TPS Group Provides Retirement Plan Management, Payroll, and Benefit Solutions
TPS Group is a family of companies providing a variety of products and services in the area of Retirement Planning and Plan Management, Payroll, and Benefits. By offering an a la carte menu of specialized services, TPS Group can help you run your business more efficiently.
Our Strategic Partner for HR Services: Blueprint HR Solutions
Blueprint HR Solutions provides expertise in all key HR functional areas. Even organizations with fully developed HR departments can run into unexpected challenges. Whether you need guidance on a particular matter, help executing an HR initiative, an outside third-party perspective on a critical issue, or simply expertise in an area such as compensation, our experienced HR Consulting team is a strategic partner for you at all levels of your organization.
Many employees have worked for us for 15 years or more, often bringing with them business savvy gained throughout their careers.
We continue to combine our use of cutting-edge technology in providing clients what they need.
The Latest News
Employers: Now’s the Time to Act!
Posted on Sep 15, 2023
If you’re an employer with a SIMPLE IRA plan and want to switch to a 401(k) profit-sharing plan by January 1, 2024, you must notify employees by November 1, 2023. A 401(k) profit-sharing plan offers discretionary contribution employer matches or profit-sharing each year, with the amount determined by the company's financial wellness. »
Two-Year Delay Roth Catch-Up Contribution Provision
Posted on Aug 28, 2023
This two-year transition period gives employers, sponsors, and record-keepers more time to prepare, especially for those employers who do not currently allow Roth deferrals in their retirement plans. »
Understanding Retirement Catch-Up Contributions in 2024
Posted on Aug 25, 2023
The SECURE 2.0 Act, implemented in December 2022, introduces changes to retirement savings catch-up contributions, allowing Americans over 50 to contribute more to their 401(k) accounts, with special provisions in 2024 for high-earners to make Roth contributions and a new contribution limit in 2025 for those aged 60-63. These catch-up contributions aim to help older Americans bridge the gap in their retirement savings. »