06.23 / [Update] Important Notice on Regulatory Compliance and Filing of Form 8955-SSA
30.23 / Important Notice on Regulatory Compliance and Filing of Form 8955-SSA
Subject: Important Notice on Regulatory Compliance and Filing of Form 8955-SSA We hope this communication finds you in good health and spirits. We are writing to inform you of a recent development regarding the filing of 2022 Form 8955-SSA with the Internal Revenue Service (IRS), and to address any concerns you may have about a…
20.23 / SECURE 2.0 is a GO! – Benefit Insights Newsletter
SECURE 2.0 is a GO! In 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act increased the Required Minimum Distribution (RMD) age for retirement plan participants from age 70 1/2 to 72. Additionally, it introduced opportunities for Long Term Part Time (LTPT) employees to make deferral contributions to retirement plans in situations where…
12.23 / Plan Participants: The More They Know, The Better
29.21 / Long-Term Part-Time Employees
Recommended Read: Plan Sponsors, Plan Trustees, Financial Advisors. As we previously informed you, the Internal Revenue Service (“IRS”) has created a new rule that will allow certain of your long-term, part-time employees to begin participating in your 401(k) plan. Under these rules, the IRS has indicated that any employees who have worked for you for…
24.20 / COVID-19
14.14 / Why You Shouldn’t Hire Your Payroll Company To Run Your 401(k) Plan

In “The Outlaw Josey Wales” Josey, played by Clint Eastwood approaches a man in a bar and asks if he is a bounty hunter (there to kill Josey). The bounty hunter replies that a man has to do something for a living and Josey replies that “dying ain’t much of a living, boy.” I have…
01.14 / Financial Advisors Need To Value The Art Of Retirement Plan Design

Back around 35 years ago, beer in this country was considered a mass produced, mass marketed business offering very low quality, light lagers. Beer was less of an alcoholic beverage and more of a slogan that was less filling or tasted great (while making Rodney Dangerfield a household name). Schlitz, which was at one point…