Month

November 2020
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Economic Group Pension Services, Inc. would like to wish you and your family a healthy and happy Thanksgiving! Gratitude is important, and this year we are especially grateful for our incredible clients and partners, as well as our team at EGPS! Although our celebrations may not be traditional this year, we hope you will spend...
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The SECURE Act includes a new rule that will dramatically affect eligibility for 401(k) plans. Under this new rule, beginning in 2024, any eligible employee who works at least 500 hours in three consecutive years must be permitted to make 401(k) salary deferral contributions into the plan.   Currently, a 401(k) plan can restrict eligibility to...
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