Intac Actuarial Services, Inc. (INTAC), based in Woodcliff Lake, N.J., has once again been named an NJBiz Best Places to Work in the medium-sized business category. This is the fifth such recognition for the actuarial firm, which specializes in retirement plan design, implementation and administration. The award is given by NJBiz, New Jersey’s leading business journal.
Audrey Lafferty, a defined benefits and pension consultant, has joined Intac Actuarial Services, Inc. (INTAC), an Ascensus company. In her role as a pension consultant, she will serve clients who offer their employees a combination of defined benefit plans and defined contribution plans.
Until now, offering your employees a SIMPLE IRA or SEP plan might have offered strong value to your workforce, and to you as the small-business owner. However, if your company is growing or the nature of your workforce is changing, it might be time to put a 401(k) in place instead, for many reasons.
The new year promises to provide plentiful opportunities for financial advisers to gain business and to demonstrate expertise to existing clients. As you likely know, the SECURE Act was signed into law on December 20, 2019.
For the past three years, Congress has attempted to pass major retirement reform legislation. It has finally succeeded with the year-end passage of two spending packages meant to avert a government shutdown.