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compass with pension written on it Along with the opportunity to write off pension contributions at the prior 35 percent corporate tax rate, rising PBGC variable premiums on plan deficits have encouraged more sponsors to make contributions far above the statutory minimum. (Photo: Getty)

Sponsors of corporate defined benefit pensions have until mid September to write off voluntary contributions to plans at the former corporate tax rate, according to analysis from Goldman Sachs Asset Management.

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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