CEOs and primary benefits administrators should look for their cooperative’s Retirement Security (RS) Plan contribution (billing) rates for 2024 to arrive by email on August 11. The new rates will apply for the plan year beginning January 1, 2024. As[…]
As announced here on May 17, the 401(k) Pension Plan’s self-directed brokerage account (SDBA) feature will transition to Charles Schwab beginning on September 1, 2023, due to Schwab’s acquisition of TD Ameritrade. The transition of existing brokerage accounts to Schwab’s[…]
Effective July 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 9.25%. Things you and your employees should consider about loansIf your cooperative offers[…]
There are numerous factors to consider as you contemplate retirement. Social Security is one of them—and it shouldn’t be an afterthought. Noreen Feddis, a planner on the Personal Investment & Retirement Consulting (PIRC) team addresses the inner workings of[…]
If you haven’t already done so, don’t forget to register for the upcoming Personal Investment & Retirement Consulting (PIRC) “lunch and learn” webinar, Things to Think About Before You Think About Retiring: Social Security and Your Retirement Strategy. Gather your[…]