Retirement Plan FOCUS Bulletin

In our first 2020 issue, we’re announcing enhancements to distribution forms, including new automation. Now forms pulled from websites will be automatically pre-filled with the participant’s demographic and plan information. We also review the impact of the SECURE Act (The Setting Every Community Up for Retirement Enhancement Act), and provide tips on improving your cybersecurity.

We’re pleased to announce our 360° integration with Paylocity (a national payroll provider) to automatically exchange critical data regarding your plan and essential payroll data. This issue also provides insights into ESG – environmental, social, and governance investing; plus how we’re assisting our clients with smarter ways to engage participants.

Our latest issue highlights a new benefit from our team. FFA now supports the ability of our clients to make employer contributions on behalf of 401(k) participants who are making contributions to student loans. Plus, we provide insights and tips on how to create a better plan by understanding the correct definition of compensation.

Our end-of-year issue covers a new investment option coming soon—the ability for Health Savings Account holders to invest a portion of their account balance into a variety of index-based mutual funds. You’ll also discover how to maintain a better plan through an accurate year-end census submission and show you the latest 2020 COLA changes for contribution limits.