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Wednesday, August 9, 2017

What Can Squirrels Teach Us About Saving? They’re smart and adaptable, and they plan. Darwin said that organisms don’t need to be the smartest to survive, they need to be the most adaptable. Gray squirrels are a double...

 

Tuesday, August 1, 2017

The deadline to start a new Safe Harbor Plan is fast approaching. Please act now! For the right company, a Safe Harbor 401(k) Plan offers real advantages over a traditional 401(k). Most importantly, Safe Harbor Plans make it possible...

 

Friday, July 28, 2017

Watch this brief video to find out how!

 

Thursday, July 20, 2017

It’s no secret that human resources professionals and CEOs have a lot going on. Each day, they are pulled in many directions, from managing health benefits to recruiting employees. As plan sponsors they may find it more difficult...

 

Wednesday, June 28, 2017

Missed Tuesday's Webinar? Don't sweat it. Here is a recap of information that was covered. Is your company’s retirement plan helping employees save adequately for the future? Are older workers retiring in a timely manner to make...

 

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Monday, June 5, 2017

Many Plan Sponsors understand that plan design has a big impact on participation and savings rates in their retirement plan. However, most fail to correlate how the plan design can have a big impact for plan sponsors depending on the...

 

Wednesday, May 10, 2017

Watch this brief video to find out the three questions to ask!

 

Wednesday, May 3, 2017

You may have heard media reports about a new fiduciary rule for retirement accounts that President Trump has rescinded. Understandably, you may have questions about how this might impact to your 401k plan. The rule was designed to...

 

Wednesday, April 26, 2017

6 Steps for Creating a Fee Review Process Formalize your fee policy Take inventory of fees and services provided Evaluate fees vs. services provided Develop a benchmarking strategy Prepare for creating a participant inquiry process...

 

Wednesday, April 19, 2017

For parents who want to help their children pay off loans, a note of caution. A growing number of parents appear to want to help, as young-adult children struggle to pay off debt in an era when wages are not growing and rents are high....

 

Monday, April 10, 2017

How important is it to deliver targeted messages as we attempt to engage, communicate with and educate different participant demographics in our retirement plan? In a word, very. Targeted communications and relevant tools, like mobile...

 

Wednesday, April 5, 2017

How do you know if you are a Plan Fiduciary? If you are not sure, or even if you think you are not, chances are you might be. The easiest way to check is to look at your Plan’s 5500, Plan Document, Service provider agreements. If...

 

Friday, March 24, 2017

Follow Hardship Distribution Rules to Keep Plan Status While many employees today understand the importance of retirement readiness, some plan participants may seek a 401(k) hardship distribution to accommodate crucial, more immediate...

 

Sunday, March 5, 2017

Now is the perfect time for planning to find ways to increase employee participation and savings rates in your company retirement plan. A well-designed 401(k) plan can play a significant role in helping you and your employees save...

 

Thursday, March 2, 2017

Do investors rely on emotion when investing? Many behavioral economists and psychologists believe they do. As much as we recognize the need to save, many small obstacles tend to get in the way. It turns out the decisions we make about...

 

Wednesday, February 15, 2017

Few, if any, retirement plan sponsors want to face an audit, yet a successful private retirement system necessitates occasional employer audits by the Internal Revenue Service’s Employee Plans (EP) compliance program. Plan...

 

Wednesday, February 8, 2017

No one likes to make mistakes—especially retirement plan mistakes that can result in costly fines or even litigation. In 2016, the Department of Labor collected nearly $777.5 million for plan restorations, penalties and fines....

 

Wednesday, February 1, 2017

No matter the business or service, no one likes paying excessive fees. This is especially true with retirement plans. Participants are setting aside money for retirement, and the last thing they want is to have those precious dollars...

 

Friday, January 20, 2017

How the Fiduciary Rule Will Affect Your Plan and Employees Department of Labor (DOL) released a rule last April, which we call "the fiduciary rule." Essentially, it requires all individuals giving advice to retirement accounts to act...

 

Wednesday, January 18, 2017

In 2015, some encouraging trends emerged for 401k plans, according to a recent survey. New participant savings rates, increased Roth contributions, reduced trading activity and fewer plan loans all contributed to solid retirement...

 

Friday, January 6, 2017

DC Plans Alive, Well and Thriving Although the private, employer-sponsored retirement plan system went through a shaky period during the 2008 financial crisis (when plan balances declined and the number of loans rose), DC plans have...

 

Wednesday, January 4, 2017

As you probably know, the Department of Labor issued final guidance on the fiduciary rule in April. Now that the dust has settled, let’s take a closer look at how the new standards affect plan sponsors. The biggest change is an...

 

Monday, December 5, 2016

Fostering retirement plan engagement is important, especially since it's a sure first step to helping create successful outcomes for participants. According to Milliman, the key is integrating your participant education and...

 

Wednesday, November 30, 2016

While the de facto options for most retirement plans are target date funds (TDFs) and risk-based funds, not all QDIAs are created equal. When evaluating funds and providers, watch out for red flags, such as unreasonably high fees or...

 

Monday, November 14, 2016

Today, many employees are unprepared for retirement. Some workers don’t know how to calculate their future financial needs and they lack the financial literacy to effectively manage their assets. Others are not motivated to save...

 

Wednesday, November 2, 2016

Eighteen years ago, the retirement industry rolled out automatic enrollment to help combat employee inertia, increase participation in workplace retirement plans, and foster higher savings rates. Still, a surprising number of plan...

 

Thursday, October 27, 2016

The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans for the 2017 tax year. Many of the pension plan limits remain unchanged from 2016 to 2017.Listed below are the...

 

Wednesday, October 19, 2016

The Safe Harbor plan makes it easy for business owners to maximize contributions to their own accounts while reducing some of the limitations associated with adhering to IRS testing. The Safe Harbor Plan allows you to: Contribute the...

 

Monday, September 26, 2016

Did you know that a Safe Harbor 401(k) plan is not actually a separate plan from the traditional 401(k), rather it is an optional provision that can be added to the 401(k) plan document? Electing to be a Safe Harbor 401(k) plan is...

 

Wednesday, September 14, 2016

Are your employees prepared for retirement? Why does it matter? Organizations can face unintended consequences when retirement-eligible employees remain working because they have not saved enough in their company's retirement plan....

 

Wednesday, August 10, 2016

This summer so far has been anything but quiet. Between the June Brexit vote, several headline-grabbing jobs reports, the winding path of oil prices, and all-time highs for stocks, there has been a lot of activity to absorb in these...

 

Sunday, November 1, 2015

The Internal Revenue Service announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2016. In general, the pension plan limitations will not change for 2016...