If your cooperative sponsors the NRECA 401(k) Pension Plan with the Safe Harbor provision, watch your Message Center on the Employee Benefits website. On approximately October 31, Safe Harbor notices will be released electronically to co-ops with the provision. The[…]
On July 1, 2017, the retirement plans sponsored by NRECA will be restated. Plan documents, adoption agreements, and summary plan descriptions (SPDs) for both plans will be updated, bringing the plan documents up-to-date as required by the IRS every five[…]
The latest in the “lunch and learn” webinar series offered by the Personal Investment & Retirement Consulting (PIRC) team will focus on how fees can affect retirement portfolios. PIRC planner Michael Haire will be discussing the different fees that are[…]
The Internal Revenue Service (IRS) has issued guidance allowing financial hardship distributions and loans from 401(k) Pension Plan accounts for individuals affected by Hurricane Matthew. 401(k) Plan participants who live in one of the counties identified for individual assistance by[…]
FSA/HRA Improper Payments Frequently Asked Questions are now online on the 125 Plan and HRA pages under Tax-advantaged Accounts on the Employee Benefits website. These questions will assist you as you work to resolve improper payment issues. If you have further[…]