Welcome to Pension Review Services
Pension Review Services, founded in 1975, is a third party administration firm (TPA) providing the highest quality consulting and actuarial services for qualified retirement plans. We work with employers of all industries, whether a sole proprietor or a medium-sized business.
Read our latest newsletter, “Tax Credits for a New Pension Plan, Cash-Outs for Small Balances”.
View the podcast below with our Actuary, Dave Yackel, “Using a Cash Balance Plan to Save Large Pre-Tax Dollars”:
Podcast – Using a Cash Balance Plan to Save Large Pre-Tax Dollars
Claim a tax deduction and save for your retirement as well as provide your employees with a competitive benefit package. Explore the types of plans for which we can provide services.
Plan Types
We offer several plan types; each one designed to fit your needs.
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Our Services
Plan Design Services: We custom design the Plan that is right for your company
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Compliance Services: We prepare plan documents and amendments for counsel
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Actuarial and Administrative Services: We calculate contributions, perform required testing, and prepare Form 5500 Filings
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Advantages of a Qualified Plan
Why should an employer have a pension plan?
- One of the few remaining tax shelters
- Income tax deduction for contributions
- Tax-deferred return on invested assets
- Postponement of and increase options for taxation of benefits
- Motivational tool to attract and retain key employees
- Life insurance can be purchased on a pre-tax basis
- To be able to retire with dignity and not have to depend upon your children or the government
- Receive a tax credit for a new pension plan, click here to find out how
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Advantages of Using PRS
- Experienced staff
- Dedicated service
- Our sole expertise is in designing, establishing, and administering qualified pension plans; we do not do payroll, we do not do investments, we do not recordkeep investments
- We do not receive commissions from the plan’s investments
- We are consultants, not clerks. We stand out because:
- We question data we receive that doesn’t seem right or is sketchy
- We reconcile employer and employee allocations to the penny
- We include a letter with every valuation report we do which details any action the plan sponsor needs to take
- We load all important information about your Plan in ShareFile, our client portal
Advantages of a Qualified Plan
Why should an employer have a pension plan?
- One of the few remaining tax shelters
- Income tax deduction for contributions
- Tax-deferred return on invested assets
- Postponement of and increase options for taxation of benefits
- Motivational tool to attract and retain key employees
- Life insurance can be purchased on a pre-tax basis
- To be able to retire with dignity and not have to depend upon your children or the government
- Receive a tax credit for a new pension plan, click here to find out how
Read more >
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