Articles

Posted on Mar 26, 2020

TPS Group will continue representing the interests of you and your employees during this crisis and keep you informed of developments while providing guidance across a range of workplace issues. Read below for details on the CT Recovery Bridge Loan Program.

Posted on Mar 25, 2020

The IRS on March 24 updated its website to indicate that it has extended until July 15, 2020 the deadlines for making contributions to workplace-based retirement plans, IRAs and health savings accounts for 2019.

Posted on Mar 19, 2020

As America has nearly shut down overnight due to the coronavirus pandemic, our local business community has acutely felt the loss of customers and its community. Many business owners are wondering whether they can weather the economic storm. While the precautions that have forced us indoors to stop the spread of the virus are necessary, we can still show our support for our local stores, restaurants, coffee shops, and other businesses.

Posted on Mar 16, 2020

At TPS Group, we care deeply about the safety of our employees, customers, and communities. Due to the evolving situation with the coronavirus (COVID-19) pandemic and out of an abundance of caution, the majority of TPS staff will now be working remotely.

Posted on Mar 13, 2020

It’s a good idea for employers to convene a response team and designate someone, such as a member of Human Resources or Employee Safety, who will manage communications about the virus and serve as the point person for employee questions and concerns.

Posted on Mar 3, 2020

Small businesses in America employ the majority of the nation’s private workforce, and most include Human Resources professionals as part of their team of outside consultants, like their accountants, attorneys, and other specialists.

Posted on Feb 12, 2020

The goal of our nation’s retirement system is to create more opportunities for American workers to save and to make it easier for employers like you to start and maintain benefit plans. With this in mind, Congress just passed, and the President signed the SECURE Act.

Posted on Feb 4, 2020

A competent TPA relieves an employer of the day-to-day processes involved with a retirement plan, and ensures the plan is in compliance with state and federal law. But are you confident that you’re getting good customer service from your TPA? Evaluate your TPA’s performance with these six questions.

Posted on Jan 23, 2020

Any of these changes may have implications for your retirement plan and how it benefits you and your employees. Our goal is to make sure your plan takes advantage of the latest tools and design options to optimize its potential and performance for you. So, if there’s anything new in your world, let’s talk.

Posted on Jan 20, 2020

Each participant has a hypothetical account balance which grows annually in two ways: first, a principal credit, which is a contribution usually defined as a percentage of pay, and second, an interest credit, which can be guaranteed rather than dependent on the plan’s investment performance.