◀ The Principal Blog

Posts from the ‘Businesses’ category

Blogs I Wanted to Write But Couldn’t



When generating ideas for blog topics there are invariably some that you know just aren’t going to fly. For example: Similarly, there are times that an Employee Stock Ownership Plan (ESOP) is not going to work, regardless of the desire of the selling owner(s). Two situations that merit some…

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Better Never than Late: Late Retirement Windfall Lays Trap for Plan Sponsors



Since 1974, ERISA has dictated that the normal retirement date (NRD) for single employer defined benefit (DB) plans be no later than age 65. (I don’t want to say this rule is old, but the original draft defined it as “Age LXV”.)  Back then, much more focus was placed on early retirement…

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