Retirement Plan Enrollment Best Practices

Retirement Plan Enrollment Best Practices

January 1st is possibly the biggest enrollment period for retirement plans.  After communicating to an employee that they are eligible for the plan, it’s important to be sure each employee completes the necessary forms. An enrollment form should be provided to each...
What Is a Top-Heavy Retirement Plan?

What Is a Top-Heavy Retirement Plan?

The IRS requires several annual nondiscrimination tests for defined contribution retirement plans, and the top-heavy test is one of those. A retirement plan is top-heavy when, as of the last day of the preceding plan year (the determination date), the total value of...