The final step of the Retirement Security (RS) Plan and 401(k) Pension Plan restatement process is to distribute your cooperative’s restated summary plan descriptions (SPDs) to plan participants. Starting Friday, January 6, restated SPDs (effective July 1, 2022) for the[…]
The deadline to submit your cooperative’s 2022 compliance questionnaire and W-2 data is February 15, 2023. Your information is used to perform nondiscrimination testing for the 401(k) Pension Plan and the Retirement Security Plan, as required by the Internal Revenue[…]
We are excited to announce the passage of this latest Consolidated Appropriations Act (CAA 2023), which President Biden signed into law on December 29, 2022, which brings limited relief for the impact of benefit limitations from a tax-qualified pension plan[…]
FutureMe, NRECA’s enhanced well-being program, is now available to support NRECA Medical Plan participants on their health journey. Participants can learn about the program at cooperative.com > My Benefits > My Insurance > FutureMe. The FutureMe page will be updated[…]