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Mergers & Acquisition Specialist Compass
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Regional Vice President, Sales MAP Retirement USA LLC
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BPAS
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July Business Services
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Retirement Plan Consultants
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Anchor 3(16) Fiduciary Solutions
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Compass
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Combo Retirement Plan Administrator Strongpoint Partners
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Strongpoint Partners
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Retirement Plan Administration Consultant Blue Ridge Associates
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Managing Director - Operations, Benefits Daybright Financial
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ESOP Administration Consultant Blue Ridge Associates
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BPAS
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Relationship Manager for Defined Benefit/Cash Balance Plans Daybright Financial
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Cash Balance/ Defined Benefit Plan Administrator Steidle Pension Solutions, LLC
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DC Retirement Plan Administrator Michigan Pension & Actuarial Services, LLC
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Highway Bill Brings Rise in Pension Risk
Pension Risk Matters
July 1, 2012
"[The pension provisions of the] just-passed highway bill ... could force costs upward for American businesses. For one thing, sponsors will be able to stretch out their cash outlays to buoy underfunded defined benefit plans over time. As a result, tax-deductible contributions will be smaller in the next few years, taxable income will be higher and federal tax coffers will go up by an estimated $9.4 billion over the next 10 years. In addition, [PBGC] insurance premiums ... will be higher to the tune of roughly $10 billion in the coming decade. The news is troublesome for numerous reasons."
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