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

In the competitive landscape of construction contracting, every advantage counts. That’s why implementing the right retirement plan strategy is so important. We’re not just talking about compliance or ticking boxes; we’re talking about leveraging a deep understanding of prevailing wage laws to not only meet legal requirements but to use them as a strategic advantage...Read More

Thanks to SECURE 2.0, many 401(k) plans will now be required to include automatic enrollment beginning on January 1, 2025. Therefore, it is important to know the requirements and exceptions to this new rule. Let’s take a look! Who is exempt? If the company is a new business in its first three years of existence,...Read More

In the age of robots, AI, and automation, there’s something to be said for working with actual humans. Don’t get us wrong, we love the increased efficiencies that this technology affords us, but we also just LOVE our people. They are the heart and soul of EGPS, and we’re here to share more about them!...Read More

SIMPLE IRA plans are a popular retirement plan type for small businesses. These plans are generally cheaper to implement with little administration for the employer. But, they also lack flexibility and limit contributions that can be made to the plan. As a result, we often see employers move from a SIMPLE IRA plan to a...Read More

We’ve all heard (and maybe believed) some common myths – from ostriches bury their heads in the sand (they don’t!), to lightning doesn’t strike the same place twice (it does!), to gum takes seven years to digest if you swallow it (it doesn’t!). While these might seem like silly, commonly repeated fables, there are some...Read More

At EGPS, we love our team. They make us who we are: kind, professional, funny (sometimes…), problem-solving, retirement plan experts. Most of all, our people help make our clients’ and partners’ goals and dreams come true, and they are the best (we’re not biased AT ALL). As much as we love retirement plan design and...Read More

You may have heard of the magnificent seven, but have you heard of the great eight? No? That’s because we made it up. It’s a thing now. These are the top 8 retirement plan resources our partners and clients find most useful. Get the scoop on why; we’re sharing! Let’s take a look. 3(16) Roles...Read More