Making Your Retirement Plan Pay for Itself

Making Your Retirement Plan Pay for Itself By Christine M. Moehl and Randall W. Cook SAALFELD GRIGGS PC A well-run retirement plan can provide employers with many advantages, including a current tax deduction for contributions to the plan, a mechanism by which to defer the payment of income taxes for the employer and their employees,

Property Owner’s Guide to Measure 37 Claims

Property Owner’s Guide to Measure 37 Claims By Hunter B. Emerick Saalfeld Griggs PC On December 2, 2004, Measure 37 became law. This law provides new protections for some Oregon landowners whose properties are damaged by land use regulations. Those landowners who are protected by this law may receive compensation for the loss of property

Jump Start Your 401 (k) Plan with Auto Enrollment

Jump Start Your 401 (k) Plan with Auto Enrollment By Randall W. Cook SAALFELD GRIGGS PC Although 401(k) plans serve as hugely popular savings vehicles for millions of Americans each year, studies show that less than half of all eligible employees across the nation actually participate in their employer-sponsored 401(k) plan. In the age 18

It’s Time to Amend Your Retirement Plan

It’s Time to Amend Your Retirement Plan By Randall W. Cook SAALFELD GRIGGS PC As we reported in an earlier issue of Business Briefs, Congress recently enacted several new laws affecting all retirement plans. Most of the new laws, which came under the umbrella of “Pension Simplification,” make sponsoring and operating a retirement plan more

Is Your Retirement Plan Ready for the New 401 (k) Regulations?

Is Your Retirement Plan Ready for the New 401 (k) Regulations? The Internal Revenue Service (IRS) recently issued final regulations governing retirement plans that allow salary deferrals and/or matching contributions. These regulations are the first set of comprehensive regulations issued on 401(k) plans in more than a decade. All 401(k) plans must be amended to

Health Savings Accounts Help Curb Insurance Costs

Health Savings Accounts Help Curb Insurance Costs By Randall W. Cook SAALFELD GRIGGS PC As health insurance costs continue to skyrocket, many employers are exploring alternatives to traditional, 100% employer-funded group health insurance plans. For many, the solution may lie in the relatively new Health Savings Account (“HSA”), which Congress created just last year. A

Oregon’s Complex Litigation Court: Is It A Good Option For You?

Oregon’s Complex Litigation Court: Is It A Good Option For You? By Shannon Raye Martinez Saalfeld Griggs PC The landscape of how the Oregon state courts function through case procedures has been shifting in the last year. The latest change is the creation of the “Oregon Complex Litigation Court” (OCLC). This article discusses what the

Healthcare Reform: Changes for the New Year

Healthcare Reform: Changes for the New Year By Employee Benefits & Executive Compensation Practice Group The Patient Protection and Affordable Care Act (known as the “PPACA” or the “Health Care Reform Act”) brought with it a wholesale change in the way health care will be delivered in our country. While the majority of news coverage

New York Lawyer Learns Expensive Lesson

New York Lawyer Learns Expensive Lesson By Hunter B. Emerick Saalfeld Griggs PC AMEN, you say? Well, in this attorney’s sorrowful tale lies an important lesson for all businesses that serve the general public. The law calls those businesses public accommodations. That category includes attorneys, accountants, financial planners, health care professionals, insurance agents, grocers, restaurants,