As a qualified retirement plan, the Retirement Security (RS) Plan is required to comply with Section 415 of the Internal Revenue Code. This longstanding federal regulation states that retirement distributions or benefits may not exceed certain limits. Unusually low interest[…]
Earlier this year, a group of financial services organizations sued the Department of Labor (DOL) seeking to invalidate the conflict of interest, or fiduciary rule published by the DOL in April 2016. In March 2018, the rule was vacated by[…]
NRECA has created a new series of infographics on financial topics to complement existing financial education resources available on NRECA’s Employee Benefits website. Benefits administrators looking to boost their cooperative employees’ awareness of financial planning topics or increase smart retirement[…]
NRECA has partnered with Health Dialog to create a 12-month incentive program for eligible NRECA Medical Plan participants with type 2 diabetes. This type 2 diabetes health management program will provide a corresponding smartphone mobile app* and incentives such as[…]
The latest lunch-and-learn webinar hosted by the Personal Investment & Retirement Consulting (PIRC) team, webcast on April 19, offered a deep dive into the value of Retirement Security Plan benefits. In addition to discussing how those benefits are calculated, and[…]