Blog

Sometimes, retirement plan compliance can feel like an episode of “Stranger Things” and navigating the Upside Down. But have no fear – EGPS is here! We’re experts in handling all those mysterious cases that might leave you feeling like Will Byers in Season 1. Whether it’s dealing with unusual plan designs, mergers and acquisitions, IRS...Read More

The retirement plan “crisis” With the decline of pensions, crazy inflation, and increased rent and housing costs, the “retirement crisis” in America continues. 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 combat retirement plan challenges. But…if there’s one thing we...Read More

Employers will no longer need to collect documentation to support participants’ hardship distribution requests, due to SECURE 2.0. The legislation has added the option to authorize hardship withdrawals for participants who self-certify that they meet the requirements of this type of distribution. When is the hardship distribution self-certification option available? Technically, right now! SECURE 2.0...Read More

Many 401(k) plans will be required to include Roth deferrals or remove the provision for catch-up contributions due to SECURE 2.0. This change is now effective beginning January 1, 2026. It was originally set to be effective in 2024, but the IRS has permitted an administrative delay. Still, it is important to know the requirements...Read More

Just like everyone’s favorite ice cream flavor, each EGPS retirement plan expert brings their unique sweetness and flair to the team. In this fun interview, we dish out the inside scoop on what makes our colleagues so awesome. From unexpected career beginnings to those little annoyances that drive them up the wall, join us as...Read More

Cash balance plans are hot right now, with popularity increasing exponentially over the past few years. But this plan type isn’t for everyone. Wondering what types of businesses are the best fit? You’ve come to the right place. It’s time for…Cash balance connection! (announcer voice font 😉). On one side of the curtain, we have...Read More