The Internal Revenue Service has issued the interest rates used to calculate Retirement Security (RS) Plan single cash payments in 2024. Different rates are used depending on when an employee earned benefits within the RS Plan. The GATT rate (30-year[…]
If you weren’t able to tune in during yesterday’s lunch and learn webinar hosted by the Personal Investment & Retirement Consulting (PIRC) team, you can now view the recording on the NRECA Employee Benefits website and share it with your[…]
In late 2023 and early 2024, as you submit 401(k) Pension Plan contributions to NRECA, remember to compare the pay date shown in NRECA’s system to the one in your payroll system. If the dates don’t match, adjust the pay[…]
December 15 is the deadline to distribute the 2022 Group Benefits Program and 401(k) Pension Plan summary annual reports (SARs) to plan participants and beneficiaries. Download and distribute a copy right away if you haven’t already done so. SARs are available[…]
The retirement compliance questionnaire and resource guide for 2023 are now available on the W-2 Salary Data & Retirement Compliance Questionnaire page of the Employee Benefits website. Also, the prerecorded 2023 Compliance Annual Reporting webinar is now available for on-demand viewing to help you[…]