Nov 21, 2023 | Government Regulation, Retirement Plans
For nearly 100 years, the Davis-Bacon Act has played an important role in the lives of both federal contractors and workers. It is also important in states and municipalities that have prevailing wage ordinances. Created to address unfair labor practices in non-union...
Oct 9, 2023 | Government Regulation
As the year comes to a close, it’s crucial for employers and plan sponsors to ensure compliance with the Employee Retirement Income Security Act (ERISA). Meeting these regulations often feels complex and time-consuming, but the consequences of non-compliance make it...
Jul 19, 2023 | Government Regulation, Plan Sponsors
Whether you’re a plan sponsor, business owner, CFO, or just an interested party, it can be challenging to stay up to date with retirement plan regulations. Therefore, you may not be aware that the IRS recently provided guidance on self-correction of eligible...
Apr 20, 2023 | Government Regulation, Participants, Retirement Plans
Thanks to the recent increase in contribution limits, plan participants are rewarded for investing in their retirement plan now more than ever. While this is an important part of securing the financial future of employees, it’s equally important to ensure you are...
Jan 18, 2023 | Government Regulation
It’s official. At the end of last year, President Biden signed the bill that officially greenlit the Setting Every Community Up for Retirement Enhancement Act of 2022—better known as SECURE Act 2.0. This new legislation, which took effect on January 1st of 2023, is...
Dec 21, 2022 | Government Regulation, Plan Sponsors
When it comes to owning a business, there’s a lot to keep track of. From monitoring quality control to managing business expenses and everything in-between, you may think keeping track of your employee benefit plan records can rest at the bottom of your priority list....
