An interview with EGPS leaders in honor of National Career Development Month 2,080 hours. That’s how many working hours are in a year with a standard 40-hour work week (minus PTO and holidays, etc.). That’s a LOT of hours, and with burnout on the rise, it’s critically important that employees don’t dread those hours. At...Read More
An interview with EGPS technology lead expert, Rich McKay Does EGPS conduct periodic risk assessments to identify cybersecurity threats and vulnerabilities? Yes, EGPS does complete cybersecurity risk assessments during the year. As EGPS’ third party virtual CIO, City Source Solutions also includes full IT service review. We complete sweeps of the system periodically, as...Read More
Cash balance and defined benefit plans can be a huge opportunity, offering several golden nuggets for business owners and their employees. These plans midas well be famous for allowing employers to save significantly more and providing major tax benefits. Yet, they are complex and subject to numerous regulations from the DOL and IRS. Therefore, trying...Read More
The scenario: helping others while searching for a retirement plan solution My husband opened a medical practice in Orange County in California in 2022. After spending so many years studying and training, we were so happy to have opened up a business that we take care of together.Naturally, one of the biggest concerns as a...Read More
Making Cents of It All Oh how dimes have changed! With the decline of pensions, crazy inflation, and increased rent and housing costs, the “retirement crisis” in America continues. Makes cents, right? This isn’t news to any of us, and it definitely isn’t to the government. In fact, state and federal governments are trying to...Read More
It’s the month of luck: bring on the green beer, blarney stones, and pots of gold. But if you’re having a hard time finding a four-leaf clover, we’ve got the next best thing: the ingredients for making your own luck! We’ve asked a few of our best and brightest to provide the top three pieces...Read More
No, that’s not a typo. 2022. As you’re sticking to your 2023 goals and resolutions, it’s always good to reflect back on 2022. If you are anything like us, there’s probably a few things you wish you had done a little differently. Whether you wish you’d eaten a little healthier, didn’t have quite as many...Read More
Quiz Which type of fiduciary manages plan administrative tasks/compliance? A. 3(21) fiduciary B. 3(38) fiduciary C. 3(16) fiduciary D. None of the above Sorry, that’s incorrect. Try again! Thats Correct! Learn more about this type of fiduciary and why it is important here.TRUE OR FALSE: Employers can still reduce 2022 taxes in 2023 by establishing...Read More
The snow is falling (maybe… depending on where you live), holiday tunes (whichever holidays you might ascribe to at this time of year) are playing softly, and the smell of cookies is wafting through the air. Ahhhh December: the coziest (in my opinion) month of the year. It’s also, appropriately, National Cookie Cutter Month. And...Read More
At EGPS, our greatest asset is our people, and we want to be a place they can flourish in their retirement career. We have an amazing team of retirement plan professionals, from Enrolled Actuaries to ERISA compliance experts to analytics gurus to administrative whizzes and more. Our people have a passion for problem solving and...Read More
