by newwatkinsross | Sep 16, 2021 | Retirement Plans
Best Practices for Missing Plan Participants In January 2021, the Department of Labor (DOL) released new guidance on dealing with missing participants – former employees with a retirement account balance. For whatever reason, the cannot be located to deliver...
by newwatkinsross | Jul 31, 2021 | Goals, Retirement Plans
Setting Olympic Sized Goals to Achieve Financial Success The 2021 Olympics are finally here! After a year-long postponement due to the pandemic, the elite athletes in the world are coming together in Tokyo to participate in 28 different sports with the hopes of...
by newwatkinsross | Mar 11, 2021 | Retirement Plans
What Business Deductions Can I Take in 2020? Set Up a Retirement Plan! Despite the pandemic, many small businesses saw profits in 2020. As they begin calculating their final tax liability, they now realize that their liability exceeds expectations. They ask themselves...
by newwatkinsross | Nov 19, 2020 | 401(K) Plans, Retirement Plans
The SECURE Act and Part-Time Employees If your plan requires employees to work 1,000 hours in a 12-month period to become eligible, you’ll soon need to start watching hours more closely. Having this 1,000-hour rule generally excludes those employees who work...
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...
