In last month’s 401(k) Compliance Check, we discussed what to do if you inadvertently failed to enroll someone in your 401(k) plan. In this month’s Compliance Check, we focus on the variety of typical notices that are...more
4/20/2022
/ 401k ,
Automatic Enrollment ,
Best Practices ,
Compliance ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Fee Disclosure ,
IRS ,
QACA ,
Retirement Plan ,
Safe Harbors
On June 19, 2020, the IRS issued Notice 2020-50 (the “Notice”), which provides additional guidance regarding coronavirus distributions and loans from qualified retirement plans under the Coronavirus Aid, Relief, and Economic...more
If your company sponsors a 401(k) or 403(b) plan that allows participants to take hardship distributions, you probably had a conversation with your plan recordkeeper last year about changes to the rules on hardship...more
10/8/2019
/ 401k ,
403(b) Plans ,
Benefit Plan Sponsors ,
Deferred Compensation ,
Employee Benefits ,
Final Rules ,
Hardship Distributions ,
IRS ,
Plan Documents ,
Retirement Plan ,
Safe Harbors ,
U.S. Treasury