What’s been going on in the retirement & health plan fields? Here we’ll discuss the latest information & best practices for managing your plans.
By: Esther Peterson ASA, EA, MAAA The dream of a gold watch and a big retirement party is fading fast for many Americans. Our current methods of saving for retirement may no longer be enough. The Retirement Savings Disparity In early 2026, the National...
If your company offers a retirement plan, you know the IRS offers tax breaks in return. However, those tax breaks come with a caveat: your plan can’t be solely for owners and top executives. It needs to include a “fair share” of your regular employees too....
Each year the IRS sets limits on the amount an individual can contribute (known as income they defer) through elective contributions to their retirement accounts. The limit applies to any 401(k), 403(b), SAR-SEPs, and SIMPLE-IRA plans, with the total...
If you administer Defined Contribution (DC) Plans, like a 401(k), you’re likely familiar with the rigorous compliance tests associated. One of the key jobs of compliance testing is to ensure your plan is not unfairly favoring highly compensated employees...
As a plan sponsor, one of your primary duties is to ensure your plan data is organized. The start of each year presents a perfect opportunity to conduct an organizational review! Why is this important? First, unorganized data leads to compliance issues...
January 1st brings anticipation for the future, a fresh start, and a chance to get organized. And for business owners, this includes getting your business organized! Starting with the retirement-plan reporting season. It’s time again to notify your TPA of...
If you are a business owner or plan administrator who sponsors a 401(k) or 403(b) plan, there’s an important change on the horizon you’ll want to prepare for. A key change from the SECURE 2.0 Act will soon affect how many employees save for retirement – and...
When employees leave your company, their retirement plan balances don’t always go with them. Over time, those small, inactive accounts can pile up. This creates extra work, higher administrative costs, and potential compliance headaches for your team. That’s...
As a plan administrator or employer, it is your responsibility to provide specific notices and required disclosures to plan participants about their defined contribution (DC) plans. And of course, there are a number of guidelines you’re required to follow...
If you are a plan sponsor (or you’ve read Part 1 of this guide), you know that you are responsible for overseeing retirement plans (such as 401(k)s or pensions). As such, you must also provide participants with various notices throughout the year. These...