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...
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...
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...
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...
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...
