As required by the IRS, a new “Code M” has been placed on 1099-R forms for individuals who have an outstanding 401(k) Pension Plan account loan (referred to as an offset loan) when they terminate service from the cooperative. The[…]
While the Super Bowl teams have their playbook in preparation for the big game, NRECA Medical Plan participants are offered their own playbook for prescription drug savings. NRECA’s prescription drug handbook, which we rolled out at the end of 2017,[…]
Life Strategy Counseling’s 2019 monthly webinar topics are available for your employees to mark on their calendars. The webinars, part of NRECA’s Life Strategy Counseling program, cover a variety of topics designed to support participants facing life’s challenges. Topics include[…]
The POWER Wellness team is pleased to announce the new Wellness Professional Community on cooperative.com. The Wellness Professional Community is the new go-to place for wellness professionals, such as benefits administrators and wellness coordinators, to network, share insights, exchange resources[…]
NRECA has revised its process for informing participants how working after their normal retirement date could affect their Retirement Security (RS) Plan benefits. Previously, each cooperative was responsible for mailing a copy of the legally required suspension of benefits notice[…]