NRECA is pleased to announce that there will be no increase to the standard Retirement Security (RS) Plan base contribution rates for 2026, and the administrative fee remains unchanged at 3% of the total contribution (before any prepayment adjustment). While[…]
If your cooperative is considering the Safe Harbor provision for your 401(k) Pension Plan in 2026, contact your field representative this month. With the provision in place, your co-op’s 401(k) Plan is deemed to pass the actual deferral percentage (ADP) test. Also, plans[…]
Women have come a long way in recent history but continue to face some economic challenges—impacting their savings, investments and overall financial futures. In a recent webinar, The Financial Power of Women, Ann Blakey, a planner on the Personal Investment[…]
If your cooperative offers either the 401(k) Pension Plan or the Retirement Security (RS) Plan, starting on June 25 you will receive a Message Center alert directing you to a summary of material modifications (SMM) for each plan you offer. […]
As part of its Retirement Security (RS) Plan sponsorship and plan administration responsibilities, NRECA routinely evaluates regulatory requirements, industry benchmarks, applicable actuarial factors, and mortality table updates. This ongoing evaluation ensures the RS Plan remains in compliance with federal requirements[…]