We understand that everyone is concerned about the COVID-19 (“Coronavirus”). We are as well, which is why we are taking precautions to keep our clients and our staff safe. We are committed to maintaining the quality of your service while taking every…
How the SECURE Act is Changing Retirement
View This Newsletter: How the SECURE Act is Changing Retirement How the SECURE Act is Changing Retirement On December 20, 2019, The Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law. The SECURE Act represents some…
IRS Announces Limits for 2020
View This Newsletter: IRS Announces Limits for 2020 IRS Announces Limits for 2020 On November 6, 2019, the IRS announced the cost of living adjustments affecting the dollar limitations for retirement plans. Contribution and benefit increases are based on a…
Amanda Rae Iverson chosen as one of Tucson’s 40 Under 40
Amanda Rae Iverson, CPA, MBA, PHR, SHRM-CP, APN, partner and chief operating officer at Pinnacle Plan Design, LLC has been selected as one of Tucson’s 40 Under 40 winners. The award, co-hosted by the Arizona Daily Star and the Tucson Hispanic Chamber of…
Bucket List: Retirement
View this newsletter: Bucket List: Retirement Bucket List: Retirement The economy continues at its strong pace, keeping unemployment at its lowest rate in nearly 50 years. While this is usually good news, employee financial vulnerability is clouding this sunny forecast.…
Kevin J. Donovan of Pinnacle Plan Design Receives ACOPA’s Edward E. Burrows Distinguished Achievement Award
Leading Pension Actuary Recognized for His Contributions to Retirement Plan Education TUCSON, AZ – August 9, 2019 – Kevin J. Donovan, CPA, EA, FSPA, FCA, founder and lead actuary at Pinnacle Plan Design was presented with the 2019 Edward E.…
Contempo HCM launches to provide Arizona business owners with payroll and human capital management technology
TUCSON, Ariz., June 24, 2019 – Payroll executive and entrepreneur, Lawrence Bailliere, BeachFleischman PLLC, one of Arizona’s largest locally-owned CPA firms, and Pinnacle Plan Design, LLC, a third-party administrator (TPA) for employer-sponsored qualified retirement plans, announce the formation of a…
Automatic Enrollment is on the Rise
View This Newsletter: Automatic Enrollment is on the Rise Automatic Enrollment is on the Rise With the future of Social Security in question, it is becoming ever increasingly important for workers to self-prepare for post-retirement living. Studies show that approximately…
It’s Testing Season!
View This Newsletter: It’s Testing Season! It’s Testing Season! Qualified plans must perform annual testing to be sure that the plan doesn’t unfairly discriminate in favor of “highly compensated employees” (HCEs) or exceed the contribution limits set forth by the IRS.…
Cash Only: In-Kind Contributions to Defined Benefit Plans are Often Prohibited Transactions
Defined benefit retirement plans are subject to minimum funding requirements. As a result, the actuary will provide the plan sponsor with a funding range at the close of each plan year, ranging from the minimum required contribution on the low…