Build Credibilty With Expertise

Written by Lawrence Groves


You have permission to publish this article electronically or in print, free of charge, as long asrepparttar bylines are included. A courtesy copy of your publication would be appreciated.

Build Credibility with Expertise Lawrence Groves-July 2005

As an Investment Representative you’ve worked hard to build trust with your pension clients. Now, you can solidify that long term relationship with your expertise on one ofrepparttar 148300 greatest fears of small business retirement plan sponsors.

Next to an audit, nothing frightens retirement plan sponsors more than a notification letter fromrepparttar 148301 Dept of Labor regarding inadequacies in their responses onrepparttar 148302 Form 5500 or 5500-EZ filing. Inadequacies that, if not corrected within 30 days ofrepparttar 148303 date ofrepparttar 148304 letter, would subjectrepparttar 148305 plan sponsor to substantial fines and penalties, not only fromrepparttar 148306 Dept of Labor but fromrepparttar 148307 IRS as well.

Following is a listing ofrepparttar 148308 most common filing errors that will generate a letter fromrepparttar 148309 Dept of Labor.

1. The Form 5500 Must Be Properly Signed And Dated Make sure that you haverepparttar 148310 proper signatures byrepparttar 148311 Employer and Plan Administrator and dates onrepparttar 148312 Form 5500, Form 5500-EZ, and any attached schedules that require a signature (Schedules B: Actuary; P: Trustee; and Schedule SSA; Plan Administrator).

2. The Form 5550 Must Have The Proper EIN And Plan Number (PN) It is critical thatrepparttar 148313 Employer Identification Number (EIN) used to identifyrepparttar 148314 “plan sponsor” berepparttar 148315 same year to year when completing line 2b ofrepparttar 148316 Form 5500 or Form 5500EZ.

3. The Form 5500 Filing May Not Be For A Period Greater Than 12 Months Be certainrepparttar 148317 time period entered in Part I ofrepparttar 148318 Form 5500 is not greater than twelve months. Ifrepparttar 148319 plan is not reporting on a calendar year basis, then inputrepparttar 148320 twelve-month fiscal year period inrepparttar 148321 spaces provided.

4. Use A Proper Business Code When Completing Line 2d Of The Form 5500 On Form 5500, Line 2d, be certain to enter a valid business code that best describesrepparttar 148322 nature ofrepparttar 148323 plan sponsor's business. The only business codes that are valid for use in answering Line 2d are listed inrepparttar 148324 Form 5500 filing instructions section marked “Codes for Principal Business Activity”. 5 Use The Correct Plan Characteristics Codes On Line 8 Of The Form 5500. On Form 5500, Line 8, you must check box A to indicate ifrepparttar 148325 plan is providing pension benefits. You must enterrepparttar 148326 Plan Characteristics Codes inrepparttar 148327 space provided beneath box A. These codes describerepparttar 148328 type of pension benefits provided and other features ofrepparttar 148329 plan. A list and description ofrepparttar 148330 Plan Characteristics Codes is in Section 6 ofrepparttar 148331 Instructions for Form 5500.

Incestuous relationship between football and marketing

Written by Arvind kumar


Thousands eyes were fixed. Hearts were beating hard againstrepparttar chests. Emotions was high, expectations was weighting on warrior on football field. This was a article moment for David Bekham. He has to take a direct free kick. Human wall was erected in front of football a few yards away. Opponent and helping hands were scattered around inrepparttar 148299 D-area hustling and bustling. And whistle went off.

Bekham tookrepparttar 148300 kick. It went high in air, cutting it at a very peculiar angle, 46 eyes onrepparttar 148301 field and thousands offrepparttar 148302 field were fixed onrepparttar 148303 rotating wonder. Ball takes a swirling loop and rest is history.

Some says it wasrepparttar 148304 air, some says it wasrepparttar 148305 ball who didrepparttar 148306 trick. But history has given a name to this loop, “Bend it like Bekham .” Not many loop are famous like this.

Marketing strategists and marketing need to learn a lot from football, game .What wasrepparttar 148307 price of Bekham skill. Priceless! Similarly, Marketing general deliver and perform when emotions and expectation are touching bottom. That definesrepparttar 148308 difference and worth of these super performers from mediocre. They keep their cool , eyes fixed on target regardless of tense situation around . They do unexpected which even their intense opponent do not expect it. Performers known whenrepparttar 148309 iron is red hot.

Football teaches marketerrepparttar 148310 superiority of personnel, A-team playing with 10 player against 11 player will always be one down similar, a sales force superior in number torepparttar 148311 competitor will be for better.

There would always be a fight between quality and quantity. But as marketing Guru AL Rise say that marketing general never draft their strategy based on quality of personal . That is a risky bet and Erratic performance can divestrepparttar 148312 best lay at plan.

Strategy should get success regardless of success of tactics. Similarly match of football should be won regardless of what happens inrepparttar 148313 games at all cost.

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