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Employers who sponsor qualified retirement plans and recordkeepers like Sentinel, may need to locate missing or unresponsive participants (or beneficiaries) who are due a benefit under the plan. The DOL and IRS have identified guidance to help. Addi...
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If you would like to make any plan changes in relation to the Consolidated Appropriations Act, please click here to notify Sentinel of your elections. Once your submission is received and the details are confirmed, Sentinel will make the ap...
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On Monday, December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021 . Included in the volume of text were several items related to Flexible Spending Account (FSA) relief. Here is an overview of the key FSA provisions: Full FSA...
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SampleBoardResolution.pdf ...
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Summary of eDelivery Regulations : On May 21, 2020, the Department of Labor (DOL) issued a final regulation allowing employers to delivery certain ERISA required documents and disclosures electronically. The new rule provides the ability to defaul...
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On Tuesday, May 12, 2020, the IRS issued Notice 2020-29 and Notice 2020-33 . These Notices included major changes to Section 125 and FSA benefits that may be financially beneficial to plan participants. Some provisions, however, require ado...
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On Tuesday, May 12, 2020, the IRS issued Notice 2020-29 and Notice 2020-33 . These Notices included major changes to Section 125 and FSA benefits that may be financially beneficial to plan participants. Some provisions, however, require ado...
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On Wednesday, April 29, the Employee Benefits Security Administration, Department of Labor, Internal Revenue Service, and Department of the Treasury (the “Agencies”) released a final rule (“final rule,” or “rule”)...
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Visit our COVID-19 Resources for Employers for up-to-date information, including: CARES Act Q&A Fiduciary Q&A CARES Act webinars ...
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The CARES Act allows for qualified individuals to defer repayment of their retirement plan loan(s) through the end of the year. To be considered a "qualified individual", the participant, their spouse or dependent must have either been dia...