Great News for Retirement Contribution Limits

Great News for Retirement Contribution Limits

It’s official – nearly all qualified retirement plan limits will increase significantly in 2022, something the industry hasn’t seen across the board in years. Employee deferral limits for 401(k) plans will increase from $19,500 to $20,500 next year....
DirectAdvisors – Newport Retirement Services Video Podcast: Pooled Employer Plans (PEPs)

DirectAdvisors – Newport Retirement Services Video Podcast: Pooled Employer Plans (PEPs)

DirectAdvisors is pleased to announce our 2nd video podcast in our ongoing retirement plan podcast series. Our guest in this episode was Matt Petralia, Regional Director, Northeast Region of Newport Retirement Services (Newport Group). Matt spent a few minutes speaking with DirectAdvisors’ Co-Founder and President, Tom Santa Barbara, on multi-employer plans, with a particular focus on Pooled Employer Plans (PEPs), which were introduced as part of the SECURE Act of 2019.

Retirement Plan Podcast Series #9 – What’s in an Adoption Agreement?

Retirement Plan Podcast Series #9 – What’s in an Adoption Agreement?

The adoption agreement is your guidebook on the features associated with your retirement plan, and is something you and your administrative team should be very familiar with. It is critical that you follow the rules in your adoption agreement to help ensure the Plan stays compliant. 

Retirement Plan Podcast Series #6 – Staying Compliant: Tips for Administering Your Retirement Plan

Retirement Plan Podcast Series #6 – Staying Compliant: Tips for Administering Your Retirement Plan

As a Plan Sponsor, you’re tasked with all sorts of administrative requirements – determining eligibility of participants, providing required notices, depositing employee deferrals on time — the list goes on.  There’s good news though, you’re not in this alone.  DirectAdvisors has put together a helpful overview of these requirements to help you stay compliant and successfully navigate the administration on your plan.