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…
Retirement Plan Government Compliance: Four Errors That “Spook” the IRS
Businesses and organizations generally offer a retirement benefit plan to attract and retain top talents. Other great benefits a plan…
What is Form 5500 & What Plan Sponsors Need to Know About It?
Employers offering a workplace qualified retirement plan have to comply with certain government rules, such as filing annual returns/reports with…
Are We Allowed to Pay 401(k) or 403(b) Plan-related Fees from Our Plan Assets?
The 401(k) and 403(b) Experts at NESA Plan Consultants regularly receive questions from plan sponsors, financial advisors, CPAs, and other…
Retirement Plans: Coronavirus-related Distributions and Self-Certification
Since late March of 2020, CARES (Coronavirus Aid, Relief, and Economic Security) Act permits plan sponsors to allow retirement plan…
Retirement Plans: 2019 Form 5500 Due July 31 Or Extension Needed
The Form 5500 is an annual return/report, filed with the U.S. Department of Labor (DOL), that contains information concerning the…