February 16 is the Deadline to Submit 2020 Compliance Reporting Data

The mid-February reporting deadline is just over a week away. The benefits compliance team uses this data to perform your cooperative’s retirement plan nondiscrimination testing in time to avoid possible excise taxes. This year’s due date has been extended to Tuesday, February 16.

Import your W-2 salary data using the W-2 salary submission event on the Employee Benefits website. Use the file layout to format your data. Use the Message Center to securely send your questionnaire. Retain a full copy in your files in case NRECA needs to clarify your data.

For help with the W-2 Salary Submission or the questionnaire, contact the benefits compliance team at 866.673.2299, option 7, or pension.compliance@nreca.coop. On February 15, NRECA’s Member Contact Center is closed for the holiday, but compliance staff will be available at 703.907.6988 to answer your data reporting questions.