by siteadmin | Apr 27, 2016 | Alliance Benefit Group, plan administration, Retirement Plan News, Uncategorized
As a reminder, the current plan restatement cycle that started on May 1, 2014 ends on April 30, 2016. To incorporate the provisions from the Pension Protection Act and various other required amendments that took effect between 2007 and 2011, all defined contributions...
by siteadmin | Apr 21, 2016 | Alliance Benefit Group, Retirement
ABG has added Professional Capital Services (PCS), one of the fastest growing independent recordkeepers in the nation to its national network. PCS was founded in 2001 by tax and ERISA attorneys who saw the need for a true fiduciary-friendly platform that upheld full...
by siteadmin | Apr 13, 2016 | 401k Insight, Alliance Benefit Group, Retirement, Retirement Plan News
Every year the Department of Labor (DOL) conducts thousands of audits of employee benefit retirement plans. While many of these audits are based on random selection, a number of them may be triggered by retirement plan oversights such as a late filing of Form 5500 or...
by siteadmin | Apr 6, 2016 | 401k Insight, plan administration, Retirement, Uncategorized
Requests for hardship distributions from qualified retirement plans are not unusual in the aftermath of the Great Recession. Some participants may unfortunately be struggling through economic setbacks such as job loss for themselves or their spouse. Internal Revenue...
by siteadmin | Mar 29, 2016 | 401k Insight, Alliance Benefit Group, Retirement, Retirement Plan Advice, Retirement Plan News
In the retirement plan industry, accumulation of assets is the main focus and retirement readiness is the Holy Grail. However, there has not been as much thought about what comes next for the participant when they retire. New retirees may receive a lump-sum...
