Category: Retirement Plans
Documenting Late 401(k) Plan Deposits Due To COVID-19
The DOL has provided relief for retirement plan sponsors who have been late remitting employee…
Read More
2021 Cost of Living Adjustments for Qualified Retirement Plans
The government’s annual cost-of-living adjustments (COLA) for 2021 have been announced by the Internal Revenue…
Read More
DOL Finalizes Rule on Electronic Disclosure of Retirement Plan Documents
The Department of Labor (DOL) recently finalized a rule that makes it easier for plan…
Read More
Addressing Missed 401(k) Plan Deadlines During COVID-19
The federal government has offered relief for 401(k) plan sponsors who may have missed some…
Read More
IRS Extends Relief for 2020 RMD Waivers and Rollovers
IRS extended the deadline for retirement plan participants to return an unwanted RMD to their…
Read More
Workforce Reductions and the Impacts to Company Retirement Plans
While furloughs and layoffs have a significant and immediate impact on a company’s operations, plan…
Read More
Disclosure Requirements for Benefit Plan Assets & Liabilities (ASC 820)
The Financial Accounting Standards Board (FASB) has simplified certain disclosure requirements related to measuring the…
Read More
What Plan Sponsors Need to Know About Layoffs and Partial Plan Termination
While downsizing the workforce can help companies remain afloat, plan sponsors need to understand how…
Read More
Remote Working and Cybersecurity Considerations for Retirement Plan Sponsors
With a surge in remote working, plan sponsors need to think about protecting retirement plan…
Read More
SECURE Act: Educating Employees About What It Means for Them
The SECURE Act includes many changes designed to help strengthen employees’ retirement security, but employees…
Read More