In The News

12 08, 2020

PROFESSIONAL 401k PLANS

By |August 12th, 2020|In The News|Comments Off on PROFESSIONAL 401k PLANS

3 07, 2020

Greater Flexibility Added to CARES Act Distribution and Loan Availability

By |July 3rd, 2020|In The News|Comments Off on Greater Flexibility Added to CARES Act Distribution and Loan Availability

Just under three months after the CARES Act was implemented, the IRS has extended the Act’s distribution and loan availability and treatment. We have summarized a few key highlights from each notice that you, as a plan sponsor, should be aware of.

10 06, 2020

Temporary, Alternative Procedures for Spousal Consent Approved By IRS

By |June 10th, 2020|In The News|Comments Off on Temporary, Alternative Procedures for Spousal Consent Approved By IRS

While the CARES Act allows plan participants the opportunity to take greater distribution and loan amounts, it did not consider the challenges social distancing would have on plans with a qualified joint survivor annuity (QJSA) provision.

29 04, 2020

The Cares Act & Qualified Plans

By |April 29th, 2020|In The News|Comments Off on The Cares Act & Qualified Plans

We seek to keep our partners apprised of recent changes and potential legislative actions that may have an impact on the plans and plan participants we serve.

29 04, 2020

The Secure Act & Qualified Plans: Plan Setup Changes

By |April 29th, 2020|In The News|Comments Off on The Secure Act & Qualified Plans: Plan Setup Changes

The Setting Every Community Up for Retirement Enhancement Act of 2019, better known as the SECURE Act, was signed into law on Dec. 20th, 2019. These new legislative enhancements create more flexibility for new & existing plans!