Human Interest’s Post

Big news for retirement planning! The #IRS released Notice 2024-2, which provides guidance on 12 of the 90 new provisions added by SECURE 2.0. Lori Basilico and Aaron Weiss recap key provisions affecting section 401(k) and section 403(b) retirement plans: https://ow.ly/F8ub50RhsNQ #employeebenefits #retirementplans

Did you know that offering retirement plans for your employees is a legal requirement in Maryland? If you're not providing retirement benefits, you may not be compliant with state regulations. Stay ahead of the curve and ensure compliance with Lyceum. Our team will work with you to navigate the complex landscape of retirement regulations, keeping you informed and up to date on all the latest requirements. Don't risk falling behind – let us help you stay compliant. #ComplianceMatters #RetirementPlanning #LyceumExperts #LyceumInsuranceServices

Are you considering a new job in a different retirement system? We have reciprocal agreements with several other public retirement systems, so you may be able to take advantage of reciprocity benefits and coordinate your benefits between the two systems when you retire. Our publication, A Guide to CalPERS When You Change Retirement Systems, takes you through the requirements, benefits, and other considerations [PDF]: https://lnkd.in/g-NSH5Up.

Are you considering a new job in a different retirement system? We have reciprocal agreements with several other public retirement systems, so you may be able to take advantage of reciprocity benefits and coordinate your benefits between the two systems when you retire. Our publication, A Guide to CalPERS When You Change Retirement Systems, explores the requirements, benefits, and other considerations [PDF]: https://lnkd.in/g-NSH5Up.

This year, more states will continue to implement workplace retirement programs. This means that your clients may be required to offer employee #retirement plans, by law. Find out what’s happening in Florida in this month’s Advisor Download. #401k

According to the National Institute on Retirement Security, nearly 80% of Americans believe that we are in a retirement crisis. As retirement planning becomes increasingly crucial, HR professionals and Benefits Administrators need effective strategies to educate retirees on managing their benefits. The shift towards digital solutions has opened new avenues for conducting these essential workshops, ensuring that retired employees remain informed and empowered about their retirement benefits choices. Read our guide to conducting these workshops here: https://lnkd.in/eBJvGJ4U

For the first time, nearly three-fifths of American workers now have access to 401(k) retirement plans. It is so exciting to see more and more employers realize the importance of providing their employees with a retirement plan. In today’s world, 401k plans are becoming less of a “nice to have” and more of a “need to have.” https://lnkd.in/gQRWyy6e

According to a survey by the Employee Benefit Research Institute, 80% of retirees believe they need more money saved for retirement than they initially anticipated. Comprehensive retirement planning is essential to ensure financial security during your golden years. https://lnkd.in/ghDzmYiS #RetirementPlanning #FinancialSecurity #PlanAhead"

🔍 Check out this insightful guide on State-Mandated Retirement Plans! 📑 #SecureAct #SecureActGuide #MandatedRetirementPlans #401K #403B #RetirementSavings #StateCompliance #EmployerBenefits #401kOptions #HR #HumanResources

Over 30 states have explored the implementation of state-mandated retirement plan legislation, with 17 states already having laws in place to support state-sponsored retirement plans. It's important to note that even if your state does not mandate a workplace retirement plan, you might still need to comply if you have a certain number of employees reporting income in a state that does. Is your business ready?