Wednesday, February 17, 2010
The Pelion Advantage
- Pelion delivers a suite of comprehensive financial and retirement wealth solutions especially tailored to the needs of individuals and organizations.
- Our seasoned management team applies a broad range of expertise from multiple disciplines to our client's investment and financial planning needs.
- Pelion offers its clients a single source solution, incorporating an extensive list of products and services required to deliver and maintain superior financial and retirement programs.
- Our unbundled open architecture platform allows clients the flexibility to purchase only the products and services they need.
- Pelion is fully independent and has no agreements or tie-ins with any providers of funds or products requiring Pelion to sell them to its clients.
- Pelion clients have access to a diverse selection of investment choices: over 7,000 mutual funds, from numerous fund families, as well as exchange traded funds ("ETFs"), and self-directed brokerage accounts, which meet the demand for more investment choices, including structured products and independent investment advice.
- Pelion provides full cost and fee transparency to its clients.
Friday, January 8, 2010
2010 IRS Maximum Allowed 401k Contribution Announced
2010 IRS Maximum Allowed 401k Contribution Announced
The following limits are in effect for years beginning 2009 and 2010.
The 401(k) deferral limit relates to the calendar year.
The new limits are as follows: 2009 2010
Compensation Considered for Plan Benefits
$ 245,000 $ 245,000
401(k) Elective Deferral Limit (pre-tax or Roth)
$ 16,500 $ 16,500
Catch-up Contributions for 401(k) Participants Over Age 50
$ 5,500 $ 5,500
Defined Benefit Annual Maximum Benefit
$ 195,000 $ 195,000
Defined Contribution Annual Maximum Allocation
$49,000 $ 49,000
Highly Compensated Employee Definitions:
5% Owner or Any Employee With Compensation in
Prior Year Over $110,000 $110,000*
(You may choose to limit this group to
top paid 20% of all employees if more than 20% of
employee shave earnings over the threshold amount)
Key Employee Compensation (officer)
$ 160,000 $ 160,000
Social Security Taxable Wage Base
$ 106,800 $106,800
*Because the Highly Compensated Employee definition uses prior year compensation, for the 2009 Plan Year, the Highly Compensated Employees include those with compensation over $105,000 in 2008. For the 2010 Plan Year, the Highly Compensated Employees include those with compensation over $110,000 in 2009. For 2011, the Highly Compensated Employees include those with Compensation over $110,000 in 2010.
The following limits are in effect for years beginning 2009 and 2010.
The 401(k) deferral limit relates to the calendar year.
The new limits are as follows: 2009 2010
Compensation Considered for Plan Benefits
$ 245,000 $ 245,000
401(k) Elective Deferral Limit (pre-tax or Roth)
$ 16,500 $ 16,500
Catch-up Contributions for 401(k) Participants Over Age 50
$ 5,500 $ 5,500
Defined Benefit Annual Maximum Benefit
$ 195,000 $ 195,000
Defined Contribution Annual Maximum Allocation
$49,000 $ 49,000
Highly Compensated Employee Definitions:
5% Owner or Any Employee With Compensation in
Prior Year Over $110,000 $110,000*
(You may choose to limit this group to
top paid 20% of all employees if more than 20% of
employee shave earnings over the threshold amount)
Key Employee Compensation (officer)
$ 160,000 $ 160,000
Social Security Taxable Wage Base
$ 106,800 $106,800
*Because the Highly Compensated Employee definition uses prior year compensation, for the 2009 Plan Year, the Highly Compensated Employees include those with compensation over $105,000 in 2008. For the 2010 Plan Year, the Highly Compensated Employees include those with compensation over $110,000 in 2009. For 2011, the Highly Compensated Employees include those with Compensation over $110,000 in 2010.
Thursday, January 7, 2010
Pelion Subsidiaries and Affiliates
Pelion Financial Group, Inc. together with its subsidiaries and affiliates provides high quality financial services through a cohesive group of companies.
Pelion Financial Group is the parent company to:
Pelion Investment Advisors, Inc. - SEC registered Investment Advisor
Pelion Benefits, Inc. - Benefit Plan Administrators
Pelion Securities Corporation – Member of FINRA/SIPC
Pelion Futures, Inc. - Futures Trading Platform
Pelion Insurance Agency – Full Service Insurance Agency
Wednesday, January 6, 2010
About Pelion Financial Group
Pelion Financial Group is a diversified financial services company, known for integrity, entrepreneurial ideas and a commitment to excellence.
PFG’s services include trading solutions for funds and institutions, high touch trade execution to selected institutions, an emerging broker dealer program, asset advisory and asset management, administration, recordkeeping and daily valuation for retirement plans. PFG also offers insurance and complete retirement and wealth management solutions to individuals and companies.
PFG’s services include trading solutions for funds and institutions, high touch trade execution to selected institutions, an emerging broker dealer program, asset advisory and asset management, administration, recordkeeping and daily valuation for retirement plans. PFG also offers insurance and complete retirement and wealth management solutions to individuals and companies.
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