By Susan Burnoski, CPA | Principal, Audit & Assurance Congress recently signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act, resulting in easier savings for retirement and expanding access to more Americans. Retirement experts are calling the SECURE Act the most comprehensive retirement legislation over the last 10 years. The SECURE …
By Susan Burnoski, CPA | Director/Senior Manager, Audit & Assurance Employers that offer a defined contribution plan, either a 401(k) or a 403(b) plan, need to ensure employees’ payroll contributions are deposited into their retirement account in a timely manner. This task may seem minor, and in some cases obvious, in the range of a plan …
By Krista Steedly, MAcc The beginning of the new year marks an opportune time for plan sponsors to review their 401(k) plans. One area that should be reviewed is the plan’s forfeiture account. This is an often-forgotten aspect of plans, but it is imperative plan sponsors understand forfeitures and make sure they are handled in …
Don’t Miss this Critical Component of 401(k) Plans Read More »
