Your guide from hire to retire.
Trustee vs. Authorized Signer: Who Does What in Your Retirement Plan? When managing a retirement plan, such as a 401(k), it’s important to understand the distinct roles involved in overseeing and operating the plan. Two key roles that often get confused are the plan trustee and the authorized signer. While […]
1. Protect your family 2. Protect your business partners 3. Protect your employees It doesn’t have to be anymore complicated or complex than the fundamental reasons listed above. A person’s income and their ability to continue to earn an income in the future is their most valuable asset. Disability/Income Replacement […]
Understanding PCORI Fees: What They Are and Who is Required to Pay Them The Patient-Centered Outcomes Research Institute (PCORI) fee is a federal fee established under the Affordable Care Act (ACA) to fund research that helps patients, healthcare providers, and policymakers make informed healthcare decisions. If you are an employer […]
5 Strategies to Reduce Future Required Minimum Distributions (RMDs) Before They Begin If your retirement savings exceed what’s needed to support your lifestyle, required minimum distributions (RMDs) could significantly increase your taxable income and even raise your Medicare premiums. Fortunately, there are strategies to proactively reduce future RMDs or defer […]
The IRS has released the updated inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2026. Annual contribution limits, minimum deductibles for HDHPs, and maximum out-of-pocket expenses will see an increase. However, the additional catch-up contribution limit for individuals aged 55 and older will remain […]
Staying Ahead: Key Focus Areas for 401(k) Plan Success in 2025 As 2025 begins, 401(k) plan sponsors are entering another dynamic year shaped by fresh regulatory updates, technological advancements, and the evolving expectations of employees. At Rose Street Advisors, our team remains committed to helping you stay ahead, ensuring your […]
Understanding Non-FMLA Leave and Health Coverage: Employer Responsibilities When an employee takes leave that is not covered under the Family and Medical Leave Act (FMLA), employers often have questions about how to handle health insurance coverage. Unlike FMLA leave, which mandates continued health benefits, non-FMLA leave operates under different rules. […]
Pros & Cons of Loans and Early Withdrawals from Your Retirement Account When faced with financial needs, taking a loan from your employer-sponsored retirement account, such as a 401(k), can seem like a tempting solution. However, it’s important to understand both the advantages and disadvantages, considering both the short-term and […]
ERISA Bond vs. Fiduciary Liability Insurance: What Plan Sponsors Need to Know Plan sponsors play a critical role in managing retirement plans, and with this responsibility comes risk. Two essential tools to protect both the plan and the fiduciaries are ERIS bonds and fiduciary liability insurance. Here’s what they are, […]
What is RxDC Reporting? RxDC (Prescription Drug Data Collection) reporting is a requirement under the Consolidated Appropriations Act (CAA) of 2021. The purpose of this reporting is to provide the Centers for Medicare & Medicaid Services (CMS) with data on prescription drug costs and health care spending. The information collected […]