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Spectrum Resource Center

Advice, Articles, Events, Insights, News, Newsletters, Opinions, Press Releases, Updates, and More from Spectrum.

COVID-19 Masks

Encouraging Plan Participation During the Pandemic | Retirement & Coronavirus Trends | Legislative Highlights

As the coronavirus pandemic has impacted the economics, finances, and health of many Americans, retirement plan participants may be evaluating continued participation in retirement plans. Learn more about how to encourage plan participation during the pandemic along with trends for plan sponsors and retirement plan participants during COVID-19.
August 20, 2020 By Petros Koumantaros Newsletter covid, covid19, covid-19, engagement, participation   Comments Read More >>
Older Employees in the Workforce

Older Employees in the Workforce | The SECURE Act | COVID-19 + CARES Act | Legislative Highlights

While Millennials have been the focus of much of the discussion around the evolution of the workplace, the U.S. Bureau of Labor and Statistics reports that the number of employees aged 65 and older has increased nearly 70% in the last decade. Learn more about these demographic trends plus more on the SECURE Act, the CARES Act, and what plan sponsors need to know about COVID-19.
May 19, 2020 By Petros Koumantaros Newsletter covid, covid19, covid-19, secure act, the secure act, cares act, the cares act, workforce, demographics, older employees   Comments Read More >>
COVID-19 Retirement Plan Help

COVID-19 Retirement Plan Help and the CARES Act

The President recently signed into law the Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act"). The CARES Act amends and introduces new retirement plan provisions to support employers and plan participants. Spectrum's Consultants have gone through the CARES Act and summarized the retirement plan changes for you. We invite you to contact us to help you or your plan participants further.
March 31, 2020 By Petros Koumantaros Announcements cares act, cares, covid19, covid-19, relief, retirement plan relief   Comments Read More >>

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ERISA Workplace Retirement Plan Limits

The federal government annually publishes updated qualified retirement plan limits, which impact the contributions, benefit accruals, and compliance of ERISA covered qualified retirement plans. The below tables summarize the most significant changes in recent history.