Each year, the IRS sets limits for pension plans. These limits are reviewed annually and adjusted for inflation. Here are some of the 2017 pension limits:
Maximum compensation for plan purposes is $270,000
Maximum monthly benefit for defined benefit plans ages 62 to 65 is the lesser of 100% of compensation or $17,916 with an annual benefit $215,000
RMC Group, a leading provider of retirement plan administration services, and PlanGen Pro, a cutting-edge retirement plan software solution, are pleased to announce their participation as exhibitors at the upcoming...
As we previously told you, section 603 of the SECURE 2.0 Act added section 414(v)(7) to the Internal Revenue Code. Section 414(v)(7) requires that catch-up contributions to 401(k) plans made...
RMC Group is pleased to announce the appointment of Bryan Foard as Retirement Plan Sales Consultant. Bryan joins RMC Group with an impressive track record of over two decades of...