Employer Resource Center

Clarifying the CARES Act: IRS Issues Additional Guidance
Team SummitEmployer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
Almost three months after the passing of the CARES Act in March, the Internal Revenue Service issues some much sought-after, additional guidance on various CARES Act provisions that had been left up to interpretation. A primary intention of the CARES Act was to provide relief for individuals impacted by the COVID-19 pandemic. You can view  Read More →
DOL Issues Updated Electronic Disclosure Rules
Team SummitEmployer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
With mounting pressure to streamline retirement plan notice delivery and to help ensure delivery requirements can efficiently be met, the Department of Labor has issued updated electronic disclosure rules in the form of a new electronic delivery safe harbor provision. The new safe harbor permits the following two optional methods for electronic delivery: Website Posting  Read More →
Why You Need to Communicate with Employees
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Many businesses have started to understand how vital it is for employees to understand their retirement options, and are increasingly including employee education in fiduciary risk management, whether it’s in the form of one-on-one counseling or educational seminars. Take a look at these reasons why you should constantly communicate with and educate your employees. Gossip  Read More →

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