Review information about the Limited Liability Company (LLC) structure and the entity classification rules related to filing as a single-member limited liability company.

Jun 9, 2023 · While some employees can be excluded from a cash balance plan, in general the plan must “cover” at least 40% of all owners + employees who have met the eligibility requirements (but …

Aug 19, 2025 · Not every LLC can use a Solo 401k. The rules are simple but strict. Get them wrong and you could face IRS penalties. The IRS has two main requirements. First, no full-time employees …

Mar 26, 2025 · Learn the rules of the Solo 401 (k) if you have a single member LLC. Plus, understand the investment retirement plan benefits, filing deadlines, and more.

Cash Balance plans, also known as "hybrid" plans, combine the high contribution limits of traditional defined benefit plans with the flexibility and portability of a 401 (k) plan.

When a participant becomes entitled to receive benefits under a cash balance plan, the benefits that are received are defined in terms of an account balance. For example, assume that a participant has an …

Nov 8, 2024 · Cash balance plan assets are qualified plan assets that are eligible for annuity payouts at retirement or lump sum distributions that can be rolled over to an IRA or 401 (k) profit-sharing plan.

Jun 1, 2023 · All states permit single-member (one-owner) limited liability companies (SMLLCs). A domestic SMLLC, by default, is a disregarded entity for federal income tax purposes.

RBC Cash Plus is available to individual investors, sole proprietorships and qualified nonprofits. Trusts and custodial accounts may participate so long as all beneficiaries are eligible.

Nov 26, 2025 · You can choose to use either the accrual basis or cash basis of accounting when initially setting up the accounting system for an LLC. Under the accrual basis, revenue is recognized when …