The Internal Revenue Service (IRS) issued guidance recently on how to change interest crediting rates in a cash balance (CB) plan. The Issue Snapshot posted on the IRS website on May 31 analyzes some of the implications of amending a CB plan to actually or potentially decrease the interest crediting rate.
Not everyone gets a good night’s rest. From home obligations to stress, there are seemingly hundreds of reasons why your employees may not be getting the necessary shut-eye each night. Almost all of us have felt the urge to take a quick refreshing nap during the day, and many sleep experts agree that it can […]
by Dan Oswald Let me see if something strikes a chord with you as it did with me. As a manager, you’re asked to be a wise steward of the resources given to you. That means not only generating an appropriate amount of revenue and profit with the resources you manage today but also investing […]