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Inside Vested Interest sat down with Sherri Painter, the organization’s recently appointed leader, to discuss the organization’s plans for 2018 and beyond.
Depending on your plan’s provisions, participants who turn 70½ in 2017 need to begin taking RMDs no later than April 1, 2018, unless they are still working.
Here are the key dates and deadlines that your plan will need to meet over the next few months. Contact your Account Manager if you have questions about these tasks or deadlines.
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What communication channels work best for reaching your employees and can these be made available for employee education?
Every year, the Internal Revenue Service reviews the dollar limitations for retirement plans and other similar items and announces cost of living adjustments.
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Defined Contribution (DC) plans have traditionally offered money market funds as a low-risk, principal-preservation option in their investment lineup.
A Safe Harbor 401(k) plan is a simple and popular alternative for businesses. Unlike traditional 401(k) plans, Safe Harbor plans eliminate annual testing requirements and enable highly compensated employees to contribute the maximum amount to their 401(k) accounts without the risk that their contributions might need to be returned due to a testing failure.
Browse the online issues for articles covering retirement plan management, employee education, regulatory updates, and what's trending, as well as access to a variety of resources to help you manage your retirement plan. To change your subscription or to start a new one, please email firstname.lastname@example.org. You will automatically receive an email when a new issue is available.
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The PNC Financial Services Group, Inc. (“PNC”) uses the marketing names PNC Retirement Solutions® and Vested Interest® for defined contribution plan services and investment options provided through its subsidiary, PNC Bank, National Association (“PNC Bank”), which is a Member FDIC. PNC Bank also provides custody, escrow, and directed trustee services; FDIC-insured banking products and services; and lending of funds. Insurance products may be provided through PNC Insurance Services, LLC, a licensed insurance agency affiliate of PNC, or through licensed insurance agencies that are not affiliated with PNC; in either case a licensed insurance affiliate may receive compensation if you choose to purchase insurance through these programs. A decision to purchase insurance will not affect the cost or availability of other products or services from PNC or its affiliates. PNC does not provide legal, tax, or accounting advice unless, with respect to tax advice, PNC Bank has entered into a written tax services agreement. PNC does not provide services in any jurisdiction in which it is not authorized to conduct business.
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