employees and benefits
-
May 18,2011
Once a retirement savings plan has been approved and is in place, it’s tempting to sit back and adopt an “I’m done, hands off” attitude. However, to ensure that a plan will continue to operate effectively, employers should periodically review plan provisions and features. Here are some points to check. If you are unsure whether your plan currently meets all the requirements of our checklist, or if you would like assistance reviewing your plan, please call.
-
Feb 21,2011
Retirement plans create a massive amount of paperwork. Retirement plan records include basic plan documents and adoption agreements, summary plan descriptions (SPDs), specific information about plan participants and beneficiaries, data needed to perform various tests, the tests themselves, governmental reporting, and contribution and distribution information. The Employee Retirement Income Security Act (ERISA) provides rules for retaining retirement plan records.
