by Mishelle Becker, QKA, Retirement Plan Administrator | May 20, 2019 | Retirement Plans
Review Your Retirement Plan How often do you review your retirement plan? Plan errors can be costly and time-consuming, so the best way to avoid long-running errors is to periodically review the plan to ensure it’s operating in compliance. As the plan...
by Kim Trathen, Sales and Marketing Coordinator | Mar 28, 2019 | Defined Benefit Plans, Defined Contribution Plans, Retirement Plans
2019 IRS Operational Compliance List Attention qualified retirement plan sponsors: The IRS has posted the 2019 IRS Operational Compliance List. The intent is to assist plan sponsors in being aware of compliance changes effective in the upcoming year with regard to...
by Mishelle Becker, QKA, Retirement Plan Administrator | Feb 19, 2019 | 401(K) Plans, 403(B) Plans, 457 Plans, Cash Balance Plans, Defined Benefit Plans, Defined Contribution Plans, Employee Stock Ownership Plans, Profit Sharing Plans, Retirement Plans
Who Retains The Beneficiary Forms? Beneficiary designation forms are used to determine who is entitled to the defined contribution retirement plan benefits upon the death of a participant. While participants complete these forms upon entering a plan, it’s often...
by Kim Trathen, Sales and Marketing Coordinator | Feb 13, 2019 | Defined Benefit Plans, Retirement Plans
2019 Defined Benefit Plan Compliance Calendar It’s that time of year again to look ahead and think about the annual requirements for your qualified plan! Since a qualified retirement plan must meet various requirements throughout the year to retain the qualified...
by Kim Trathen, Sales and Marketing Coordinator | Jan 22, 2019 | Defined Benefit Plans, Retirement Plans
2019 GOVERNMENT SHUT DOWN AFFECTS LUMP SUM PAYMENTS FROM DEFINED BENEFIT PLANS Did you know the government shut down affects the lump sum payments from your defined benefit pension plan? If your defined benefit plan has a lump sum payment option, the plan document...
by Mishelle Becker, QKA, Retirement Plan Administrator | Dec 18, 2018 | Retirement Plans
1099-R If your retirement plan had distributions from it this year, you must report these to the participants on a Form 1099-R. A distribution will have occurred from your plan for a number of reasons including a cash or rollover distribution due to terminations,...
