Form 5500: Is Yours Due?
Failure to correctly file Form 5500 comes with big penalties—and can trigger additional compliance challenges. The calendar year is the basis for many retirement plans, so, if your retirement plan runs on a calendar…
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Cybersecurity—and Lawsuits Too
The disruption and costs for retirement plan sponsors continues long after hacks or other forms of cybercrime invade the retirement plan. Lawsuits are keeping plan sponsors and record keepers busy. Experts urge preventative action…
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Having Enough: Savings
Retirement plan participants are cancelling illusions of grandeur about older age and leaning in on more practical considerations. There’s a growing focus on having enough savings to maintain a healthy and ordinary life without…
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New Tunnels: For Real?
New train tunnels have long been needed to facilitate commutes from New Jersey into New York City’s Pennsylvania Station. Considered one of the most important and ambituous transportation projects in the country, plans and…
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Winning Bid: Knik-Goose Bay Road
A $55 million highway reconstruction build is set to get underway in Alaska this summer with completion slated for late 2024. Federal funds, administered by the Alaska Department of Transportation, will foot the bill. Granite…
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Building for The Arts
In-person! Whether for sports, the arts or in a park, attention is happily returning to in-person gather-ups and events. New Hampshire’s Dartmouth College has joined other institutions of higher education across the country in…
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Small Contractors: Relief From Undue Burdens?
Bipartisan support in Congress may result in legislation requiring federal agencies to demonstrate fair and ethical treatment of small construction contractors during the procurement process. Specifically, the Small Business Payment for Performance Act would…
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401k: Theft?
It’s happening. Recently, for example, a man in Maryland was indicted for money laundering, after implementing a computer fraud scheme to illegally access $246,390 from a 401k account. No wonder the Department of Labor—and…
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Zillennials at Work
Robust benefits packages are extremely important to Zillennials—the “micro generation” of employees in the 24-29 range. According to new survey data, so is having a sense of purpose on the job and a work…
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