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.
Failed ADP/ACP Test Deadline for 401(k) Corrective Distributions
Learn about the corrective distribution deadline associated with failed ADP/ACP testing related to requirements for traditional 401(k) plans that haven't adopted safe harbor provisions.
Empowering Employees: The Next Frontier in Cybersecurity for Government Contractor Employee Benefit Plans
Read about the future of Cybersecurity for Government Contractor Employee Benefit Plans.
RetirePath Virginia Registration Deadline is February 15, 2024
RetirePath Virginia, an automatic-enrollment, state-facilitated individual retirement account savings program, has a deadline to register of February 15, 2024 for eligible businesses. Businesses that fail to respond may face an annual penalty of up to $200 per eligible employee.