by JoAnn Cassell | Nov 15, 2023 | 401k Plan Audit, 5500, Regulations & Policies
If your 401(k) plan is close to hitting “large” by DOL rules at the start of your plan year, the 80/120 rule could save you time and money. It happens. You begin a new plan year, and suddenly, you’re now a “large” 401(k) plan by Department of Labor standards....
by JoAnn Cassell | Mar 28, 2022 | Regulations & Policies, Retirement Plan
A retirement plan is one of the most valuable employee benefits you can offer. By giving your people peace of mind about the future, you’ll inspire them to new heights. But a retirement plan introduces potential for costly mistakes—and that might keep YOU up at night....
by JoAnn Cassell | Feb 18, 2022 | Regulations & Policies
In 2021, Paycheck Protection Program loan recipients were hit with two pieces of important news: First, the obvious: Many PPP loan holders entered the period when they could apply for loan forgiveness. Borrowers can apply once all loan proceeds have been used, any...
by JoAnn Cassell | May 18, 2021 | Fiduciary, Regulations & Policies
You’ve probably heard that recent litigation over breaches of fiduciary duty under the Employee Retirement Income Security Act (ERISA) has been making a stir. It’s important to recognize that fiduciaries of retirement plans for small businesses have the same legal...
