Articles

Compensation, Retirement, and Benefits Trends 2021-22

Each year, Newport’s Compensation Consulting team surveys employers across the country to gather data on the current state of compensation, retirement and benefit programs. The result is our annual Compensation, Retirement and Benefits Trends Report.

Ascensus and Newport to Combine and Create a Leading Provider in Tax-Advantaged Savings 

Ascensus has entered into a definitive agreement under which Newport will merge with Ascensus. The newly combined organization will offer a broader set of capabilities and products to benefit institutional partners, clients, advisors, and savers.
 

2022 IRS Plan Limits

The IRS announced its cost-of-living adjustments (COLA) for 2022. These limits are important for both tax-qualified retirement plans as well as many non-qualified plans.

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Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. 

Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. Securities in California are offered through Newport Securities Insurance Services. For more information about Newport Group Consulting and its services, Newport Group Securities, Inc. or Newport Securities Insurance Services and services offered, please refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905, visit our website at www.newportgroup.com, or advisorinfo.sec.gov.  

Newport Trust Company is a New Hampshire state-chartered trust company Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans.

Newport Group Consulting, LLC, Newport Group Securities, Inc., and Newport Trust Company are subsidiaries of Newport Group, Inc., an Ascensus Company.