With a multitude of questions surrounding implementation and administration, late on a summer Friday afternoon, the IRS issued Notice 2023-62 (Notice), providing Plan Sponsors with a transition period until 2026 to implement...more
8/28/2023
/ 401k ,
403(b) Plans ,
Benefit Plan Sponsors ,
Employee Benefits ,
FICA Taxes ,
FUTA ,
IRS ,
Multiemployer Plan ,
Retirement Plan ,
Roth Conversions ,
Roth IRA ,
SECURE Act
With another National Employee Benefits Day upon us, it is a good reminder for all involved in the world of Employee Benefits to pause (take three deep breaths) and use it as an opportunity to look back at where we’ve been...more
Additional Tools for Employers to Encourage Retirement Savings-
Matching Contributions on Student Debt Payments-
One of the most eagerly anticipated provisions of the “SECURE 2.0” legislation is the ability for...more
1/30/2023
/ 401k ,
Education Expenses ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Contributions ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Private Letter Rulings ,
Retirement Plan ,
SECURE Act
Last year about this time, we wrote of how far we had come collectively in the world of employee benefits roughly one year after the onset of the COVID-19 Pandemic. We reveled at how we kept on keeping on, what we were able...more
4/5/2022
/ 401k ,
CARES Act ,
COBRA ,
Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
FSA ,
Labor Shortage ,
Popular ,
Remote Working ,
SECURE Act
As the year draws to a close, it is helpful for employers to pause to evaluate employee benefit plan amendment deadlines and other crucial fourth quarter considerations, including:...more
10/1/2021
/ 401k ,
Billing ,
Cafeteria Plans ,
CARES Act ,
Carryover Basis ,
Employee Benefits ,
Employer Group Health Plans ,
Flexible Spending Accounts ,
Health Insurance ,
MHPAEA ,
Remote Working ,
Retirement Plan ,
SECURE Act ,
W-4
Like no other event in history, the COVID-19 pandemic shined a light on the value employee benefits bring to employment. What once may have been viewed as a “fringe” benefit is now central to attracting and retaining...more