IRAs and Savings
With tax refunds and stimulus checks arriving, many of us have a small windfall of cash available and are thinking of saving it for the future. And adding it to your retirement pot is not a bad idea if you... Read more
Importance of Year End Census Information
We never want to bother you, but it is important for us to gather precise information about your employee census data and company structure. Retirement plans are required to pass complex annual compliance testing to make sure that the plan... Read more
The Best Ways to Spend Your Tax Refund
Tax season is well and truly underway in America. While it is no fun preparing a return for the IRS, many of us rather enjoy getting a check back from Uncle Sam. And with the average refund being nearly $3,000,... Read more
Should I be withholding 401(k) deferrals if my employee leaves?
Determining what counts as compensation for your plan can sometimes be confusing, especially when you are paying amounts to participants who have left employment. When someone leaves employment, you may or may not be able to use their final compensation... Read more
Retirement Plan Compliance Problems Can Be Corrected
A retirement plan is a great employee benefit. The flipside is that most types of plans are subject to numerous government regulations. So many, in fact, that it’s easy to see how an employer might fail to dot every “i”... Read more
How Does Your 401(k) Compare to the Average?
More than 97 million Americans have access to a 401(k) plan and more than $5.3 trillion is invested in those plans. You may have wondered how your plan stacks up to the competition. Let’s take a look. Average Employee Contribution:... Read more
Participant Education Center
Recently, Noble-Davis Consulting added a new section to our website called the Participant Education Center. This new section can be found under the Resource Center tab located at the top of any page on our website. The Participant Education Center... Read more
How to Calculate Your Retirement Needs in an Ever-Changing World
RETIREMENT – a golden dream far down the line for many of us. But will you ever actually be able to retire? Sadly, most Americans are simply not making enough plans for retirement. Many find themselves resigned to having to... Read more
Cycle 3 Document Restatement FAQs
Every 6 years, the IRS requires that most qualified retirement plans be restated (or re-written) to encompass legislative changes and regulatory guidance that have been issued since the last restatement cycle. Operationally, the changes are already in effect and, in... Read more
It’s Time to Restate Your Plan
Every 6 years, the IRS requires that most qualified retirement plans be restated (or re-written) to encompass legislative changes and regulatory guidance that have been issued since the last restatement cycle. Operationally, any such changes are already in effect and,... Read more
