Special Services

 

Glass Retirement Strategies (GRS) offers a wide range of special services tailored to meet the needs of our clients:

 

Study and Redesign Plans to Comply with New Legislation

As codes and regulations change, your plan document and administrative methodology must be adjusted to comply. Our knowledge of the very latest developments in retirement and benefit plan legislation will keep your plan in compliance while maintaining maximum operational performance.

                              

IRS Plan Audit Preparation and Representation

In the case of an IRS or DOL audit, GRS will take responsibility for the audit meeting preparation and then provide the plan with expert representation while meeting the governmental regulatory authority.

 

Plan Funding Policy Consultation

Beyond plan design and administration, our expertise extends to how a plan's assets are invested. We are available to help create a funding policy and to prepare an investment policy statement to complement your financial arrangements and guide both the plan’s internal and external investment representatives.

 

Distribution Planning

With this service, GRS will plan the distribution of a participant’s benefits in a way that maximizes the return and minimizes tax disadvantages for both participants and their beneficiaries.

 

Loan Processing

While participants can borrow money from a qualified plan, restrictions are many. GRS will complete the required documents and amortization schedules, and provide reference on legal limits and restrictions to allow participants to exercise this option within the bounds of the law.

 

Hardship Withdrawals

Like loans, hardship withdrawals are a specialized and controlled method of withdrawing money from a qualified retirement plan. At GRS, we have thorough expertise in advising clients on this activity and arranging such distributions