Budgeting Now For 2021 To Ease Plan Concerns

Sep 28, 2020 William Stuart Plan Sponsors Defined Benefit Plan

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 at...

Preparing For Effective Video Conferencing

Jul 01, 2020 Melissa Varvarezis Partner Pointers

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...

Working Sales Opportunities and
Prospecting Remotely

May 12, 2020 Jason Disco COVID-19 Partner Pointers

Who 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...

Plan Deadlines Extended During the COVID-19 Outbreak

May 08, 2020 Steve Chase Health & Welfare COVID-19

Key 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....

CARES Act 2020: Paycheck Protection Loans as Funding for Defined Benefit Pension Plans Sponsored by Small Businesses

Apr 16, 2020 Peter Faber Defined Benefit Plan COVID-19

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...

CARES Act 2020: Coronavirus Aid, Relief, and Economic Security Act Defined Benefit Plan Update

Apr 02, 2020 William Stuart Defined Benefit Plan COVID-19

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...

Health Plan Coverage and Leave Benefits Mandated by the Federal Coronavirus Act

Mar 25, 2020 Steve Chase Health & Welfare COVID-19

President Trump signed the Families First Coronavirus Response Act (FFCRA) on March 18, 2020 following its passage by both houses of Congress. FFCRA includes employer mandates for expanded leave requirements under...

Worried about Funding your Pension Plan? There are Options.

Mar 23, 2020 Jill Casey Defined Benefit Plan COVID-19 Cash Balance Plans

Every sponsor of a traditional pension plan or a cash balance plan can be impacted by the effects of COVID-19. The impact of plan investment losses and decline in business revenue...

IRS Issues COVID-19 Guidance

Mar 11, 2020 Steve Chase Health & Welfare COVID-19

In response to the rapidly developing Corona virus outbreak, the IRS has issued guidance confirming that COVID-19 testing and treatment will be considered preventive care under high deductible health plans (HDHPs). ...

Setting up your HSA Contributions

Feb 10, 2020 Hannie Spitzack HSAs Financial Education

If you have a high deductible health plan, chances are you also considered a Health Savings Account (HSA) to help pay for out-of-pocket healthcare costs. Open enrollment has come and gone,...