Blog

🎵 “On the first day of Christmas, my true love sent to me”… 🎵 Wait, wait, hold up! We’re not here to talk about partridges, pear trees, or any other holiday nonsense. ‘Tis the season to debunk some common myths about retirement plan administration and establishment! Welcome to our myth-busting carol, where we’ll strip away...Read More

Happy Thanksgiving, readers! This festive season, we’re carving out some time to get to know the wonderful folks who put the “stuffing” in our company culture. We’ve gathered around the virtual table to dish out a hearty serving of fun and feather-raising facts about a few members of our retirement plan expert team. From their...Read More

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