Your employees should consider the cons and pros of these loans. The interest rate for loans taken from the 401(k) Pension Plan will remain 4.25% during the second quarter of 2014. The prime interest rate remains 3.25%. The 401(k) Plan’s[…]
We also will look at what participants can expect in the next few months. Join us from 2-3 pm ET on June 3 for the NRECA Retiree Insurance Solutions Update webinar. The webinar will provide the latest information on the[…]
Notice must be distributed to employees by December 31 each year. Cooperatives in certain states must give the Children’s Health Insurance Program Reauthorization Act of 2009 (CHIPRA) Notice to employees in the NRECA Medical Plan. Co-ops are responsible for preparing[…]
Please begin using these new notices immediately. On May 2, the Department of Labor (DOL) released model COBRA notices that reflect additional coverage options available to COBRA-eligible individuals through state health insurance exchanges (“Marketplaces”). The model COBRA notices for the[…]
They can use this one-time window to enroll in coverage through the Health Insurance Marketplace. The Department of Health and Human Services has announced a one-time special enrollment window for individuals currently eligible for or enrolled in COBRA. These individuals[…]