2019 ERISA Deadlines Plan Administrators Should Know About
As we move into 2019, there are important deadlines for plan administrators to note on ERISA compliance items. These items and deadlines are listed below: Please keep these important ERISA items and deadlines to ensure compliance throughout 2019. If you have any questions please contact me via email here,
Expect the First Major Changes to Retirement Plan Bills in 2019
Retirement bills that are in the works by a bi-partisan group of Senators could change 401(k) plans starting in 2019. If these bills are passed, it will be the first major change to 401(k) plans in more than a decade. These changes will make it easier for small companies to
Increased 401(k) Contribution Limits Present Opportunities for Employers
The IRS has increased the annual 401(k) contribution limits for 2019. The annual contribution limit was increased $500, to $19,000. The catch-up contribution limit remains unchanged at $6,000, resulting in a total contribution limit of $25,000 for individuals over the age of 50. Additionally, the annual compensation limit was increased,
Inaugural Employee Benefit Plan Benchmarking Survey
Barnes Dennig continually strives to go “beyond the numbers” and provide more insightful knowledge to the business community. The firm audits more than 140 plans, ranging in size from 100 to more than 3,500 participants and $300,000 to $350 million in assets. Extrapolating from U.S. Department of Labor data, Barnes
401(k) Student Loan Benefit Program Aids Employees with Student Loan Debt
Employees with Student loan debt are provided a new boon through a 401(k) Student loan benefit program with new private letter ruling under certain circumstances. The IRS made public PLR 201833012, released on August 17, 2018, which clarifies circumstances for a 401(k) plan to offer a student loan benefit program.
What Employee Benefit Plan Sponsors Need to be Talking About
On June 7, 2018, Barnes Dennig and The Rinehart Sussli Financial Group hosted a group of experienced professionals for the fifteenth Annual Employee Benefit Plan Seminar. Given that retirement plans are a valuable tool for rewarding and attracting top talent, our goal is to help the business community stay up-to-date