Podcast | Executive Benefits for Nonprofits
Jonny Rosch, Partner and CPA from PBMares, explores how executive benefits can be a powerful retention strategy for nonprofit organizations.
Understanding the Differences: Fidelity Bond vs. Fidelity Insurance for 401(k) Plan Sponsors
In the intricate world of 401(k) plan management, understanding the distinction between fidelity bonds and fidelity insurance is crucial. Explore how to strategically leveraging both fidelity bonds and fidelity insurance, to safeguard your plan’s assets and uphold your fiduciary responsibilities with confidence.
Uncovering the Pitfalls: What Could Go Wrong with Fidelity Bonds?
Fidelity bonds serve as a safeguard against losses caused by fraudulent or dishonest acts by individuals who handle 401(k) plan assets. Like any financial tool, there are potential pitfalls and challenges associated with fidelity bonds that could compromise your plan’s security. Learn more about what could go wrong and how you can proactively mitigate these risks.
Automatic Enrollment in a Retirement Plan – Part 2
Learn what exemptions there are from the SECURE 2., Section 101 mandating automatic enrollment for new 401(k) and 403(b) Plans.
SECURE 2.0 Act Simplified Hardship Distributions
Learn about the Securing a Strong Retirement Act of 2022 (SECURE 2.0), which allows plan sponsors of 401(k), 403(b), and Governmental 457(b) plans to accept employee self-certification as proof that necessary conditions for a hardship withdrawal have been met.
SECURE 2.0 Act – New Retirement Plan Distribution Options
Discover how SECURE 2.0 Act provides more flexibility for retirement plan participants.
How to Read and Rely on a SOC 1 Report as a Government Contractor Plan Sponsor of an Employee Benefit Plan
Understand how to read and rely on a SOC 1 report as a Government Contractor Plan Sponsor of an Employee Benefit Plan.
Can You Replace a SIMPLE IRA Plan with a 401(k) Plan Mid-Year?
There are several reasons to replace a SIMPLE plan with a 401(k) Plan. Learn how it can provide greater deferral limits, a vesting schedule for discretionary employer contributions, and plan design flexibility.
Breaking Down the Upcoming 2023 Plan Year Employee Benefit Plan Audit Requirements for Government Contractors
Change is ongoing in the world of employee benefit plans, and this year is no different. With these plans becoming increasingly complex and heavily regulated, it is crucial for government contractors to stay updated on the latest audit requirements.
Choosing an Auditor for Your Employee Benefit Plan (EBP)
Learn about the IQPA audit report requirement for large employee benefit plan and what determines if the plan is large or small.