Hot Topics for Plan Sponsors
At Envoy Financial, our goal is to provide Trusted Advice Along The Way and help you stay informed as a plan sponsor. Check here often for important news for plan sponsors.
At Envoy Financial, our goal is to provide Trusted Advice Along The Way and help you stay informed as a plan sponsor. Check here often for important news for plan sponsors.
| Topic | Date Posted |
| Newly Released Retirement Plan Funding Requirements On January 14, 2010, the Department of Labor released a Final Rule that requires employers with retirement plans with fewer than 100 participants to deposit employee contributions to the plans within 7 business days upon receiving or withholding the funds. Stated otherwise, the retirement plan withholdings need to be deposited into the plan within (and not later than) 7 business days following the pay date. (Read more...) | Jan. 19, 2010 |