EBP - BMSS, LLC

New Requirement to Cover Long-Term Part-Time Employees in 401(k) Plans Enters Into Effect

The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act of 2019) and the SECURE 2.0 Act of 2022 (collectively, SECURE) enacted a new mandate that, starting

Changes to the 2023 Form 5500

The Department of Labor (DOL) released the final changes to Form 5500 relating to the September 2021 notice of proposed form revisions (NPFR) to amend Form 5500. The changes fall

Employee Benefit Plan Audits: Common Deficiencies and Keys to Success

Written by Emily Riles, CPA After the tax and audit deadlines in April, many companies begin to prepare for their Employee Benefit Plan (EBP) Audit for their 401(k) plan, 403(b)

Alabama Retirees to See Tax Cut in 2023

Written by Drew Nicol, CPA Earlier this year, Governor Kay Ivey signed HB162 into law which exempts the first $6,000 of retirement income received by individuals aged 65 and older

If You Require an EBP Audit, Changes Are Coming

If your company’s employee benefit plan (EBP) is required to have an annual audit performed under ERISA, particularly if you have a limited scope audit, please note that your audit

EBP Audits – Does Your Plan Require an Audit? If So, How Can You Prepare?

Written by Ashley Caldwell, CPA A retirement plan is a great benefit to provide for your employees in a world where there is much uncertainty surrounding Social Security. According to

New Requirement to Cover Long-Term Part-Time Employees in 401(k) Plans Enters Into Effect

New Requirement to Cover Long-Term Part-Time Employees in 401(k) Plans Enters Into Effect

Changes to the 2023 Form 5500

Employee Benefit Plan Audits: Common Deficiencies and Keys to Success

Alabama Retirees to See Tax Cut in 2023

If You Require an EBP Audit, Changes Are Coming

EBP Audits – Does Your Plan Require an Audit? If So, How Can You Prepare?

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