All Things 401k | 5 Helpful Ways to Organize Your 401(k) Fiduciary Files Managing Discover top strategies for maintaining organized 401(k) fiduciary files with best practices for compliance and peace of mind. As a plan sponsor, one of your primary responsibilities is ensuring that your company’s retirement plan operates smoothly […]
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Virtual health care in Michigan In today’s benefits advisor blog, we’ll briefly touch on the types of virtual health care and how each of the primary health insurance carriers in SW Michigan are providing solutions. Virtual health care is primarily provided via internet video visits (and phone to a lesser […]
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New IRS Ruling for Grantor Irrevocable Trusts: If you have an Irrevocable Trust as part of your estate plan, you should be aware of a new IRS ruling that was issued on November 28, 2023. With this CCA, the IRS has taken the position that a modification to a Grantor […]
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Each year I start with a blog about predictions for the upcoming year for HR professionals. This year as we look to 2024 there will be some interesting things happening. Some of the more popular HR topics this year will include: Less pressure on wages: As inflation slows down, the […]
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The holidays are here and while they can be a wonderful time, they are also stressful. In addition to all the personal activities, this is typically the time that goals, performance evaluations, and year end reports are due. Here are some pointers for helping your employees survive and thrive […]
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Picture this. You’re a new employee at your organization and on your first day, they give you the employee handbook. What’s your reaction: Is it written in a way that you might actually read it? Does it represent the kind of culture described during the recruiting process? Is it up […]
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All Things 401k | Wrapping up 2023: A Comprehensive Guide to End-of-Year 401(k) Tasks As the end of 2023 draws near, those responsible for their company 401(k) plan have much to consider. With a combination of standard annual tasks and new SECURE Act provisions on your plate, we are here […]
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All Things 401k | 6 Common Administrative Tasks That Can Morph Into 401(k) Plan Headaches Managing a 401(k) plan can leave even the most seasoned administrators feeling overwhelmed. With proper support, you can simplify the complex task of retirement plan management. Top 401(k) Plan Headaches The first step is to […]
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162 Bonus Plan Are you evaluating a “reward” program for your key people? Do you want a plan that is meaningful, but not overburdensome and complex? A 162 Executive Bonus Plan may be the plan for you. A recent article in Forbes from our friend and HR expert Tracy Brower, […]
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Early in my career I hired someone who came to us from local government where compensation information was publicly available. Right after she started, a coworker asked about her compensation, which she shared. Since she was paid more than her longer tenured peer, it created quite the fuss. At that […]
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