The SECURE Act requires that long-term/part-time employees must be permitted to make elective deferrals under an employer's 401(k) plan after three years working more than 500 hours. Learn More >
Lifetime Income Disclosures present account balances as an annuity to better inform participants on monthly income after retirement. Learn More >
The SECURE Act was passed on December 20, 2019. RMS has compiled a summary of the different provisions in the Act. Learn More >
Section 110 of the Act revised requirements for church 403(b)(9) plans. Learn More >
Section 110 of the Act revised the distribution option for 403(b) plans. Learn More >
Section 401 of the Act limited the timing of distributions from an inherited IRA. Learn More >
Section 403 and 404 of the Act increased the fees for late filing for Form 5500 and Form 8955-SSA. Learn More >
Section 302 of the SECURE Act expanded the benefits of 529 college savings plans. Learn More >
Section 203, 204 and 109 of the Act addressed participant statement requirements, portability of balances and selecting a provider for Lifetime Income products. Learn More >
Section 202 of the Act revised Form 5500 rules to allow related employers to file a consolidated Form 5500. Learn More >
Let us help design and administer a Retirement Program that meets your needs.
According to the IRS, one of the most common mistakes that employers make when administering their retirement plans is using the wrong employee compensation.
Although SIMPLE IRAs may initially be the best fit for certain small businesses, they may not continue to be the best fit over time.
New team members for 2023.
Ryan S. and Michael Z. recently earned their Qualified 401(k) Administrator (QKA) designation from the American Society of Pension Professionals and Actuaries (ASPPA).