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...
Attention: Say goodbye to manual data inputs. Our new 401(k) Pay Payroll Integration makes managing 401(k) plan contributions easy! Managing payroll contributions in a retirement plan can be a time-consuming process. As a plan sponsor you are most likely in charge of the payroll for your business. Part of that process in a 401(k) plan mean...
Cost of Living Adjustments for 2021 | Cycle 3 Plan Document Restatements | Required Year-End Participant Notices | The CARES ACT Update | Upcoming Compliance Deadlines for Calendar-Year Plans |The SECURE Act Reminders COST OF LIVING ADJUSTMENTS FOR 2021 On October 26, 2020, the IRS announced the Cost of Living Adjustments affecting the dollar...
By: Scott Cloud, MBA, CPC and Kyle Brown, CEBS Cash balance plans are a type of defined benefit retirement savings plan that enables business owners to make significant tax-deductible contributions each year and to accumulate significant retirement savings on a tax-deferred basis. While SEPs and 401(k)/profit sharing plans – as defined...
The IRS has announced changes to retirement plan limits for 2021 Each year the Internal Revenue Service announces the cost-of-living adjustments applicable for all types of qualified retirement plans and IRAs. The various annual contribution limitations and other important indexes which govern all plans either remain unchanged...
Electronic Delivery Could Save BillionsUpcoming Compliance Deadlines for Calendar-Year PlansIRS Issues Additional Pandemic Relief Electronic Delivery Could Save Billions On May 21, 2020, the U.S. Department of Labor and the Employee Benefits Security Administration (EBSA) announced the publication of a final rule that will allow employers to...
