Why the Time is Now for Employers to Make Pension Plan Contributions
Mercer
Published at : 15 Oct 2021
Published at : 15 Oct 2021
161 views
2
0
| Mercer | https://goo.gl/rPDhV8 | Mercer Intellectual Capital Solutions Tax Reform Pension Plan Contributions Under New Tax Laws with Paul Strella So sponsors of pension plans have a last chance to make contributions to their pension plans this year and deduct them at last year’s 35% marginal tax rate. The idea is fairly simple. If you consider a company with a calendar year tax year, and a calendar year pension plan, the company has until September 15th to make contributions to that plan and contribute them back to the 2017 plan here, and then deduct those on its 2017 tax return at the old 35% marginal rate instead of the new 21% marginal rate. This idea makes particular sense for a company that has an underfunded pension plan and is anticipating making contributions in future years. It might rather consider accelerating those contributions and making them now so it can deduct them at the old 35% marginal rate instead of the new 21% marginal rate. In addition, any contributions made now may help reduce PBGC variable premium which would be an added advantage. Now I mentioned September 15th before as the deadline. There is an argument that a calendar year tax payer would have until October 15th instead, so from a timing point of view, that’s one thing to look at. A company with a non-calendar year tax year may have an earlier deadline to make contributions because for a non-calendar year tax year, the last tax year at the 35% marginal rate actually ended in 2017, so the deadline for making contributions for the 2017 year is going to come u earlier than September 15th. So companies in that situation need to be there, their timing, finally the timing issues get a little trickier if the pension plan year and the company’s tax year are different. So anyone in that situation needs to look very carefully at the timing issues but regardless of the situation, this is a really great, attractive one-time opportunity that companies should be looking at now. Our deep expertise, powerful insights, and real-world solutions help the people and organizations we serve take steps today to secure a better tomorrow. - - - - - - - Mercer Website: https://goo.gl/rPDhV8 Twitter: @mercer https://twitter.com/mercer Facebook: @MercerInsights https://www.facebook.com/MercerInsights/ YouTube: mercervideo https://youtube.com/mercervideo |
Mercer#MercerAffordable Care Act
NEWBORN BABY BOY - 2 DAYS OLD
HOW TO REUPHOLSTER THE ARM AND BACK Of A CHAIR - ALO Upholstery
Excellent Quotes by Roman Orator Mark Tullius Cicero | Life Changing Quotes
How do I use IAM policy tags to restrict how an EC2 instance or EBS volume can be created?
TINA R3V3ALS THEY'VE BEEN W0RK1NG HARD TO BR1NG HER D0WN | SAYS H3R L1VEL1H00D IS AT R1SK | W0W
THE MATRIX AWAKENS: AN UNREAL ENGINE 5 EXPERIENCE Walkthrough Gameplay Part 1 - INTRO (PS5)
Tulp Trade Event Nord Lommerse
A US Government Official Is Telling Us That Shortages & The Supply Chain Crisis Will Last For Years
Detest - Here For You
SOF2 ReFrag:1 demonstration (by infrequent)
✨My Thirty-Seventh Edit✨💙
Headphones, Damage & More | 2021 Saudi Arabian Grand Prix F1 Race Debrief
FOC-The Tough Brets
Documents Reveal Right Wing ‘Health’ Group Made MILLIONS Promoting Bogus COVID Treatments
Pantry Organization with Cricut and The Container Store
Tutorial OMG Do you get the meaning? #shorts Funny video by Tiktomiki
Sanctified AND Sanitized
STUDIO 54 - 70's DISCO CLASSICS MIX 10 (Dynamic Version) - by francescogiovannini2.blogspot.com
MINIGUN + ROCKET LAUNCHER *ONLY* in Fortnite! (Challenge)
Panchayati Raj Part -4 | M. Laxmikanth Polity | UPSC CSE 2021/22 | The Concept | Mehla Reena
Are The Aliens From Star Wars Eclipse The Yuuzhan Vong? (A Star Wars Theory)
StarCraft 2 - How Quickly Can SCARLETT Dispose Of Noobs? (PART 4/4) | Holdout Challenge
Is Hiking Too Expensive? What We Spend and How We Save
(EVERY) MOTHER'S DAY - THE ICONIC
Stay Positive Toward Yourself | Joel Osteen
Buying 2 - Considerations to bear in mind when finding a new home
MADE A LOT OF BIG PURCHASES!
I’m here to admit, that were my medicine… ~Tiktok Compilation
James May tries a pot noodle sandwich
30 High School Hacks That Will Ease Your Life || Funny Pranks to Try at School
ΜΕLISSES live @ Summer Nostos Festival RetroFuture by Stavros Niarchos Foundation
Đặc Sản Nét Quê, Cá Chạch Đồng Nấu Lẩu Mắm "Nhâm Nhi" Vài Ly Rượu Đế | Nét Quê #263
#Sacoworld#SaudiArabia//SACO WORLD, Latest furniture collection and much more… by Exotic Designs
Intro to Third Shapes in Open G Tuning
From paralysis to allergic reactions: The injuries claimed while being treated for COVID-19
Vanilla Ninja - Incredible (official video)
Star in a Reasonably Priced Car (Suzuki Liana 1:44.8)
She's Quite a Number
I Found A Very Stupid Bot Farm That Drops Lots of Money
How Quantum Computers Work
Quo Vadis
FNF Attack - But Everyone Sings It 🎤 (Different Characters Sing It)VS Selever
Upsetting Process - Virtual Lab
M83 - My Tears Are Becoming A Sea (Official Video)
Academic Word List 570 Vocabulary
It's okay to take a break.
Adornment 2003 part1
In My Head/In Real Life || Funny Situations By 123GO! SCHOOL
