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141. CARES Act Loan Repayment Deferment

     Created On: 04/24/2020 in Retirement Plan Administration Distributions, Loans and Rollovers
     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 diagnosed wit...

142. Coronavirus-related Loan Request

     Created On: 04/15/2020 in Retirement Plan Administration CARES Act
     IN ACCORDANCE WITH THE CARES ACT, THE CORONAVIRUS-RELATED LOAN PROVISIONS DESCRIBED BELOW EXPIRED ON SEPTEMBER 22, 2020. Eligibility The CARES Act requires that the participant must be affected by the coronavirus pandemic to request a coronaviru...

143. Coronavirus-related Distribution (CRD) Request

     Created On: 04/15/2020 in Retirement Plan Administration CARES Act
     IN ACCORDANCE WITH THE CARES ACT, THE CORONAVIRUS-RELATED DISTRIBUTION PROVISIONS DESCRIBED BELOW EXPIRE ON DECEMBER 31, 2020. ALL CRD REQUESTS MUST BE SUBMITTED AND APPROVED BY AN AUTHORIZED PLAN REPRESENTATIVE BY NOON (ET) ON DECEMBER 28TH. Eli...

144. CARES Act FAQ

     Created On: 04/01/2020 in Retirement Plan Administration CARES Act
     The Coronavirus, Aid, Relief and Economic Security (CARES) Act enacted on March 27, 2020 includes several key provisions that may positively benefit your retirement plan participants.  Please note that the changes now allowed due to the CARES Act a...

145. Sentinel's Service Commitment

     Created On: 03/31/2020 in Reimbursement Accounts COVID-19 Resources
     As our valued client, we want to assure you that we are committed to providing continued service to you and your plan participants throughout the duration of the Coronavirus outbreak. While our employees have not been directly affected by the virus ...

146. Furloughed Employees

     Created On: 03/31/2020 in Reimbursement Accounts COVID-19 Resources
     In the event that your organization is in the position that employees must be placed on furlough, it is generally acceptable to treat these situations as an unpaid leave of absence. Please speak with our account manager for additional details and to...

147. Election Changes & Payroll Deductions

     Created On: 03/31/2020 in Reimbursement Accounts COVID-19 Resources
     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 adoption...

148. CARES Act - New Eligible Expenses

     Created On: 03/31/2020 in Reimbursement Accounts COVID-19 Resources
     The Coronavirus Aid Relief and Economic Security Act (CARES Act) signed into law on Friday, March 27, 2020 includes an important change to reimbursement plans. Among other provisions, the bill permanently reinstates coverage of over-the-counter (OTC...

149. Simple Guide to your Retirement Services Invoice

     Created On: 02/11/2020 in Retirement Plan Administration Account Maintenance

150. Debit Card Tracking Reports

     Created On: 10/10/2019 in Reimbursement Accounts Debit Cards
     The Employer Portal offers two reports that may be helpful to you in tracking employee debit cards. Both reports can be run by logging into the Employer Portal online and accessing the Reports tab. Debit Card Mail Date Report This report will...

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