Next Tuesday is the deadline to submit your cooperative’s 2021 compliance questionnaire and W-2 data, which the benefits compliance team uses to perform retirement plan nondiscrimination testing for the 401(k) Pension Plan and the Retirement Security Plan. Import your W-2[…]
The latest issue of Benefits Bulletin is online. Read about: Ways NRECA helped cooperatives meet the challenges of 2021 and how we’re continuing to work together with you to meet the challenges of 2022 in Peter Baxter’s Plan Perspective column[…]
The mid-February reporting deadline is now less than two weeks away. The benefits compliance team uses your cooperative’s annual reporting data to perform nondiscrimination testing for the 401(k) Pension Plan and the Retirement Security Plan, as required by the Internal[…]
The Retirement Security (RS) Plan and 401(k) Pension Plan follow a five-year restatement schedule outlined by the IRS. Effective July 1, 2022, the plans will be restated according to this schedule. The purpose of the restatement is to update the[…]
The Find Care & Costs tool on the Employee Benefits website was launched earlier this year to help NRECA Medical Plan participants compare costs for medical procedures and services when they make health care decisions. There are two versions of[…]