Who is an Employee? / HSA vs 401(k) Spring 2018 Newsletter Who is an Employee? Employee Definitions HSA vs 401(k) Comparison Chart Upcoming Compliance Deadlines Who is an Employee? Maintaining a retirement plan for your employees is no easy task. At various points during the year, employers and HR department’s field participant questions, help with…
Navigating Distributions & Under the New Tax Law Navigating Distributions Required Minimum Distributions (RMDs) Hardships and Loans Terminated Participants Mandatory Cash-Outs Under the New Tax Law 401(k) Loan Payback Period gets extended! Re-characterizations of IRAs… Can I take a mulligan? Navigating Distributions The first quarter of the calendar year typically sees an uptick in the number…
End of the Year Checklist As the year-end approaches, our to-do lists can be lengthy. There are holidays to prepare for, employee performance reviews to complete, and, oh, wait, there is also the year-end data collection package from your TPA! We have once again reached that magical time of the year when you get to…
Retirement Plan Rx Introduction The latest news regarding retirement plans has centered around service provider fees. While fees are a highly important aspect of managing an employer-sponsored retirement plan, they are not the only metric of your overall retirement plan’s health. A low-cost retirement plan does not necessarily parallel a fruitful pension program for employees. …
Hardship Distributions from 401(k) Plans October 2014 Newsletter Manager’s office. It’s Zachary, a fairly new employee who entered the company’s 401(k) plan last month. He’s been deferring $40 a week into the plan, which means he has accumulated $160 by now. But last night his cable TV was shut off because he couldn’t afford to…