Blog

I Can’t Get No Satisfaction

June 4, 2019

I Can’t Get No Satisfaction

Little did the Employee Benefits Research Institute (EBRI) know that Benefit Equity, Inc. (BEI) would be quoting The Rolling Stones when their latest retirement survey was released this year.

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Benefit Equity, Inc. 5th Annual Golf Classic Raises $5,500 for the Elderly In Southern California

May 31, 2019

Benefit Equity, Inc. 5th Annual Golf Classic Raises $5,500 for the Elderly In Southern California

Local retirement administration firm, Benefit Equity, Inc., recently raised $5,500 for Orange County’s Council on Aging with its 5th Annual Golf Classic. The event took place on May 17, 2019 at the Tustin Ranch Golf Club. 

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New Legislation Makes it Easier to Save for Retirement

April 25, 2019

New Legislation Makes it Easier to Save for Retirement

On April 1, 2019 the Senate Finance Committee introduced the Retirement Enhancement and Savings Act (RESA) of 2019, which mirrors the House Ways & Means Committee’s SECURE Act of 2019 that was unanimously approved in a vote by that committee.

With both acts receiving bipartisan support this is the best opportunity for retirement security legislation to pass Congress in more than a decade.

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401(k) Investors Could Pay Tax Aimed At Wall Street Traders

March 7, 2019

401(k) Investors Could Pay Tax Aimed At Wall Street Traders

It’s hard to imagine Congress wanting to tax Americans who are diligently saving for retirement by investing automatically into their company retirement plans, but that’s what a newly proposed “transaction tax” appears to do.

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New Rules for Hardship Distributions

March 4, 2019

New Rules for Hardship Distributions

When an employee participating in their company’s 401(k), 403(b), or Profit Sharing Plan has a financial need, most plans have a participant loan provision. If the financial need amounts to an “immediate and heavy financial need,” the plan can allow for a hardship distribution.

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