Articles

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.

Posted on Jan 14, 2020

When we talk about 401(k) retirement plans, we sometimes focus on the contributions made by employees that are always immediately vested. In other words, it's their money and they can always withdraw it without forfeiting any - subject to certain IRS rules about early withdrawals.

Posted on Jan 3, 2020

As more and more states legalize marijuana for medical and recreational use, employers are increasingly faced with legal questions about their drug-free workplace policies, including pre-employment drug screening.

Posted on Dec 13, 2019

As of October 1, 2019, a new law called the “Time’s Up Act” significantly expands sexual harassment training requirements for Connecticut employers. Previously, only employers with 50 or more employees were required to provide sexual harassment training to managers and supervisors.