by Greg Snyder | Aug 10, 2021 | Employee Articles, Employees
Get Your Plan Back on the Right Path JULY Professional Services Plan sponsors and fiduciaries need a trusted partner that has years of in-depth knowledge of the regulations governing qualified retirement plans. JULY’s team of professionals helps you resolve issues in...
by Greg Snyder | Aug 7, 2021 | Cash Balance, Cash Balance Article, Employee Articles, Employees
Distributions for Terminated Participants The balances in a Qualified Retirement Plan are subject to special distribution rules when a participant terminates employment depending on the vested balance in the account. It is important as a plan sponsor to monitor...
by Greg Snyder | Aug 7, 2021 | Employee Articles, Employees
Two New Options for 2020 The passing of the SECURE Act means good news for many Plan Sponsors starting a retirement plan or adopting automatic enrollment. Small Business Tax Credit for Starting a Retirement Plan Beginning in 2020, the SECURE Act increases the tax...
by Greg Snyder | Aug 7, 2021 | Advisor Articles, Advisors
Prepared by Jim Hudson, Chairman, JULY The Setting Every Community Up for Retirement Enhancement (SECURE) Act, is one of several bills that has been passed by the House and included as part of a single overall yearend government spending package. Without this spending...
by Greg Snyder | Aug 7, 2021 | Employee Articles, Employees
Fund-specific revenue sharing allocation Plan fiduciaries have the responsibility to determine the reasonableness of plan fees and to understand the compensation structure of their retirement plan. Plan fees generally consist of service fees from each vendor plus the...
