As announced in the December 18 issue of NRECA Employee Benefits Weekly, retirement plan nondiscrimination test results from the 2023 plan year will be archived on January 17, 2025, after 5 p.m. Eastern time. If you haven’t done so already,[…]
FutureMe, Powered by NRECA™, is kicking off its 2025 challenges with the Focus on Fiber challenge, running February 12 – March 11. This challenge supports our nutrition theme for the year, as getting enough dietary fiber provides numerous health benefits[…]
NRECA provides assistance to some tax-exempt cooperatives in the annual preparation of Internal Revenue Service (IRS) Form 990 (Return of Organization Exempt from Income Tax). NRECA’s Actuarial Services team calculates the change in actuarial value of Retirement Security Plan benefits[…]
Two recent pieces of federal legislation, which were signed into law in late December 2024, simplify Affordable Care Act (ACA) tax reporting beginning with the 2024 tax year. Under the Paperwork Burden Reduction Act, plan sponsors and employers are no[…]
If your cooperative has subgroups participating in the NRECA Medical Plan, you must submit the dollar amount of premiums paid by participants during the previous calendar year using the Employee-Paid Premiums event on the NRECA Employee Benefits website by the[…]