Simplify Contributions Management with Employer Edge™ and MyEmployer Edge
Looking to streamline your contribution reporting and payment processes? Discover how Employer Edge™ by Zenith American Solutions and MyEmployer Edge can revolutionize your approach. These secure online platforms are designed to simplify contribution reporting, manage remittance information, and monitor employee data in real-time. Learn how these tools can enhance efficiency and accuracy in your financial operations.
Highlighting Ben Halmers, VP of Retirement Benefits & Advancements to Pension Application Capabilities and More
Are your participants prepared for online pension applications? Ben Halmers, Zenith’s VP of Retirement Benefit Plan Operations, is revolutionizing the retirement journey with innovative online features. Discover how our newly enhanced integrated portals are transforming the experience for Pension Plan participants, and why you won’t want to miss out on these exciting updates.
Celebrating 80 Years of Excellence: A Legacy of Trustworthiness and Expertise
As Zenith American Solutionc celebrates 80 years in the benefit administration industry, we examine how strategic mergers and acquisitions have fueled our growth. This article explores how these strategic moves have allowed us to enhance our services and maintain our role as a top provider of third-party benefit plans for Union groups.
Further Enhancements to Your Security: Two-Factor Authentication Update
In today's digital era, safeguarding your personal and financial details is more crucial than ever. Zenith American Solutions has taken a proactive step to enhance your online security by introducing two-factor authentication (2FA) to our client portals. But what exactly is 2FA, and why is it so vital? This article dives into the specifics of 2FA, informing you how this added layer of security functions to safeguard your confidential information from unauthorized access, and how to enable it on your account.
Successfully Audited: SOC1 and SOC2 Update
Zenith American Solutions (Zenith) is proud to announce the successful completion of both the AICPA SOC1, Type 2, and SOC2, Type 2 audits. The completion of this rigorous assessment underscores our unwavering commitment to the highest standards of security and operational excellence.
Unlocking the Benefits: The Power of Your Member ID Card
Unleash the full potential of your union health and welfare plan benefits, and access your Zenith team through your member ID card. Your ID card is a comprehensive resource providing specific information, including the specific phone number for you to reach your Zenith Customer Care team.
Unlocking Your Benefits: Consumer-Driven Health Plans Simplified
To ease out-of-pocket costs and improve your overall well-being, it’s recommended that you utilize the consumer driven health plans (CDHPs) offered by your employer for eligible health expenses. With the help of online and mobile tools, you can manage your available funds and maximize your overall savings.
IRS Indexed Limits for 2024
Review the IRS indexed dollar limits to qualified retirement plans for 2024.
Simplifying Benefit Plans and Empowering Union Members: The Role of a Taft-Hartley Third Party Administrator
In today's landscape of benefit plans and administrative complexities, Taft-Hartley Third-Party Administrators (TPAs) have emerged as trusted partners, providing invaluable services to Trustees, employers, plan participants, and their families. In this article, we explore the core values of TPAs and dive into the wide range of tasks they perform, highlighting their central role in simplifying administration, ensuring compliance, and optimizing benefits.
Celebrate Cybersecurity Awareness Month with tips from our Cybersecurity Team.
October is National Cybersecurity Awareness Month, an annual campaign to raise awareness about the importance of cybersecurity. In this digital age, advanced protection of sensitive personal data is pivotal. Thankfully, there are preventative measures we can take to fend off potential cybersecurity attacks.
Secure Act 2.0 Changes Impacting Qualified Retirement Plans
SECURE 2.0 was signed into Law in December 2022. There’s a lot to unpack in it. This article is a Zenith American Solutions summary of some of what we feel are key changes. The Act includes a substantial number of changes and options for Trustees and other Plan Sponsors to review and consider.
Final Regulations on Special Financial Assistance for Underfunded Multiemployer Defined Benefit Plans Released
On July 8, 2022, the PBGC released the final regulations for plans applying for Special Financial Assistance under the American Rescue Plan Act of 2021.
Zenith’s Pension Director chosen To speak at the National Association of Police Organization’s Annual Pension and Benefits Seminar
Zenith’s Pension Director, Steven Mendelsohn, EA, FCA, MAAA, FSPA, has been chosen to speak at the National Association of Police Organizations (NAPO)’s 33rd Annual Pension & Benefits Seminar.
Defined Benefit Plans - A Better Bang for the Buck
Discover the latest findings from the National Institute on Retirement Security (NIRS) on the cost advantages of Defined Benefit (DB) plans over Defined Contribution (DC) plans. Learn how DB plans provide significant savings through longevity risk pooling, higher investment returns, and balanced portfolios. Explore the study’s key insights and implications for retirement planning.
Zenith’s Retirement Benefit Expert Steve Mendelsohn Chosen for Prestigious National Committee
Zenith American Solutions’ Steve Mendelsohn has been chosen to be on the American Academy of Actuaries Multiemployer Plans Committee. Steve is an actuary in Zenith American Solutions’ pension practice with extensive pension experience.
PBGC Approves First Two Plans for Funding Relief under ARPA ’21
PBGC Approves First Two Plans for Funding Relief under ARPA ’21
Department of Labor Releases FAQs on Required Lifetime Income Illustrations for DC Plans
Retirement Benefit Expert and Actuary provides an update on the Department of Labor’s Temporary FAQs for the lifetime income illustrations that will be required for most Defined Contribution plans.
What’s the News on Lifetime Income Disclosures?
Previously, we provided a brief background on the American Rescue Plan Act of 2021 (“ARPA”) and its potential impact on Multiemployer Defined Benefit Plans. This article provides more details on the various provisions impacting those plans.