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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 >>
SECURE Act

SECURE Act

In 2019, Congress passed, and the President signed, The SECURE Act which stands for Setting Every Community Up for Retirement Enhancement. While the act is wide-reaching, in short it provides a number of measures which make it more attractive for employers like you to sponsor a retirement plan or enhance your existing plan. We invite you to watch the video, then contact us to discuss how – together – we can leverage these new rules to your advantage.
February 1, 2020 By Petros Koumantaros Employer Connect secure act, secure, secure act of 2019, legislation   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.