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2020 Signature Award Winners - Creating Culture Change
Creating Culture Change Sometimes you have to create a cultural change in order to meet retirement plan goals and maintain improved participant outcomes. The goal is changing attitudes over time for the better, creating improved behaviors. Measurement of goals is tracked over the life of the strategy, not necessarily a specific point in time.... Read More >>
Executive Report - April 2020
The Coronavirus, Aid, Relief and Economic Security (CARES) Act PSCA has compiled (and continues to update) a list of resources for plan sponsors regarding the impact of the Coronavirus on retirement plans. Legislation President Trump Signs Expanded Paycheck Protection Program President Trump signed the Paycheck Protection Program and Health Care... Read More >>
Expanding E-delivery, Deadlines, EBSA Announces Filing Relief
U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has issued “deadline relief and other guidance” related to the impact of the coronavirus outbreak – including expanded “good faith” application of electronic delivery. EBSA Disaster Relief Notice 2020-01 extends the time for plan officials to furnish benefit statements,... Read More >>
2nd Annual HSA Survey
Final Deadline May 1, 2020 Click here to participate. Health Savings Accounts (HSAs), have become a significant and growing part of American workers' benefit programs the last few years. PSCA launched its first HSA benchmarking survey last year to better understand how these programs are designed and administered and to provide much needed... Read More >>
Answering Your Questions About the CARES Act
Questions regarding the administration of the CARES Act have been pouring in – and we’ve got answers! As part of a series of recent webcasts, we have received a large number of questions from our members regarding key operational and administrative aspects of the Coronavirus Aid, Relief and Economic Security (CARES) Act. As we continue to work... Read More >>
ICYMI - Monday, Mar 30, 2020
Coronavirus Update On Friday, President Trump signed into law the sweeping $2 trillion stimulus bill that includes retirement relief provisions supported by the American Retirement Association. https://www.psca.org/news/trump_coronavirus PSCA has compiled a list of resources for plan sponsors regarding the impact of the coronovirus on different... Read More >>
Executive Report - March 2020
The Coronavirus, Aid, Relief and Economic Security (CARES) Act PSCA has compiled a list of resources for plan sponsors regarding the impact of the Coronavirus on retirement plans, including a list of FAQs. Read more> Legislation Trump Signs Coronavirus Stimulus Legislation with Retirement Relief into Law President Trump on March 27 signed into... Read More >>
Trump Signs Coronavirus Stimulus Legislation with Retirement Relief into Law
President Trump on March 27 signed into law the sweeping $2 trillion stimulus bill that includes retirement relief provisions supported by the American Retirement Association. It wasn’t easy – or at least not as easy as it might have been – but the signing of the Coronavirus, Aid, Relief and Economic Security (CARES) Act (H.R. 748 as amended... Read More >>
Senate Approves Coronavirus Stimulus with Retirement Relief
It’s not over yet, but after six days of intense negotiations, about midnight on March 25, the Senate unanimously approved a sweeping $2 trillion stimulus bill, including retirement relief provisions supported by the American Retirement Association. The Coronavirus, Aid, Relief and Economic Security (CARES) Act (H.R. 748 as amended; note... Read More >>
IRS Clarifies More Time to Contribute to IRAs, HSAs, Qualified Plans in 2020
The recently announced extension of income tax filing deadlines will also give you more time to contribute to an IRA or health savings account, and for employers to make contributions to their retirement plans—but not to take excess deferrals out of the plan. The Treasury Department and the Internal Revenue Service (IRS) had, in Notice 2020-18,... Read More >>