News and Information for Employers Q1 2021
January 12, 2021
Does fiduciary plan governance look different in 2021? Our quarterly newsletter touches on fiduciary plan governance topics to help you stay informed on what has changed or requires action this year: The Importance of a retirement plan committee and annual reviews ERISA updates: 5 big changes plan sponsors need to know Think green: e-disclosures Download […]
Northeast Benefit Services Inc.
ERISA Update: 5 Big Changes Plan Sponsors Need to Know
January 1, 2021
If navigating a worldwide pandemic weren’t enough, the world of employee benefits continues to throw curve balls at employers and plan sponsors who must constantly keep up. Below are 5 big changes that retirement plan decision-makers should know about. 1. How far will retirement savings go All defined contribution (DC) plan benefits to be expressed […]
Northeast Benefit Services Inc.
Video: Market Volatility We’ve Been Here Before
December 15, 2020
Market downturns are a part of any investing life cycle. Here’s how to help encourage your participants to stay the course while times are challenging.
Northeast Benefit Services Inc.
Plan Sponsor Guide: Missing Participants End of the Year Clean Up
December 15, 2020
Have your former employees turned into missing participants? Follow these best practices to help clean up your retirement plan by the end of the year >> Download the Guide
Northeast Benefit Services Inc.
Participant Infographic: Seeking Finding and Consolidating Your Accounts
December 15, 2020
Having all retirement savings in a single account can make participants life so much easier! Help your participants locate and consolidate their 401(k) accounts, share this infographic >> Download the Infographic
Northeast Benefit Services Inc.
Q4 2020 Lift Retirement Newsletter
December 15, 2020
With 2021 approaching fast, it is time to start thinking about end-of-year initiatives to thrive in the “new normal” and keep your company’s retirement plan on track. Check out our Q4 2020 Lift Retirement Newsletter >> Download the Newsletter
Northeast Benefit Services Inc.
Why It’s Important to Review, Refresh and Revise Retirement Plan Documents
December 1, 2020
You likely recognize the importance of seeing your doctor for an annual physical to keep your health in tip-top shape, or taking your car in for routine maintenance to keep it running like new. But what about checking the health of your retirement plan? When is the last time you reviewed your retirement committee charter, […]
Northeast Benefit Services Inc.
Tracking Down Your Missing Participants
November 1, 2020
If you have terminated participants with balances in your 401(k) plan, some of whom you can’t locate, you’re not alone; missing participants are an industry-wide problem. What is a missing participant? A missing participant is a former employee who has left funds in a qualified retirement plan (ex. 401(k) plan) at their former employer but […]
Northeast Benefit Services Inc.
Staying the Course Through Volatile Markets
October 1, 2020
Turbulent times can bring turbulent markets. Many factors cause chaotic swings in the investing world including housing bubbles, political elections, international instability, and as we have seen recently, a global health pandemic. Despite the financial queasiness this can have, experts consistently have one piece of advice for investors: stay calm and stay the course. Maintaining […]
Northeast Benefit Services Inc.
4 Qualified Plan Tax Advantages for Employers
September 1, 2020
By choosing to offer your employees a 401(k) plan, you’re sending a powerful message — that you’re invested in their future and committed to helping them work towards financial security in their retirement. As a business owner, you can also benefit from setting up a retirement savings plan. Not only does it provide you with […]
Northeast Benefit Services Inc.
Pros and Cons of Taking Coronavirus-Related Distributions from Retirement Savings
August 1, 2020
The COVID-19 pandemic has undoubtedly shaken our economy to the core. Many businesses have struggled to keep their doors open which has caused unemployment claims to soar. Record unemployment, coupled with a U.S. society that has an average household savings account of about $8,800[1], has many people looking to their retirement savings as a “piggy […]
Northeast Benefit Services Inc.
5 Ways Total Rewards Can Help Recruit Top Talent
July 1, 2020
A good total rewards program helps you attract and retain the best possible talent for your organization. Add a great workplace culture and environment and you could be on your way to becoming an employer of choice among job-seekers. What is a total rewards program? A total rewards program is adopted by a company that […]
Northeast Benefit Services Inc.
