OfficeMax Plans To Minimize Pension Contribution.The article reports on the plan of U.S. retailer OfficeMax to reduce its pension contribution for 2012.DavisLeviMoney Management Letter
(K) Profit Sharing Plan. That is a total pre-tax contribution of $232,000. By combining the employee and profit-sharing contributions, the consultant will be able to contribute nearly four times as much in 2023 with a Cash Balance Plan / Solo 401(K) combo compared to 2022 when his ...
On leave? How can a New York City public-school teacher be “on leave” from a position in which she was last employed a quarter of a century ago? And what does being “on leave” even mean? As with so many oddities in public education, turning to...
Under the assumption that labor income is a nominal riskless bond, the present value \(H_{it}\) is the characteristic of the pension contribution scheme \(h_{it}\) that affects the optimal allocation. Also (3) takes the standard form for the value of a self-financing portfolio where ...