Congruent sheds light on the topics and questions that matter to you, so that you’re equipped with new ideas to innovate, in the competitive landscape of record-keeping and plan administration. Our in-house experts offer insights you can harness.


A SIMPLE Retirement Plan For Small Businesses

Categories : Record Keepers Retirement Retirement Plans Retirement Savings Plans
Tags : Plan Document Recordkeeping Retirement Savings Plans
Author : Dhiraj

Savings Incentive Match Plans for Employees (SIMPLE) are retirement plans offered by small businesses, which have simplified plan rules. The SIMPLE IRA plan combines features of a SIMPLE plan and a Traditional IRA plan.

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Retirement Savings Plans – the Plan Migration Worries

Categories : Record Keepers Retirement Retirement Plans Retirement Savings Plans
Tags : Plan Document Recordkeeping Retirement Savings Plans
Author : admin

Conversations with a few top record keepers in the retirement savings space led us to a predicament, which, albeit not too frequent, is but of significant importance in the retirement industry. While day-to-day recordkeeping woes have mostly been addressed through currently available off-the-self solutions or through custom built applications thereby making a sponsor’s life relatively easy, there still remain a few problem areas in plan conversions and migration that require attention from the SME (Subject Matter Expert) fraternity in the retirement domain.

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