by siteadmin | Dec 13, 2016 | plan administration
The IRS and U.S. Department of Labor (“DOL”) have shifted their focus from document and reporting compliance to the review of qualified retirement plan compliance in terms of administration and fiduciary responsibilities. Enhanced examination programs and...
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 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 21, 2016 | Alliance Benefit Group, financial, plan administration, Retirement, Retirement Plan Advice
Knowledge is power, particularly in the increasingly complex world of retirement planning. Retirement professionals need to stay abreast of a myriad of topics that impact plan design, satisfy regulatory developments and ensure that plan sponsors and their participants...
by siteadmin | Feb 20, 2016 | plan administration, Retirement, Retirement Plan Advice, Retirement Plan News
According to a March 2014 Employee Benefit Research Institute survey, almost half of all workers without a retirement plan responded that they were not at all confident they would be financially secure in retirement. In contrast, only one out of 10 with a...
by siteadmin | Feb 15, 2016 | 401k Insight, Alliance Benefit Group, plan administration, Retirement, Retirement Plan News
Alliance Benefit Group board member Larry Raymond remembers when Alliance Benefit Group (ABG) was just an idea.”We saw the markets change and determined if we were to survive and offer the best solutions for our clients, we needed to leverage our collective...
