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
Depending on your age, Step by Step by New Kids on the Block might be stuck in your head right now. Or maybe your mind went to the 90s sitcom on ABC. Our mind went where it always is: retirement. Helping Americans save, step by step, and finding the best solutions for participants and business...Read More
If you’re located on the east or west coast, you might be familiar with the retirement plan experts we interview in this blog post. Meet Tali Vaughn and Laura Grassi, some of our amazing Regional Vice Presidents on our Sales Team. In our conversation below, these ladies talk about common mistakes and misconceptions they see...Read More
Don’t let the ship of generous perks sail without your clients on board What is so safe about a “Safe Harbor” 401(k) plan? They’re among the most popular types of 401(k) plans with an employer match (an incentive given to those who actively participate) or nonelective (meaning the participant merely needs to meet eligibility requirements...Read More
Well friends, we have a special treat for you today. We’ve brought you the latest insights from some of our best and brightest retirement plan administrators. They answer some hard-hitting questions, including the most rewarding and challenging aspects of their job, advice they have for business owners, and more. Q: What is your role at...Read More
The case of the undetected, costly plan errors Plan Sponsor Scenario An owner of a small company engaged a CPA to evaluate their business and switch services. The CPA reached out to EGPS to review the retirement plan when she realized there was potential for compliance issues. The EGPS Compliance Team found that the Form...Read More
What is the state of your finances? How much, if any, are you saving? What is your plan for retirement? Does your employer offer a retirement plan? If so, are you participating? What does retirement look like for you? How much will it take to finance your dreams? For some, these questions might be conversational...Read More
