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...

Special Edition 2020 – TRPC Newsletter

Annual Data Collection: Pandemic Edition Upcoming Compliance Deadlines for Calendar-Year Plans The SECURE Act 2.0 Annual Data Collection: Pandemic Edition The end of the year is quickly approaching which means annual data collection requests for many plan sponsors. We all know the drill by now, annual census data, an employer questionnaire, and...