The concept of a partial plan termination arises from Internal Revenue Code regulations designed to protect accrued benefits of plan participants. For a plan to maintain its qualified status, it…

The SECURE 2.0 Act of 2022 ( SECURE 2.0 ) implements many changes designed to encourage participation in qualified retirement plans. While many of these provisions have been in effect…

A competent auditor with a specialization in ERISA plan audits (“specialist CPA” going forward) can bring significant value to an audit client. But specialist CPAs can bring similar value to…

Forfeitures in a qualified retirement plan refer to the non-vested portion of employer contributions relinquished by employees when they leave a company before meeting the vesting requirements. These forfeited funds…

This November, Pension Assurance is excited to celebrate its 10-year anniversary. P/A was founded in 2014 by John Russon and Nathan Johnston who were joined by six employees. The nascent…

Tax Relief Update: The IRS has issued disaster-related extensions for specific states and counties. Use this link to verify your eligibility for extended deadlines and available relief options today: https://www.irs.gov/newsroom/tax-relief-in-disaster-situations

This Labor Day marks 50 years since the Employee Retirement Income Security Act of 1974 (ERISA) was signed into law by President Gerald Ford. The law passed in the House…

Navigating the intricacies of employee benefit plans can be a daunting task for any company, especially when it comes to understanding whether an audit is necessary. To shed light on…

The selection of a qualified plan auditor is a key fiduciary responsibility for plan administrators. A thorough audit performed by experienced plan auditors will not only assist with plan compliance…

Welcome to the new website for Pension Assurance LLP, your dedicated retirement plan audit specialist. Take a few minutes to explore the new content for a description of our services…