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Benefit Talk - Delivering helpful information & updates
Industry news, trends and best practices
To support our ongoing commitment to our clients, we offer these tidbits of helpful information and industry insight through our blog and you have the option to sign up to receive each new update, Benefit Talk.
IRS Indexed Limits for 2024
Review the IRS indexed dollar limits to qualified retirement plans for 2024.
Secure Act 2.0 Changes Impacting Qualified Retirement Plans
SECURE 2.0 was signed into Law in December 2022. There’s a lot to unpack in it. This article is a Zenith American Solutions summary of some of what we feel are key changes. The Act includes a substantial number of changes and options for Trustees and other Plan Sponsors to review and consider.
Final Regulations on Special Financial Assistance for Underfunded Multiemployer Defined Benefit Plans Released
On July 8, 2022, the PBGC released the final regulations for plans applying for Special Financial Assistance under the American Rescue Plan Act of 2021.
PBGC Approves First Two Plans for Funding Relief under ARPA ’21
PBGC Approves First Two Plans for Funding Relief under ARPA ’21
American Rescue Plan Act of 2021 Impact on Multiemployer Defined Benefit Plans
On March 11, 2021 President Biden signed into Law the American Rescue Plan Act of 2021 (“ARPA”). ARPA contains significant relief for underfunded Multiemployer Defined Benefit Plans.
Zenith’s Steve Mendelsohn Chosen for Prestigious National Committee
Zenith American Solutions’ Steve Mendelsohn has been chosen to be on the American Academy of Actuaries Multiemployer Plans Committee. Steve is an actuary in Zenith American Solutions’ pension practice with extensive pension experience.