Selling Used Cars? Get a DMV Bond!
If you have an entrepreneurial spirit (or if you are just hoping to buy a reasonably priced car), you’ll want to take note of this trend: used cars are in huge demand, with prices skyrocketing…
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What are VA Fiduciary Bonds?
The United States Department of Veteran’s Affairs (VA) cares for, serves and honors America’s veterans. The VA’s “fiduciary program” provides oversight of benefits for the most vulnerable veterans—those who cannot manage their benefits on their…
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Colonial Surety Company Introduces Simplify And Partner: A New Online Digital Approval Process for Contractors
WOODCLIFF LAKE, NJ October 26, 2020 Colonial Surety Company is thrilled to announce the launch of a direct and digital pre-qualification process for bid and performance I-Bonds®, empowering contractors across the country to simplify, partner,…
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401(k) Class Action Suits on The Rise: Protect Yourself and Your Plan
Benefits lawyers are currently experiencing a flood of lawsuits related to 401(k) plans. Plan sponsors need to closely follow ERISA regulations and ensure protection for retirement plans—and themselves. Challenging 401(k) Plan Fees An analysis by…
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Guardianship and Guardianship Bonds: Important Updates
When a court orders a guardianship for someone deemed unable to safely make their own decisions, a fiduciary bond is generally required. These court-mandated guardianship bonds are critical and must be obtained quickly from a…
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The 401(k) Partial Termination Rule: Have You Invoked It?
Navigating the pandemic continues to force companies to make tough choices, including temporarily or permanently reducing the workforce. Plan sponsors need to assess the ramifications for 401(k) plans. Understanding the IRS Partial Termination Rule…
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Experts Predict Growth: Prepare to Build-and Bid
The outlook for major spending on infrastructure is strong—regardless of election results. For contractors, now is the time to prepare for growth. Optimism from Market Analysts One strong indicator for growth is that the…
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Going Beyond Passwords for Protection!
The pandemic has led to an accelerated transformation in the business world. Yet, identity protection continues to rely mostly on passwords. With the cost of identity fraud rising, what does the future hold? Steering…
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Understanding Estates and Estate Bonds: Advice for Families
Understanding Estates and Estate Bonds: Advice for Families “You can’t take it with you”—is frequently cautioned among family and friends. Yet, many of us can’t seem to bring ourselves to plan ahead for our valuables….
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