by Bill Black, Pension Specialist | Feb 14, 2019 | Newsletters
It’s Testing Season! Qualified plans must perform annual testing to be sure that the plan doesn’t unfairly discriminate in favor of “highly compensated employees” (HCEs) or exceed the contribution limits set forth by the IRS. Depending on your plan...
by Bill Black, Pension Specialist | Nov 7, 2018 | Newsletters
Hardships Get a Little Easier Earlier this year, the Bipartisan Budget Act of 2018 was passed by Congress and signed into law. While this law made several changes that impact retirement plans, one provision changing the rules around hardship distributions is...
by Bill Black, Pension Specialist | Aug 6, 2018 | Newsletters
The Retirement Income Gap Many American workers participate in company retirement plans, methodically contributing to their accounts over time to fund for life after work. Beyond benefiting from employer-funded plans, retirees commonly draw from additional savings...
by Bill Black, Pension Specialist | May 11, 2018 | Newsletters
Who is an Employee? MAINTAINING A RETIREMENT PLAN FOR YOUR EMPLOYEES IS NO EASY TASK. At various points during the year, employers and HR departments field participant questions, help with enrollments, deliver notices and statements, and participate in the...
by Bill Black, Pension Specialist | Feb 5, 2018 | Newsletters
Navigating Distributions The first quarter of the calendar year typically sees an uptick in the number of retirement plan distributions and participant loans. This year may be even busier than most, given the relief announced by the IRS for victims of the recent...
by Bill Black, Pension Specialist | Dec 13, 2017 | Newsletters
End of the Year Checklist As the year-end approaches, our to-do lists can be lengthy. There are holidays to prepare for, employee performance reviews to complete, and, oh, wait, there is also the year-end data collection package from your TPA! We have once again...
