By Michael L. Cecere, CPA, MST Gray, Gray & Gray, LLP Despite a few delays and some initial confusion, the Paycheck Protection Program (PPP) loan program has distributed some $350 billion in low-interest loans to small businesses across the U.S and a new round of funding is in the works to be approved shortly. The […]
Being Smart About PPP Loan Proceeds Read More »
By Michael L. Cecere, CPA, MST Gray, Gray & Gray, LLP Businesses reducing headcount during the coronavirus pandemic should be aware that choosing between a layoff or a furlough will create different impacts on the company’s retirement plan or defined benefit plan. A furlough is a short-term cessation of work for a defined period. Although
How a Layoff or Furlough Might Impact Your Employee Benefit Plan Read More »
https://www.youtube.com/embed/qpvb5uDXdqU The Defined Contribution Plan Survey results are in! Gray, Gray & Gray Partner Jim Donellon, CPA, MSA and Marty Kirshner, CPA, MSA review the overall results and share insights on select questions, plan trends, and more. Webinar content is intended for educational purposes only. Webinars provide a brief summary based on our understanding and
A Closer Look at Defined Contribution Plan Survey Results 2018 Read More »
Gray, Gray & Gray is pleased to present the results of our 2017 Defined Contribution Plan Industry Survey! Please complete the brief form below to access a PDF of the results.
Download Gray, Gray & Gray’s 2017 Defined Contribution Plan Industry Survey Results Read More »
On August 16, after a nearly ten year journey through the courts, the U.S. District Court for the Central District of California reversed an earlier decision on a landmark case and ruled that plan fiduciaries continue to have responsibility for employee benefit plans (such as 401(k) plans) even after initial investment decisions have been made.
Landmark Case on Fiduciary Role in 401(k) Plans Read More »
By Michael L. Cecere, CPA, MST If your company offers employees a benefit plan such as a 401(k), 403(b) or other type of pension, and you have 100 or more employees eligible to participate in the plan, you must submit an audited annual plan financial statement along with the annual Form 5500 to the U.S.
Is Your Company Required to Have an Employee Benefit Plan Audit? Read More »
Gray, Gray & Gray is pleased to present the results of our 2016 Defined Contribution Plan Industry Survey! Please complete the brief form below to access a PDF of the results.
Download Gray, Gray & Gray’s 2016 Defined Contribution Plan Industry Survey Results Read More »
Why a nonqualified deferred comp plan may be right for youWhat if a nonqualified deferred compensation plan (NQDCP) enabled your senior managers to replace a higher proportion of their current income when they retire? While NQDCPs often are perceived as only for top executives, they may also be right for your upper-level staff. Some considerationsThe
Why a Nonqualified Deferred Comp Plan May Be Right For You Read More »
Thousands of employers across the country have received (or soon will receive) a letter from U.S. Department of Health and Human Services (HHS) notifying them that one or more of their employees has applied for healthcare insurance through a federal Health Insurance Marketplace, and that the employee has been deemed eligible to receive a healthcare
Healthcare Premium Subsidy Notices Begin to Arrive Read More »
By Michael Cecere, CPAGray, Gray & Gray, LLP Do you know how your money is being invested? Or, if you are the one responsible for managing an investment portfolio, what assurance are you giving your clients that their money is being invested as they would wish? If you can’t answer these questions, you probably do
Having an Investment Policy Statement is… a Good Policy! Read More »