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Safe Harbor Rule Benefits All
by Mary Spanier
The Department of Labor proposed the allowance of a seven-business day safe harbor for the deposit of contributions to small pension or welfare plans. If adopted, it would benefit both the employer and the participants. More
Quality Resources for Your Plan Administration
Recent changes to the plan environment have imposed new requirements for reporting plan investments, for ERISA-covered 403(b) plans, and on audits. Auditors will conduct more detailed reviews of the operating environment, financial processes, and transaction cycles of plans. More
Enhancing Our Commitment to Benefit Services
Effective November 1, 2008, ValienteHernandez P.A. will join LarsonAllen. With a strong benefits emphasis, this move strengthens LarsonAllen’s commitment to the service. More
 Offering Health Savings Accounts
by Lori Matteson
Companies that offer cafeteria-style health benefits can add a menu option for their employees: health savings accounts (HSAs). The benefits to employees and employers are attractive; however, there are also drawbacks. Carefully consider your entire health benefit strategy before making HSAs available. More
Upcoming Changes to 403(b) Plans Require Foresight—Don’t Risk Noncompliance
Organizations need to begin preparing to ensure compliance with the first major regulation changes to 403(b) plans in four decades. They generally become effective on January 1, 2009. Revisions to the Form 5500 filing requirements also go into effect at the same time—making certain 403(b) plans subject to an audit—similar to
401(k) plans. More
Health Savings Account Update
An HSA is one of the special tools that can exclusively (or in combination with an FSA, HRA, MSA or Traditional Health Coverage) offer a health coverage program designed to meet the requirements of an Employer. More
 Quality Counts for Your Plan's Financial Statement Audit
The higher the quality of your plan's financial statement audit, the more reliable the information used to manage and administer the plan. A quality audit will help protect the assets and the financial integrity of your employee benefit plan and ensure that the necessary funds will be available to pay retirement, health, and other promised benefits to your employees.
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