The Bipartisan American Miners Act of 2019 allows in-service distributions for retirement plan participants to commence at age 59 ½. However, in a defined benefit plan, to receive in-service lump sum distributions at age 59 ½, the distribution must satisfy certain thresholds. Read on to learn more about defined benefit plan lump sum distribution requirements.
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARPA), which includes relief for multiemployer pension plans.
In January 2021, the Department of Labor (DOL) released new guidance on dealing with former employees or missing plan participants.
Are you aware of your plan’s force-out provisions? How force-out’s are handled is a plan document issue and must be followed.
Learn how setting Olympic-sized goals can help you achieve success in many different areas in life, finances, and planning for your future.
There is no doubt the coronavirus has impacted decisions many workers made during 2020. Read on to recover your 401(k) post pandemic.
Employee benefit plans are required to meet a number of requirements. In this article, we review the most common mistakes.
The American Rescue Plan Act of 2021 (ARPA) was signed into law on March 11, 2021. It contains many provisions affecting pension plans.
The SECURE Act permits businesses to adopt a qualified retirement plan by the due date of the employer’s tax return, including extensions.
