What’s been going on in the retirement & health plan fields? Here we’ll discuss the latest information & best practices for managing your plans.
Pension and/or Other Post-Employment Benefit plan sponsors are considering issuing taxable Pension Obligation Bonds to close retirement plan funding gaps. Let’s discuss the benefits and risks of doing so.
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.
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.
The SECURE Act was signed into law on December 20, 2019. Your plan will require an amendment prior to the end of your 2022 plan year. Below are provisions that you will be able to elect in the plan amendment: Qualified Birth or Adoption Distribution...