Search for: "Financial Security Services Defined Benefit Plan"
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15 Jan 2023, 11:51 am
Defined-Benefit Plan Versus Defined-Contribution Plan It is important to understand the difference between a defined benefit versus a defined contribution plan. [read post]
31 Jul 2012, 8:17 am
For many financially strapped businesses that sponsor defined benefit plans, the MAP-21 relief may allow the employer to avoid terminating its defined benefit plan, escape costly underfunding consequences that many defined benefit plan sponsors fear will financially cripple or bankrupt their companies, or both. [read post]
20 Jan 2014, 2:50 pm
Stamer has more than 24 years experience advising health plan and employee benefit, insurance, financial services, employer and health industry clients about these and other matters. [read post]
13 Oct 2017, 2:20 pm
Organizations and service providers involved in defined benefit plans should review their programs and make adjustments as warranted. [read post]
14 Sep 2015, 2:52 pm
That is more likely if the pension is large and the employer has contracted with a financial institution to provide recordkeeping services. [read post]
1 Aug 2013, 8:36 am
The Internal Revenue Service (IRS) is extending the deadline for sponsors and practitioners of defined benefit mass submitter lead plans to submit on-cycle applications. [read post]
25 Apr 2023, 5:00 pm
For decades, it was common for employers to maintain employer-funded defined benefit pension plans (“DB Plans” or “Plans”) to provide retirement benefits to their employees. [read post]
16 Jun 2020, 6:42 am
Defined benefit plans—once the staple of employer-sponsored retirement plans but now a diminishing share of that group—guarantee a monthly payment in retirement using a formula based on years of service and compensation. [read post]
1 Apr 2014, 11:15 am
Stamer has more than 25 years’ experience advising health plan and employee benefit, insurance, financial services, employer and health industry clients about these and other matters. [read post]
22 May 2023, 5:00 pm
Please contact a member of the Employee Benefits & Executive Compensation Group if you have any questions regarding SECURE 2.0’s expanded options for retirement plan distributions [read post]
6 Jan 2015, 8:15 am
Stamer has more than 25 years’ experience advising health plan and employee benefit, insurance, financial services, employer and health industry clients about these and other matters. [read post]
19 Oct 2021, 10:10 am
While Congress chose to subject health plans to the detailed health privacy, security and breach rules of HIPAA and financial and certain other employee benefit plan service providers to consumer financial disclosure and data information security requirements of laws like Gramm-Leach-Bliley Act and the Fair and Accurate Credit Transactions Act, and even employers and others conducting background and other credit checks to the… [read post]
13 Dec 2013, 3:48 pm
All other rights reserved.Filed under: Defined Benefit Plans, Defined Contribution Plans, Employee Benefits, Employers, Retirement Plans Tagged: 401(a)(4), defined benefit plan, defined contribution plan, discrimination testing, plan qualification [read post]
28 Mar 2018, 3:21 am
She has nearly 30 years’ experience as a writer/editor of financial services news. [read post]
28 Mar 2018, 3:21 am
She has nearly 30 years’ experience as a writer/editor of financial services news. [read post]
7 May 2020, 12:48 pm
As part of the federal government’s response to the COVID-19 pandemic, the Internal Revenue Service (IRS), the Employee Benefits Security Administration (EBSA), and Pension Benefit Guarantee Corporation (PBGC) have recently provided relief to benefit plan sponsors by moving back certain upcoming plan compliance deadlines. [read post]
30 Dec 2009, 6:49 am
Stamer is experienced advising and assisting employers, employee benefit plan and their fiduciaries, insurers, financial advisory services, administrators and custodians, debtors, trustees and creditors in bankruptcy and others about plan, process, and product design, administration, documentation, risk management and defense under ERISA, COBRA, HIPAA, labor and employment, tax, state banking and insurance, and other laws. [read post]
14 Dec 2017, 4:16 pm
Well-known for her extensive work with health, insurance, financial services, technology, energy, manufacturing, retail, hospitality, governmental and other highly regulated employers, her nearly 30 years’ of experience encompasses domestic and international businesses of all types and sizes. [read post]
24 Sep 2013, 5:16 pm
Employers and other employee benefit plan sponsors, benefit plan fiduciaries, and their advisors and service providers should review and update their health and employee benefit plan’s definitions of “spouse,” “marriage” and “dependent” in light of new guidance from the Department of Labor Wage & Hour Division (WHD) guidance under the Family & Medical Leave Act and… [read post]
1 Jul 2009, 8:29 pm
Retirement Plans – Defined Benefit vs. [read post]
