PEPs Offer Employers a Cost-Effective Retirement Plan Solution to Provide Their Employees an Opportunity to Save for Their Financial Future. Shrewsbury, NJ – October 9, 2023 – Since 2021, the Setting Every Community Up for Retirement Enhancement (SECURE) Act has broadened the access to retirement plans for companies of all sizes. PEPs provide employers and
NPPG announces the acquisition of Oriental Pension Consultant Inc. and Oriental Bank’s (collectively, “Oriental”) retirement plan record keeping and third-party administration line of business
A defined benefit plan is not forever. If it is not terminated at the proper time, there can be serious consequences, ranging from taxable income to substantial excise taxes. The main culprit, among others is over funding. Click thumbnail to read full article written by NPPG’s own Charles Stipelman!
Chicago, IL (Feb. 7, 2022) — The ABA Retirement Funds (“ABA RF”), sponsor of the ABA Retirement Funds Program (the “Program”), announced today the selection of NPPG Fiduciary Services, LLC (“NPPG”) to serve as a preferred provider of ERISA 3(16) Plan Administrator services to Program plan sponsors who opt to use these services for a
With NPPG serving as the pooled plan provider, the “YOUR 401(k) PLAN” PEP will deliver retirement plan services to clients in collaboration with flexPATH Strategies as the ERISA 3(38) Investment Manager, and Voya Financial, as the plan recordkeeper. NFP, a leading insurance broker and consultant, will also serve as the consultant firm for adopting plan sponsors.
Shrewsbury, NJ October 28, 2021- National Professional Planning Group, Inc. (“NPPG”) is delighted to announce the acquisition of Consulting Actuaries Incorporated (CAI) of Fairfield, New Jersey. The acquisition furthers NPPG’s strategic commitment to growth and providing a wide range of integrated services for our clients with emphasis on compliance and fiduciary services. With offices in
Pooled Employer Plan (PEP) from industry leaders supports talent retention and attraction for business owners with easier access to a qualified retirement plan and protected income investments.
This acquisition further promotes NPPG’s growth and expansion initiative as one of the country’s fastest growing and most versatile employee benefit firms.
The Secure Act which was signed into law on December 22, 2019, extended the timing for establishing a retirement plan. For Plan Years beginning after January 1, 2020, a business owner can establish a retirement plan until the due date of the tax return including extension. Retirement plans can be established for Sole Proprietors or
David K. Young Consulting, LLC (DKYC) and NPPG have expanded its partnership to gain synergies and a much broader footprint for both firms.
