Employer News | September 2018

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In This Issue

Upcoming Seminars



Audit Section
(907) 465-5707

Financial Education and Advice Services
(800) 232-0859

Member Services Counseling Services
(907) 465-4460

Member Services Contact Center
(907) 465-4460

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Employer Services


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EmCon 2018—Better Together


The State of Alaska Division of Retirement and Benefits is proud to offer this learning opportunity to our partners who help support our mission of guiding Alaskans to lifetimes of well-being. Our goal for the 2018 employer conference is to provide exceptional education and create productive connections so we can all more effectively administer our shared retirement and benefit plans.

For more information on the 2018 Employer Conference including registration, schedule of events and discounts, click here

Tips for Regional Counselors


Regional Counselors and Empower Retirement Representatives will be traveling during the months of August-November, and February-June, 2018-19.

What can employers do to make a site visit successful? 

Below are tips for a successful visit. Check out our short list of recommendations that will make a world of difference to your employees.

  1. Work with the Regional Counselor to establish the best days for a site visit. Regional Counselors normally contact employers 1 to 2 months prior to the site visit.

  2. Determine how to utilize the time. Most employers don’t know that Regional Counselors are able to provide both employee and employer education. This could be one-on-one appointments or seminars.

  3. Notify the employees that counselors are on site.

  4. Keep a sign-up sheet to establish a working schedule. Most field appointments with the Division of Retirement and Benefits representatives last about 20 minutes. If the representative is with our partners at Empower Retirement, 30 minutes.

  5. Provide a private and quiet place for the meetings.

If you are not able to work with the Regional Counselor at this time, let them know that you would like to be contacted for future site visits or web-based presentations. We also offer short online educational videos at Alaska.gov/drb, that provide basic plan information for new employees if you are unable to meet with a Regional Counselor right away.

Employees with Other Sources of Income—Paycheck Checkup


The IRS urges everyone who works as an employee and has income from other sources to perform a Paycheck Checkup now. These individuals often need to pay estimated or additional tax. This includes taxpayers who have certain types of income from the sharing economy, interest, dividends, self-employment, capital gains, or prizes and awards. A Paycheck Checkup can help these taxpayers avoid an unexpected year-end tax bill and possibly a penalty when they file their 2018 tax return next year.

Individuals can do a checkup using the Withholding Calculator on IRS.gov or read Publication 505, Tax Withholding and Estimated Tax. This is especially important in 2018 due to tax changes taking effect this year. These changes are part of the Tax Cuts and Jobs Act.