The Sentinel Show

Welcome back to The Sentinel Show! Today, Melissa and Kasey boldly go where this podcast hasn’t gone before: talking about investments. Specifically, we go over how cryptocurrency investments within 401(k) plans work and the risks involved when considering whether to invest in cryptocurrency, whether inside or outside of the plan itself. We aren’t investment advisors, but we are TPAs, so listen along to find out our thoughts and recommendationsfor investments within and outside of retirement plans!   Have any questions about this episode’s topic? Let us know! Visit our website for more information: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sentinel Pension (sp-tpa.com)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://sp-tpa.com/] Call us at 225-300-8478 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://www.linkedin.com/company/sentinel-pension-&-payroll/] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on Facebook ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://www.facebook.com/choosesentinel] Music by Adam Vitovsky

Welcome back to The Sentinel Show! Today, Melissa and Kasey tackle an unusual but important topic: pairing SEPs (Simplified Employee Pensions) with Cash Balance Plans. This question led to a deep dive into how these two types ofretirement plans can (and sometimes can’t) work together. Can you retroactively add a cash balance plan to a SEP? What’s the IRS rule about Form 5305? Why does the 31% combined plan limit matter? And ultimately—why might a 401(k) with a cash balance plan offer more flexibility and higher long-term savings potential than a SEP with one? Melissa and Kasey walk through the rules, limits, andreal-life scenarios to highlight the pros, cons, and tax advantages that come with these different plan combinations. Have any questions about this episode’s topic? Let us know! Visit our website for more information: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sentinel Pension (sp-tpa.com)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://sp-tpa.com/] Call us at 225-300-8478 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://www.linkedin.com/company/sentinel-pension-&-payroll/] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on Facebook ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://www.facebook.com/choosesentinel] Music by Adam Vitovsky

Welcome back to The Sentinel Show! We have a new episode for you to start your week off right. Today, Melissa and Kasey break down another acronym: RMDs, or Required Minimum Distributions. Once someone reaches a certain age, they have to take money out of their 401(k) plan, but there are many rules surrounding these distributions. How old do you have to be before these distributions are required? What amount is required? Who is responsible for these RMDs? What are best practices for participants? Listen along to get our answers to these questions and much more!   Have any questions about this episode’s topic? Let us know! Visit our website for more information: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sentinel Pension (sp-tpa.com)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://sp-tpa.com/] Call us at 225-300-8478 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://www.linkedin.com/company/sentinel-pension-&-payroll/] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on Facebook ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://www.facebook.com/choosesentinel] Music by Adam Vitovsky

Welcome back to The Sentinel Show! We have a new name and the same great content! We hope y’all have had a great summer break! This week, Kasey and Melissa catch us up on what they’ve been up to, and they also go over what happens when one business buys or sells another and how that impacts the company’s retirement plans. Can participants who have had their assets merged into another plan take a distribution or not? How does the type of business transaction impact your options and what part does the purchase agreement play in all this? Listen along to hear our answers to these questions and much more! Have any questions about this episode’s topic? Let us know! Visit our website for more information: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sentinel Pension (sp-tpa.com)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://sp-tpa.com/] Call us at 225-300-8478 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://www.linkedin.com/company/sentinel-pension-&-payroll/] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on Facebook ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://www.facebook.com/choosesentinel] Note from the editor: We had a few technical difficulties this episode, so we apologize for the quality change, but we anticipate that this will be fixed for future episodes! Music by Adam Vitovsky

Welcome back to the Sentinel Pension Show! On our final episode before we take a break for the summer, Kasey and Melissa are breaking down a topic that is widely covered in the TPA world: plans that go off the rails. Our resident plan fixers break down the governing bodies that review these plans, what they’re looking for when they come to audit plans, the safe harbor standard for deposit submissions, the types of corrections systems, and so much more! We hope y’all have a great summer and will come back to learn more with us next season! Have any questions about this episode’s topic? Let us know! Visit our website for more information: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sentinel Pension (sp-tpa.com)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://sp-tpa.com/] Call us at 225-300-8478 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://www.linkedin.com/company/sentinel-pension-&-payroll/] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on Facebook ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://www.facebook.com/choosesentinel] Music by Adam Vitovsky