Professional 401k Plans

Considering hiring a Third Party Administrator? Here are three factors you should consider. ...

Qualified Plan

The IRS released the cost of living adjustments for qualified plan limitations that will take effect on January 1, 2021. There were very few changes this year. However, while deferral limits remain the same, there was an increase to the maximum defined contribution annual addition which means a participant in a 401(k) profit sharing plan ...

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. ...

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. ...

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. ...

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! ...

CalSavers…. What You Should Know

Ratified by the California State Legislature in 2016, new laws were enacted that require certain employers to provide retirement plan benefits for their employees. ...