Shore Tompkins Actuarial Resources

Stay Informed: Key Updates for November ?? With the latest IRS rulings on benefit flexibility, now’s the time to help your clients enhance their benefit plans. Our latest newsletter dives into essential updates to keep you and your clients ahead. What’s Inside: ?? Flexible Benefit Options: Employers can now allow employees to allocate contributions across a range of benefits, including retirement savings (401(k)) and healthcare (HSAs, HRAs). ?? Why This Matters: Flexible options can attract and retain top talent, boost satisfaction, and maintain tax advantages. ?? Important Deadlines: - Nov 15: SARs distribution deadline - Dec 1: Safe harbor, QDIA, and enrollment notices due ?? Interested in learning more? Read the full newsletter here: https://hubs.la/Q02YhR6j0 ?? Contact us today to learn how we can support your year-end planning: https://hubs.la/Q02YhLmY0 #ShoreTompkins #LibertyPartner #RetirementPlanning #EmployeeBenefits

?? 2025 IRS Retirement Plan Limits: What You Need to Know! ?? The IRS has released the 2025 retirement plan limits, expanding opportunities to boost your retirement savings. Understanding these changes can help you make informed financial decisions. Here’s a look at the key updates: ? ?? 401(k) Deferral Limit: Raised to $23,500, giving you more room to save. ? ?? New Special Catch-Up Contribution for Ages 60-63: $11,250 (instead of $7,500), offering a valuable boost for those nearing retirement ? ?? Maximum Annual Contribution: Now up to $70,000, allowing a larger annual investment in your future. ? ?? Defined Benefit Plan Limit: Increased to $280,000, helping higher-income earners maximize their benefits. These updates present exciting ways to enhance your retirement strategy. To navigate these changes, check out our detailed guide here: https://hubs.la/Q02XC9Fm0 ?? Interested in personalized guidance? Contact us today for expert advice tailored to your retirement goals: https://hubs.la/Q02XBWty0 #ShoreTompkins #LibertyPartner #IRSUpdate #RetirementPlanning #PlanForTomorrow #RetirementGoals

Boo! ?? Happy Halloween! ?? Tonight is all about spooky fun and festive thrills! Whether you’re carving pumpkins, exploring haunted houses, or showing off your most creative costumes, we hope your Halloween is filled with excitement and joy. We’d love to see how you’re celebrating—share your favorite Halloween memories in the comments below! ????? #ShoreTompkins #LibertyPartner #Halloween #SpookySeason #TrickOrTreat

?? Fall Highlights for Plan Sponsors: Stay Ahead with Our Quarterly Update! Autumn is the perfect time to ensure every detail of your retirement plan is in place for year-end. Our latest newsletter brings key insights and reminders to keep your plan prepared and compliant. ?? Key Highlights: - Fiduciary Rule Update: The new Fiduciary rules are currently on hold, but a review of current practices is a smart step to stay prepared. - Year-End Checklist: ?? Notices: Safe Harbor, ACA, and QDIA deadlines are approaching—be ready by December 1st. ?? Fee Disclosures & SARs: Ensure participant disclosures and reports are squared away. ?? Plan Amendments: Properly document any changes made to your plan throughout the year. - New Benefit Flexibility: A recent PLR allowed employee discretion on how to allocate employer contributions – allowing choice to 401(k), HSAs, and student loan repayment. Stay ahead of the curve! Read the full newsletter here for essential details: https://hubs.la/Q02Wdp320 ?? Need support for your plan? Contact us today for tailored assistance: https://hubs.la/Q02Wdgp00 #ShoreTompkins #LibertyPartner #RetirementUpdates #YearEndChecklist #ProactivePlanning #Compliance

