Fall 2023 – Benefit Insights Newsletter Cost of Living Adjustments for 2024 Considering Changes to Your Business? Don’t Forget About Your Plan! Good News on Catch-Up Contributions! News Alert: Grace Period Extended for EFAST2 Login Credentials Upcoming Compliance Deadlines for Calendar-Year Plans Cost of Living Adjustments for 2024 Save More for Retirement in 2024…
The Employee Retirement Income Security Act ERISA requires coverage to protect the plan from losses due to fraud and dishonesty Bonds: Is your plan covered? It doesn’t hurt to double check! We’re here for you! Are Changes Needed to the Plan? Upcoming Compliance Deadlines for Calendar-Year Plans Bonds: Is your plan covered? The Employee…
Spring 2023 – Benefit Insights Newsletter Plan Participants: The More They Know, The Better Beneficiary on File? News Flash! Upcoming Compliance Deadlines for Calendar-Year Plans Plan Participants: The More They Know, The Better As a plan sponsor, do you feel your employees have a clear understanding of the company’s retirement plan? Do most utilize it…
SECURE 2.0 is a GO! In 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act increased the Required Minimum Distribution (RMD) age for retirement plan participants from age 70 1/2 to 72. Additionally, it introduced opportunities for Long Term Part Time (LTPT) employees to make deferral contributions to retirement plans in situations where…