by Marketing | Nov 13, 2020 | News and Articles
As the end of the year approaches, our to-do lists become longer but our bandwidth becomes condensed. To compound matters, when you sponsor a retirement plan, you know you will be in close contact with your TPA firm about the various year-end notices that must be...
by Marketing | Nov 13, 2020 | News and Articles
Approximately every six years, the IRS requires that all qualified retirement plans update (or “restate”) their plan documents to reflect recent legislative and regulatory changes. Plan restatements are divided into staggered six-year cycles depending on...
by Marketing | Sep 7, 2020 | News and Articles
The retirement industry is gearing up for the implementation and adoption of PEPs (pooled employer plans) which were first introduced in 2020 under the SECURE Act. PEPs are similar to MEPs (multiple employer plans) in concept and structure, but will allow unrelated...
by Marketing | Apr 7, 2020 | News and Articles
On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a massive relief bill for those suffering as a result of the Coronavirus pandemic, was signed into law. Besides the generalized financial relief afforded to individuals, as...
by Marketing | Apr 7, 2020 | News and Articles
The CARES Act gives the DOL the authority to delay deadlines due to public health emergencies. The dates below are in effect as of the date of this publication. April 2020 1st Required Minimum Distributions – Regulations require that a participant must receive a...
by Marketing | Feb 14, 2020 | News and Articles
On December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law. The SECURE Act represents some of the most significant changes to retirement plan law since the passage of the Pension Protection Act of 2006, over...
