Please mark your calendars to note NRECA’s schedule during the coming holidays. NRECA’s offices, including the Member Contact Center, will be closed: Friday, December 23 Monday, December 26 Monday, January 2 Additionally, there will be no issue of NRECA Employee[…]
The “Introducing FutureMe in 2023” webinar recording is now available on the NRECA Employee Benefits website. The webinar offers benefits administrators and well-being coordinators an overview of FutureMe, NRECA’s enhanced well-being program that launches January 1, 2023. You’ll learn about[…]
After the close of business on January 20, 2023, the following historical documents will be archived: Retirement plan adoption agreements dated before July 1, 2022 (the effective date of the 401(k) Pension Plan and Retirement Security Plan restatements) Nondiscrimination test[…]
Effective January 1, 2023, to comply with recent regulatory guidance, withdrawal and distribution forms developed by NRECA for the 401(k) Pension Plan and Retirement Security Plan must include IRS Forms W-4P and/or W-4R, based on the type of transaction being[…]
Effective January 1, 2023, the 401(k) Pension Plan’s loan interest rate, which is set quarterly at 1% more than the nation’s prime interest rate, will increase to 8.5%. Things you and your employees should consider about loansIf your cooperative offers[…]