Learn how setting Olympic-sized goals can help you achieve success in many different areas in life, finances, and planning for your future.
Setting Olympic Sized Goals to Achieve Financial Success
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Articles from Our Team
What’s been going on in the retirement & health plan fields? Here we’ll discuss the latest information & best practices for managing your plans.
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Recent Articles
Getting 401(k) Participants Back in the Game in a Post Pandemic World
There is no doubt the coronavirus has impacted decisions many workers made during 2020. Read on to recover your 401(k) post pandemic.
Common Mistakes to Avoid in Your Employee Benefit Plan
Employee benefit plans are required to meet a number of requirements. In this article, we review the most common mistakes.
The American Rescue Plan of 2021: Pension Plan Benefits
The American Rescue Plan Act of 2021 (ARPA) was signed into law on March 11, 2021. It contains many provisions affecting pension plans.
What Business Deductions Can I Take In 2020? Set Up a Retirement Plan!
The SECURE Act permits businesses to adopt a qualified retirement plan by the due date of the employer’s tax return, including extensions.
SECURE Act: Plan Amendment Options
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...
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 part-time, seasonal or...
401(k) Retirement Plan Audit
Why does my 401(k) retirement plan need an audit? The 401(k) plan audit is mandated by the Employee Retirement Income Security Act (ERISA) and is intended to make sure a plan is being run correctly. The audit seeks to; (1)...
It is Time Again to Rewrite Your Defined Contributions Plans
IRS has recently announced that employers with pre-approved defined contribution plans (401(k), profit sharing and money purchase) will need to have their plan documents rewritten within the next two years. The deadline to do so is July 31, 2022. IRS goes...
CARES Act – Suspension of Loan Payment Provision
If adopted by the plan, this applies to all qualified employees still working as well as qualified furloughed employees and those on a temporary leave of absence. Loan payments due between March 27, 2020 and December 31, 2020 may be delayed for 1 year and...