Effective January 1, 2026, 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 7.75%. Things you and your employees should consider about loansIf your cooperative offers[…]
As announced in October, December 15, 2025, is the deadline to distribute the 2024 Group Benefits Program and 401(k) Pension Plan summary annual reports (SARs) to plan participants and beneficiaries. Download and distribute copies immediately if you haven’t already done[…]
In December and January, 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 date in NRECA’s system[…]
Restated summary plan description (SPD) documents for the NRECA Group Benefits Program plans will be released to benefits administrators starting the week of December 16, 2025. Please allow a few days for your SPDs to generate. Give them to participants[…]
NRECA is excited to announce that as a result of our negotiations with HealthEquity, a provider of health savings accounts (HSAs) for many co-ops, monthly administration fees will be waived in 2026. Administrative fees have historically been levied on a[…]