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Posts tagged ‘benefits’

ESOPs: Keeping it simple



“Could it really be that simple?” Ben Gates (played by Nicholas Cage), National Treasure Many, if not most, business owners believe selling their company is anything but simple. There are a myriad of options, each with their own pluses and minuses.  Just a few issues to think through: When is…

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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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