
Tracking Down Your Missing Participants
IRS and DOL have increased efforts to ensure former employees receive proper notification about defined benefit eligibility and commencement.
Jan 25, 2021
Over the past several years, both the IRS and DOL have increased enforcement efforts to ensure former employees who are vested in benefits under one or more employer defined benefit plans...
Read moreThe Setting Every Community Up for Retirement Enhancement Act (SECURE Act) signed into law on December 20, 2019 contains a provision that gives businesses extra time to establish certain new tax-qualified...
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Consolidated Appropriations Act 2021 Impact on FSA Plans
The Consolidated Appropriations Act 2021 was signed to provide relief for health and dependent care flexible spending accounts (FSAs).
Jan 07, 2021
On December 27, 2020, the Consolidated Appropriations Act, 2021 was signed into law to provide relief for health and dependent care flexible spending accounts (FSAs). Under this law, employers may choose...
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Could A New IRA program Boost Retirement Savings?
Save more for retirement (in an IRA) without affecting your paycheck? Income you earn from cash-back rewards paves a new way for a retirement savings solution.
Oct 26, 2020
Are you on target to meet your retirement savings goals? If so, congratulations! If you’re a business owner or Human Resources professional, how effectively are your employees saving for retirement? Statistically...
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Budgeting Now for 2021 to Ease Plan Concerns
Sep 28, 2020
It may be that we are starting to notice dusk arriving earlier in Central New York or that we are just hoping to wrap up 2020 and start anew, but here...
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Preparing For Effective Video Conferencing
Jul 01, 2020
In recent months, we’ve been using video conferencing for work, school, club meetings, family gatherings, and more. And, it’s probably here to stay– it’s convenient for participants and cost-efficient for plan...
Read moreWho would have guessed that in 2020 the new buzzword would be social-distancing and COVID-19 would drastically alter the sales landscape we live in? The reality is that sales professionals have been...
Read moreKey Provisions The Department of Labor, Internal Revenue Service, and Treasury issued joint regulations on May 4, 2020 that extend a number of employee benefit plan deadlines during the COVID-19 outbreak....
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CARES Act 2020: Paycheck Protection Loans as Funding for Defined Benefit Pension Plans Sponsored by Small Businesses
Apr 16, 2020
UPDATE: On April 24, 2020, President Trump signed the Paycheck Protection Program and Health Care Enhancement Act into law. The new act provides an additional $310B in funding to the Paycheck Protection...
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CARES Act 2020: Coronavirus Aid, Relief, and Economic Security Act Defined Benefit Plan Update
Apr 02, 2020
On Friday, March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). While the legislation applies to several retirement-related provisions, we’ll focus on two key...
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