IRS New Pilot Inspection Program for Retirement Plans
In June 2022, the IRS began sending notices to retirement plan sponsors for examination of their employee retirement plans. This new inspection...
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Latest News - Employee Benefit Plans
DOL Issues Cybersecurity Guidance for Retirement Plans
The Department of Labor (DOL) outlined a range of practices for combatting the growing threat of cybercrime to...
Read moreSaver’s Credit: A Valuable Tool for Boosting Low-income Employees’ Retirement Plan Participation
SAVER’S CREDIT: A VALUABLE TOOL FOR BOOSTING LOW-INCOME EMPLOYEES’ RETIREMENT PLAN PARTICIPATIONBy Ellyn Bess and Beth Garner Plan sponsors...
Read moreOne-Participant 401(k) Plans
The one-participant 401(k) plan, sometimes referred to as a Solo-401(k), Solo-k, Uni-k, or One-participant-k, is not a new type of 401(k) plan....
Read moreForfeiture Accounts: Not Just Another Participant in Your 401(K) Plan
January 1st was the start of a new plan year and for many employee benefit plans and those charged with governance may take the first quarter...
Read moreIRS Issues Private Ruling on Student Loan Benefit Under 401(k) Plan
By: Cindy Love, CPA A private letter ruling released on Aug 17, 2018 by the Internal Revenue Service signals its willingness to allow companies...
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