401(k) News

  • RECENT developments spring 2017

    IRS Proposal for Plan Forfeitures, Retirement Health Expenses, Fairly Confident for Retirement Read More…

  • Determining 401(k) Plan Eligibility Requirements

    Establishing eligibility requirements for plan participation requires consideration of both the broad range of available options and the potential effects that different sets of eligibility requirements may have on hiring, retention, and administrative costs. Following is a brief overview of the applicable rules. Read More…

  • Keys to Avoiding Compensation Errors

    The plan’s definition of “compensation” is important for many different aspects of plan administration — including elective deferrals, allocations, and discrimination testing. Read More…

  • Handling QDROs for Your Retirement Plan

    When couples divorce, one spouse’s retirement benefits may be divided as part of a property settlement. Although federal law generally does not allow plan participants to assign or alienate their retirement plan interests, there is a limited exception. Retirement benefits may be assigned to a spouse, former spouse, child, or other dependent to satisfy family support or marital property obligations through a domestic relations order if the plan administrator determines it is a qualified domestic relations order (QDRO). Read More…

  • RECENT developments winter 2017

    Relief for Late Rollovers, IRS Makes Changes to EPCRS, Mutual Fund Ownership Read More…

  • Managing the Use of Plan Loans

    A plan loan feature can be a useful tool for helping to increase plan participation and contribution rates. Nevertheless, plan loans may impede employees’ efforts toward achieving their long-term retirement goals and complicate plan administration. Following is a general discussion of some of the issues surrounding plan loans and suggestions for addressing them. Read More…

  • 2017 Cost-of-Living Changes

    The IRS has released 2017 cost-of-living adjustments (COLAs) for various retirement plan limitations, with some limitations increasing and others remaining at their 2016 levels. Changes include the following: Read More…

  • Review Plan-related Insurance Protection

    It's not unusual to see litigation against retirement plans in the news. Sponsors of 401(k) and other defined contribution retirement plans should evaluate their fidelity bonds and fiduciary liability policies to make sure they have adequate protection. Read More…

  • RECENT developments fall 2016

    A recent Pew Research Center analysis found that the number of older Americans working is increasing. Read More…

  • Make Sure Participants Receive the Plan Documents They’re Entitled to

    Getting the word out about your retirement plan is an ongoing activity. In addition to the enrollment materials you provide newly eligible employees, you probably communicate with participants routinely, answering their questions and encouraging them to take full advantage of the plan. Read More…

Become Part of the Solution

Become Part of the Solution

Our vision supports the idea that employees are our greatest asset. We invite you to learn more about what it means to be part of the team.

Get To Know Us

Lifetime Benefit Solutions is a national leader in developing and delivering health-related benefits plans – partnering with our customers to deliver value and promote employee health and wellness.

Flexible employee benefit programs, intelligently and creatively customized to your company’s unique situation.