeper RETIREMENT MANAGEMENT SERVICES, LLC 3/25/2015 Annemarie Keehn, ERPA, QPA, QKA This is Part I in a series on issues to consider when contemplating a change in plan vendors
More informationEndowment mortgage complaints
Endowment mortgage complaints Steps to take if you think you may have been mis-sold your endowment mortgage What you can complain about Time limits How compensation is worked out The Money Advice Service
More information