The Member Contact Center will be open from 7 am to 5 pm Central time (CT) on Wednesday, November 23, but all other NRECA departments will be closed. All NRECA offices will be closed Thursday, November 24 and Friday, November[…]
NRECA runs all scheduled payments on the 22nd of each month, which allows participants to receive their payments by the first of the following month. To accommodate the holidays this year, NRECA will be processing scheduled 401(k) Pension Plan payments[…]
To change your billing frequency for 2017, you must let NRECA know by December 1. Changes will take effect January 1, 2017. If you want to keep your current billing frequency, no action is needed. To change the billing frequency[…]
If your cooperative sponsors the NRECA 401(k) Pension Plan with the Safe Harbor provision, you should have received a Message Center alert in early November with a link to your 2017 Safe Harbor notice. This notice outlines the provisions of[…]
Take action to verify compliance with 2016 maximum contribution limits for your plan participants before year end. Cooperatives sponsoring tax-exempt or governmental deferred compensation 457(b) plans for employees or for directors need to cap salary deferrals at $18,000 for 2016. Employees[…]