A New Study Shows That Retirees Will Need Six-figure Savings to Cover Post-Retirement Medical Costs. A recent study conducted by the Employee Benefit Research Institute
As we recently reported, on December 29, 2022, President Biden signed the Consolidated Appropriations Act, 2023, which funds the government for the fiscal year that
RMC Group will be an exhibitor at the 2023 NAPA 401(k) Summit on April 2-4 at the San Diego Convention Center. We will be showcasing
In today’s job market, a good employee benefits program is the key to attracting committed, quality employees. Yet, even though an employee benefits program is
The Employee Retirement Income Security Act of 1974, also know as ERISA, was enacted by Congress to protect the welfare and retirement benefits of employees.
As we recently reported, on December 29, 2022, President Biden signed the Consolidated Appropriations Act, 2023, which funds the government for the fiscal year that
What are Catch-Up Contributions? Catch-up contributions are salary deferrals (also referred to as “elective deferrals”) that employees aged 50 or older can make in addition
On December 29, 2022, President Joe Biden signed a mammoth piece of legislation called the Consolidated Appropriations Act, 2023, which funds the government for the
As the stock market continues to slide, so does the average 401(k) account. Some 401(k) accounts have lost as much as 25% in value since
Most employee benefits are subject to dollar limits that are adjusted annually based on inflation. The Internal Revenue Service (IRS) recently issued Notice 2022-55, which
