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
The Noble Davis website now allows participants to designate their beneficiary electronically. By completing the election via the website, the participant can establish or change beneficiaries as needed. However, please note: if the participant is married and wishes to designate... Read more
Unfortunately, accidents can happen. Since benefits in a retirement plan do not need to go through probate if the participant has designated a beneficiary for the plan, we highly recommend that all participants who have a benefit in a retirement... Read more
Just a quick update: After we sent out the new Limits for 2018 in last month’s newsletter, the Social Security Administration reduced the 2018 wage base slightly from $128,700 to $128,400.