Our first “Ask Me Anything” lunch and learn webinar earlier this year was so popular, we ran out of time before we got through everyone’s questions. So, we’re presenting the sequel. We’ll be answering more commonly asked retirement questions during[…]
The 2021 retirement compliance questionnaire and resource guide are now available on the Employee Benefits website. Also, the 2021 Compliance Annual Reporting webinar recording is available on-demand to help you prepare your data. A Message Center notification linking to[…]
The Internal Revenue Code requires retirement and nonqualified deferred compensation 457(b) plan participants who have reached a certain age and separated from service to receive required minimum distributions from their accounts each tax year. These required minimum distribution rules generally[…]
On November 4, 2021, the Internal Revenue Service (IRS) announced benefit and contribution limits for employer-sponsored retirement plans for the 2022 tax year. The chart below summarizes the 2022 limits, with 2021 limits included for comparison. This information is available[…]
NRECA processes scheduled payments from the 401(k) Pension Plan on the 22nd of each month, which allows participants to receive their payments by the first of the following month. To accommodate year-end holiday timing, NRECA will be processing scheduled December[…]