Non-Governmental Tax-Exempt Organizations: 401(k) or 403(b) Plan?
Whether you’re a plan sponsor, financial advisor or CPA, or other service provider in the industry, we know that there…
Three Things That Separate a Great TPA from a Good TPA
The name “Third-Party Administrator” (TPA) does not precisely express the job. Instead, a more suitable phrase would be “Retirement Plan…
401(k) and 403(b) Plans: Rules for Returning Furloughed or Laid Off Employees
As the impact of the pandemic subsides, business and organizations have begun a phased reopening in compliance with state and…
Retirement Plans: Should 10% Early Withdrawal Penalty Be Removed?
What’s one big obstacle that discourages younger people from tapping into their 401(k) or 403(b) accounts before retirement? You guessed…
SECURE Act Revisited: Qualified Birth or Adoption Withdrawal
Key Takeaways SECURE Act allows employees to withdraw up to $5,000 for birth or adoption of a child Employees can…
What Makes a Great 401(k) or 403(b) Plan?
A retirement plan is one of the most important benefits that businesses or organizations provide to their employees. As the…
CARES Act Retirement Plan Relief is Ending: What Plan Sponsors Should Know (and Do) to Prepare
Signed into law in March 2020 (oh, how time flies!), the CARES (Coronavirus Aid, Relief, and Economic Security) Act provided…
SECURE Act Revisited: Including Part-Time Employees in Retirement Plans
Signed into law in Dec. 2019, the SECURE (Setting Every Community Up for Retirement Enhancement) Act made some significant changes…
Retirement Plan Restatements: What Plan Sponsors & Advisors Need to Know
It’s that time again! About every six (6) years, the Internal Revenue Service (IRS) requires certain qualified retirement plans be…
BREAKING NEWS: IRS Releases Retirement Plan Contribution Limits for 2021
The Internal Revenue Service (IRS) just published retirement plan contribution limits for the upcoming year. Here are the highlights:Contribution and…