Caption: From snow cones to company funded retirement plans
to cereal drives, Benchmark Award winner Southwest Power Pool offers multiple reasons for its inclusion as one of this year's Arkansas Business Best Places To Work.
Consider the aptly named Top Hat pensions David Cay Johnston examines on page 34--separately (and very well) funded retirement plans
for the guys in the comer offices.
Murphy (law and economics, Miami U., Ohio) uses case studies and examples for illustrating the proper strategies for benefit design including publicly funded retirement plans
, health care programs, life insurance, equity benefits and disability plans.
The boomers will be cashing out their funded retirement plans
at the same time they are collecting on their pay-go entitlements--putting financial demands on future generations that exceed anything experienced thus far.
Funded retirement plans
give partners the security to make practice continuation decisions that emphasize the needs of clients and staff.
There are two categories of retirement plans: unfunded plans, which have potentially enormous hidden costs, and funded retirement plans, which cost accounting firms money up front.
* A FUNDED RETIREMENT PLAN is the type that most CPAs prepare for their clients.