Summer 2021 – The Retirement Plan Company Newsletter

Missing Participants: Ready or Not Here I Come! Safe Harbor: A Cure For Your Testing Headaches Upcoming Compliance Deadlines for Calendar-Year Plans Looking to Maximize Savings? Cash Balance Could Be the Answer! Missing Participants: Ready or Not, Here I Come! Most plan sponsors can relate to the trials and tribulations of having missing...

California’s state-mandated CalSavers retirement program versus a 401(k) plan

By: Suzan Hall, CFS® New CalSavers deadlines are approaching! New deadlines are approaching for the California state-mandated CalSavers Retirement Savings Program, requiring many small businesses without an employer-sponsored retirement plan to either register for CalSavers or establish their own plan, such as a 401(k) plan. CalSavers (previously...

Spring 2021 – TRPC Newsletter

Retirement Planning is a Team Sport Congratulations! It’s a Retirement Plan! Upcoming Compliance Deadlines for Calendar-Year Plans    Department of Labor Issues Cybersecurity Guidance Retirement Planning is a Team Sport Some would say that retirement plan administration is a team sport! Putting together technical and compliance competence...

How a Safe Harbor Contribution Provision Enhances a 401(k) Plan

By : Scott M. Cloud, MBA, CPC A well-designed 401(k) plan can help to recruit and retain employees, and – for most workers who have access to a company 401(k) plan – it serves as the primary (or only) investment vehicle to accumulate savings for retirement.  For many employers, the 401(k) plan’s effectiveness in helping owners and key personnel...

Winter 2021 – TRPC Newsletter

The MEP/PEP Debate: Are We Better Together? Upcoming Compliance Deadlines for Calendar-Year Plans Terminated Employees? Important Relief is Here. Is There Pandemic Relief For Late Deposits? The MEP/PEP Debate: Are We Better Together? When we talk about retirement plans, many employers think of single employer retirement plans. A single employer...