Taking on the care and/or financial support of aging parents or other relatives requires more than a quick look ahead. It requires careful planning. Scott Levy, a planner on the Personal Investment & Retirement Consulting (PIRC) team addresses this issue[…]
Starting March 31, cooperatives will receive a Message Center notification linking to the quarterly NRECA Medical Plan summary of material modifications (SMM). These SMMs are effective April 1, 2023. They must be given to plan participants no later than June[…]
Effective April 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 9%. Things you and your employees should consider about loansIf your cooperative offers[…]
CVS Caremark®, NRECA’s pharmacy benefit manager, will conduct a phone survey in April of randomly selected medical plan participants who use the plan’s prescription drug benefit. This survey is designed to capture participants’ feedback on CVS Caremark’s services, such as[…]
NRECA’s recent webinar discussing IRC 415 legislative relief is now available to view online. NRECA presenters Mark Maus and Michele Gardner provide an overview of relief measures that resulted from legislative efforts on behalf of NRECA’s member cooperatives, and review[…]