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Significant Victory for Church Benefits Plans

21 December 2019, by Concordia Plan Services

In December legislation was signed into law that positively impacts the benefits plans CPS administers for the ministries and workers of The Lutheran Church—Missouri Synod. The legislation was supported by the Church Alliance, a coalition representing 38 denominational benefits organizations that is currently chaired by CPS President and CEO Jim Sanft. The attached explanation has […]

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Do You Know Your Limits?

Everything has its limits, including the Internal Revenue Service. Each October the IRS releases limits for pension plans, retirement savings plans and other retirement related financial plans. Take a minute to review the information below, so you’ll know your limits. Contribution Limits: For 2019, the worker contribution limit to an employer-sponsored retirement savings plan, like […]

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Know the IRS Limits to Help Your Workers

Each October, the IRS releases limits for retirement savings plans and other retirement related financial plans. As an employer, it is important for you to be aware of these changes so you can properly administer your retirement savings plan. Contribution Limits: For 2019, the worker contribution limit to an employer-sponsored retirement savings plan, like the […]

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