Archive for the ‘Uncategorized’ Category

Passed in December 2019, the SECURE Act makes it easier and less expensive for business owners to establish and administer new qualified retirement plans, such as a 401(k) Plan, Profit Sharing Plan, Defined Benefit Plan and SEP-IRA. Read on to learn more about the SECURE Act of 2019 and new available options. For many years, […]

The explosion in online transactions and cloud-based record keeping has put employer-sponsored retirement plans at increased risk of exposing personally identifiable information (PII) – which is legally protected from disclosure. How can plan sponsors and service providers balance fiduciary standards with the need to store and share personal data as part of their daily operations? […]

Many 401(k)s are set up to have participants pay plan costs from plan assets. Plan sponsors may instead elect to pay plan costs out of company funds. This has benefits for both employers and employees. Click below to learn more.  

Keep your retirement plan running smoothly with the help of a TPA. A third-party administrator (TPA) can be one of the most important components of your company 401(k) — enabling you to focus on running your business, not your retirement plan. Click to learn more.          

Over the last six months, we have seen a significant increase in cyber theft in the retirement plan industry. Discovering the convenience of electronic transmissions of data and poor security policies that are common in this industry, cyber thieves have left the credit card and banking industries and have begun attacking the private retirement plan […]

When your company sponsors a qualified retirement plan, you must comply with complex rules established by the IRS and the Department of Labor. Ignore the rules and your firm could face costly penalties from federal regulators — and plan participants might sue you for mishandling trust assets. This is no time to be a do-it-yourselfer. You […]