NRECA provides assistance to some tax-exempt cooperatives in the annual preparation of Internal Revenue Service (IRS) Form 990 (Return of Organization Exempt from Income Tax). NRECA’s Actuarial Services team calculates the change in actuarial value of Retirement Security Plan benefits[…]
The deadline to submit your cooperative’s 2025 compliance questionnaire and W-2 data is February 13, 2026. 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[…]
When an employee divorces, there can be numerous impacts to that individual’s employee benefits. In a change to plan policy meant to help ease financial and emotional burdens for members’ families, starting January 1, 2026, when a participant in the[…]
After the close of business (5 p.m. ET) on January 23, 2026, nondiscrimination test results from the 2024 plan year will be archived. If you have not done so already, download your cooperative’s 2024 test results to preserve them for[…]
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[…]