"Retirement Plans" Articles

Is Paperless Right for Your Company?

June 2020

Plan Design, Retirement Plans, Welfare Plans

In a digital age, taking your company “paperless” is one of the wisest financial, environmental, and success-driven decisions you can make for everyone involved. For those offering 401(k) plans to their employees, electronic delivery is an especially superior method for... Read more

Paycheck Protection Program and Retirement Plans

June 2020

CARES Act, Contributions, Coronavirus, Retirement Plans

The Paycheck Protection Program (PPP) was established by the Coronavirus Aid, Relief and Economic Security Act (CARES). The PPP offers loan forgiveness if the spending is for payroll costs. Payroll costs include employer retirement plan contributions. By funding retirement plan... Read more

Why We Ask a Lot of Questions

June 2020

General, Retirement Plans

We just wanted to provide a little explanation of what needs to be done for a retirement plan every year to meet IRS and Department of Labor requirements and why we need to ask… Lots of Questions! Retirement plans are... Read more

Coronavirus Precautions

March 2020

Coronavirus, Retirement Plans

We at Noble–Davis Consulting are closely monitoring the Coronavirus pandemic and continually discussing our plan of action for our firm. As COVID-19 continues to spread globally, our thoughts go out to everyone who has been impacted by the evolving situation.... Read more

Retirement accounts – A new frontier for Cyber-Criminals

March 2020

Retirement Plans

Remember the good old days when a criminal had to go through your trash or steal your purse to get ahold of your personal information? Crime was a tough business to be in and took some real skill and persistence.... Read more

Why Employers Should be Working with Plan Consultants for Employee Benefits

March 2020

Compensation, Plan Design, Retirement Plans, Welfare Plans

WHETHER we like it or not, the benefits package on offer to employees is an essential part of the recruitment and retention process for our teams. Startups and small businesses are often simply not in a position to offer any benefits... Read more

What Benefits Do Employees Want the Most?

February 2020

Compensation, Plan Design, Retirement Plans, Welfare Plans

With unemployment at record lows in the United States and no apparent end in sight to the longest bull market in history, one downside for businesses is finding and keeping good people. Which is where the pressure is on business... Read more

Should I be withholding 401(k) if my employee leaves?

February 2020

Retirement Plans

Determining what counts as compensation for your plan can sometimes be confusing, especially when you are paying amounts to participants who have left employment. When someone leaves employment, you may or may not be able to use their final compensation... Read more

Sell Your Employer Match

February 2020

Retirement Plans

Most 401(k) plan sponsors offer their employees some type of matching contributions. The most common match, according to the Plan Sponsor Council of America, is 50 cents for every dollar an employee contributes to the plan, up to 6% of... Read more

Important Deadlines (Feb – Apr)

February 2020

Retirement Plans

February 28th – Deadline to file Form 1099-R with the IRS, if not filed electronically, to report distributions for the previous year. March 15th – Employer contributions are due to the retirement plan’s trust for S-Corporations and partnerships with December... Read more