At Shore Tompkins, we specialize in creating customized retirement plans designed to meet your unique goals, all while maximizing tax benefits and ensuring regulatory compliance. What We Offer: ?? Tailored Plan Designs – Customize retirement plans based on tenure, role, and compensation. ?? Maximized Benefits for Owners – Creative solutions allowing contributions of up to $300K+ per owner, with over 90% of benefits directed to key employees. ?? Personalized Service – From setup to ongoing administration and compliance, your personal retirement plan consultant is here to help. ?? Proactive Consulting – Stay ahead with regular reviews and adjustments to ensure your plan evolves with legal changes. Ready to take the next step in securing your business’s future? ?? Contact us today to learn more: https://hubs.la/Q02S317r0 #ShoreTompkins #LibertyPartner #RetirementPlanning #EmployerSolutions #BusinessGrowth #EmployeeBenefits #PlanAhead

Happy 20th Shore Tompkins! Wow! Can’t believe it’s been 20 years since Neil Shore and I started Shore Tompkins Actuarial Resources. Our vision was to create a TPA firm valued for its creativity and high client service standards. I’m proud to say “we did it!”. Our team of professional consultants deliver on these values each and every day. We are so lucky to work with this wonderful group of experts and friends! Thank you team, you are the best!

Prioritize your well-being this #EmotionalWellnessMonth! ?? It’s a perfect opportunity to nurture your mental health and build lasting emotional resilience. At Shore Tompkins, we believe that when you care for your emotional health, you unlock your true potential. This month, let’s focus on strengthening our inner peace and resilience with these simple yet powerful practices: 1. ?? Practice daily gratitude 2. ??♀? Embrace mindful movement 3. ??? Set healthy boundaries Are you ready to make a change? Share your favorite self-care tips in the comments and inspire others to prioritize their emotional wellness too! For more guidance on enhancing your emotional well-being, visit: https://hubs.la/Q02S3mFX0 #ShoreTompkins #LibertyPartner #Wellness #SelfCare

At Shore Tompkins, we believe that #Excellence is more than a goal—it’s the foundation of our success and the essence of our work. ?? It drives us to continuously raise the bar and deliver the highest quality in everything we do. To achieve this, we focus on: ?? Pioneering Standards: We are committed to advancing our methods and setting new benchmarks in quality and innovation. ?? Surpassing Expectations: Our dedication is to go beyond conventional standards, ensuring that every outcome reflects our pursuit of exceptional results. ?? Honoring Achievements: We take pride in recognizing outstanding contributions and fostering an environment where excellence is celebrated and encouraged. We’d love to hear how you pursue excellence in your professional or personal life. Share your experiences and insights with us in the comments below! #ShoreTompkins #LibertyPartner #CoreValue

Happy #WorldSmileDay! ?? At Shore Tompkins, we believe in the power of a smile to spread joy and positivity. A simple smile can brighten someone’s day, lift spirits, and create a ripple effect of kindness that reaches further than we might imagine. ?? Today, let’s make the world a little brighter—whether it’s through a kind word, a helping hand, or most importantly, sharing a smile with someone who needs it. Every small act of kindness makes a big difference! ?? How are you spreading smiles today? Share your experiences in the comments and inspire others to join the movement! ??? #ShoreTompkins #LibertyPartner #SpreadKindness

Stay Ahead of Year-End Retirement Deadlines! As fall sets in, now is the perfect time to make sure your clients’ retirement plans are prepared for key year-end requirements. ?? Our latest newsletter is packed with essential tips to help you stay on track and avoid last-minute challenges. What’s Inside: ?? Important Notices: Safe Harbor, ACA, and QDIA deadlines are fast approaching. ?? Fee Disclosures & Reports: Don’t miss those critical participant fee disclosures and SARs. ?? Year-End Considerations: Forfeiture allocations, RMDs, plan amendments—you name it, we’ve got it covered! ? Upcoming Deadlines: Keep October 15th and December 1st on your radar. Stay informed and proactive! Read the full newsletter here for all the insights you need: https://hubs.la/Q02S3j6f0 ?? Contact us today to see how we can support you throughout the year-end process: https://hubs.la/Q02S3k410 #ShoreTompkins #LibertyPartner #RetirementPlanning #YearEndPrep #FinancialWellness #Compliance