{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Why Agencies Need a TPA to Help Set Up Retirement Plans, with Serena Morse","description":"Serena Morse, CPC, QPA, QKC, QKA, is Co-Owner and CEO of Carpenter Morse Group, a non producing third-party administrator that has provided administrative compliance services for qualified retirement plans nationally for over 45 years. Serena has been a leading consultant and educator in this area of study for over 20 years. She has earned several respected credentials from the American Society of Pension Professionals &amp;amp; Actuaries (ASPPA), including the Qualified Pension Administrator designation (QPA), Qualified 401(k) Consultant (QKC), Qualified 401 k Administrator designation (QKA), and the highest awarded designation from ASPPA, the Certified Pension Consultant or CPC designation. She is a proud Alumni of the University of Florida Warrington College of Business. In this week\u2019s episode, Serena breaks down tax-qualified retirement plans, the new benefits available to business owners under certain plans, and why agency owners should work with a TPA (third-party administrator) to set them up. Under the new tax code, business owners are entitled to a breadth of tax credits for contributing to their employees\u2019 retirement plans, but the regulations are complicated. To fully understand who is eligible, the exemptions, credits, limits, etc., finding a TPA like Serena who is qualified to advise you on these new retirement plan benefits is essential. What you will learn in this episode:  What is a TPA, and how does it differ from a CPA? What are tax-qualified plans, and how do they work? What every business owner should know when setting up a new plan Tax credits available under new plans Who is eligible for the new tax credits The compliance pitfalls business owners face when setting up tax-qualified plans Using your TPA to help stay on top of deadlines  Resources:  Website (business):&amp;nbsp;https:\/\/carpentermorse.com\/cmg-reviews\/ Email (Serena):&amp;nbsp;smorse@carpentermorsegroup.com  ","author_name":"The Progressive Agency Podcast","author_url":"http:\/\/theprogressiveagency.libsyn.com\/website","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/30734723\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/30734723"}