2024 summary annual reports (SARs) for the 401(k) Pension Plan and Group Benefits Program will be posted to the Employee Benefits website in November for distribution to participants by mid-December. Because NRECA filed extensions for both the 401(k) Pension Plan[…]
Effective October 1, 2025, the 401(k) Pension Plan’s loan interest rate, which is set quarterly at 1% more than the nation’s prime interest rate, will decrease to 8.25%. Things you and your employees should consider about loansIf your cooperative offers[…]
Annual renewals for the NRECA Group Benefits Program for the 2026 plan year are due by 11:59 p.m., Eastern time on Friday, September 26, 2025. Remember, to ensure your cooperative’s annual benefits renewal is complete you need to: If you[…]
If you haven’t done so yet, remember to send the appropriate documents to NRECA if your cooperative plans to add a new 125 Plan or health reimbursement arrangement (HRA), or make changes to its current plan(s), for 2026. The completed[…]
Do your 401(k) Pension Plan participants understand the difference between making pre-tax and Roth contributions to their 401(k) account? As participants in the 401(k) Plan, they can choose to make either type of contribution—or both. But these decisions can be[…]