by Deanna Fisher | Apr 9, 2020 | Uncategorized
Understanding the CARES Act On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a massive relief bill for those suffering as a result of the Coronavirus pandemic, was signed into law. Besides the generalized financial...
by Deanna Fisher | Feb 12, 2020 | Uncategorized
How the SECURE Act is Changing Retirement On December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law. The SECURE Act represents some of the most significant changes to retirement plan law since the passage of the...
by Deanna Fisher | Nov 15, 2019 | Uncategorized
The Final Rule on Hardship Distributions On Sept. 23rd, the IRS published a final rule that relaxes several existing restrictions on participant hardship distributions from defined contribution plans. Some of these changes are mandatory, requiring employers to make...
by Deanna Fisher | Nov 15, 2019 | Uncategorized
Safe Harbor 401(k) Plan Design Being the bearer of bad news isn’t fun. When the third-party administration firm relays that aspects of the annual compliance testing have failed causing many of the company’s executives to receive taxable distributions from the plan, it...
by Deanna Fisher | Nov 14, 2019 | Uncategorized
IRS Announces Limits for 2020 On November 6th, 2019, the IRS announced the cost of living adjustments affecting the dollar limitations for retirement plans. Contribution and benefit increases are based on a calculated change in the Consumer Price Index and are...
by Deanna Fisher | Aug 5, 2019 | Uncategorized
It’s All in the Design… The economy continues at its strong pace, keeping unemployment at its lowest rate in nearly 50 years. While this is usually good news, employee financial vulnerability is clouding this sunny forecast. The repercussions are impacting...
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