By now you should have received a Message Center notification linking to your cooperative’s 2018 Group Benefits Program summary plan description (SPD) and summary of material modifications (SMM) documents. The distribution deadline for these notices is March 1, 2018. Follow[…]
Your cooperative’s 2017 compliance questionnaire and W-2 salary data are due on February 15, 2018. This deadline allows the benefits compliance team to finish nondiscrimination testing for your co-op’s NRECA-sponsored retirement plans in time to avoid possible tax penalties. Have[…]
An updated “401(k) Pension Plan: What You Need to Know about Hardship Withdrawals” brochure is now available for use with your participants. If your cooperative offers the hardship withdrawal option, this brochure is a resource to explain the circumstances and[…]
Register on behalf of your employees today for the January 24, 2018 installment of the PIRC team’s “lunch and learn” series that will be presented by Noreen Feddis of NRECA’s Personal Investment & Retirement Consulting (PIRC) team. The seminar will provide[…]
The final data report from NRECA to help cooperatives with Affordable Care Act (ACA) tax reporting was released last Wednesday, January 10. The report was provided to all co-ops in the NRECA Medical Plan and to those that sponsor a[…]