12 April FIS Recognizes Spectrum for Innovation in 2018 Impact Awards April 12, 2018 By Petros Koumantaros Announcements FIS, Impact, Award, technology, innovation FIS, a global leader of financial technology, recognized Spectrum in the 2018 FIS Impact Awards for innovative use of FIS technology to simplify origination and servicing of individual retirement accounts (IRAs). The solution, developed to meet the needs of a key Spectrum client, allows individual investors to originate and manage IRAs online. The solution has allowed Spectrum’s client to grow its IRA business, while significantly reducing account origination times and telephone support requests. The FIS Foundation made $10,000 donations in each award winner’s name to charitable organizations designated by the award winner. Spectrum is thrilled to designate $5,000 for the American Cancer Society and $5,000 for the Pano Koumantaros Cancer Research Fund, which is named after Spectrum's founder who tragically died from bladder cancer in 2005. View the FIS Press Release Related Spectrum Update and Service Enhancements Q1'2018 We provide a brief update on our firm and some exciting product and service enhancements we recently introduced: Spectrum Payroll360, Spectrum FinWell, and On-Site Plan Education. Spectrum Open 2017 Registration Registration is open for the 2017 Spectrum Open Charity Golf Tournament and Dinner Event, benefiting the Pano Koumantaros Cancer Research Fund. New Retirement Plan Limits Announced for 2018 The Internal Revenue Service annually updates dollar limitations for pension plans and other retirement-related items for tax year. On October 19, 2017 they published updates limits for 2018. Newly Implemented Cloud Technologies Improve Client Outcomes Spectrum Pension Consultants, Inc. has deployed new cloud technology solutions designed to support employer organizations and deliver improved outcomes for their workforce. ERISA Workplace Retirement Plan Limits The federal government annually publishes updated qualified retirement plan limits, which impact the contributions, benefit accruals, and compliance of ERISA covered qualified retirement plans. This article provides summary tables with explanations of the changes to plan limits in recent history. Addressing Worker Financial Stress | Leased Employees | 4 Compensation Mistakes to Avoid | And More Our featured article examines employee financial stress, its impacts on workers and employers, and how employers can address the problem through financial wellness programs. We also include articles on retirement plan issues for leased workers, compensation mistakes to avoid in workplace retirement plans, and more. Please enable JavaScript to view the comments powered by Disqus. blog comments powered by Disqus