A Better Alternative: Newport Group Helps Client and Advisor Newport Group solutions offer better options for the client and its advisor.
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If you’re a plan advisor, you can help your plan sponsor clients revisit their plan’s eligibility and vesting requirements to ensure their plan is competitive and driving their desired participant savings outcomes.
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The interest in insurance company-owned life insurance (ICOLI) has rapidly increased over the last few years as the economic environment has left insurers with fewer alternatives to meet their objectives.
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BOLI products have provided consistently attractive performance over multiple interest rate cycles, with steady and predictable earnings.
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Newport Group’s Compensation Consulting team has issued our 2016/2017 CRB Trends Report. It features key survey data as well as commentary and analysis of the latest trends and strategies for managing compensation, retirement and benefits programs. Click here to read our Executive Summary.
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Each year, the Internal Revenue Service publishes updated dollar limitations for tax-qualified defined benefit and defined contribution plans. The IRS announced that there will be cost of living adjustments to certain qualified plan limitations for 2017.
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Along with proposed regulations under Code Section 409A that were issued on June 22, 2016, the Internal Revenue Service simultaneously published proposed regulations providing updated guidance on deferred compensation plans under Internal Revenue Code Section 457. The regulations will generally apply to amounts deferred in calendar years after the date they are finalized, and to amounts deferred prior to that date that were not previously included in income. Until finalized, employers may rely on the proposed regulations.
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On April 6, 2016, the Department of Labor (“DOL”) published final regulations defining the types of financial communications with plan sponsors and participants that constitute fiduciary advice under ERISA.
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The IRS announced yesterday that there will be no cost of living adjustments to the qualified plan limitations described below for 2016.
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In IRS Announcement 2015-19, the IRS announced it is making changes to its determination letter program.
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