Search Results

We have found 130 results matching your search query.

Feeling More SECURE About Retirement

Some good news out of Washington: On May 23, the U.S. House of Representatives overwhelmingly passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. Many view this as one of the most important changes to retirement plan rules that we have…

Rapid Pace of Legislation in 2020 Could Be Eclipsed by This Year’s

2020 was an unusually busy year … and not just for the most obvious reasons. Legislatively, the retirement savings industry was faced first with the Setting Every Community Up for Retirement Enhancement (SECURE) Act – actually signed into law on Dec. 20, 2019 — the…

Five Key Concerns for Retirement Plans in 2019

New years are often viewed as opportunities for new beginnings. And while that may be true, it is also the case that a new year can present new problems – or in some instances, the continuation of old problems. When it comes to defined contribution…

Finding Security in Social Security

Despite widespread evidence to the contrary, many American workers appear to still believe that Social Security benefits will be enough to see them through their retirement. Whether that’s true depends on a number of factors affecting each individual. But the nation’s general reliance on Social…

More Tales of 401(k) Plans Gone Awry

As some of my Pentegra colleagues have pointed out in some of our recent blogs, there are many pitfalls and problems that can arise when it comes to the ins and outs of creating, administering and managing your company’s retirement plan. Here are some of…

Tales of 401(k) Administration Gone Awry – Part 2

In Part 2 of our series on 401(k) administration errors, I will discuss some other problems we commonly see when working with clients – particularly new clients – and how we address them. “You won’t have to do anything at the end of the year.”…

What 401(k) RESA Legislation Means for MEPs and PEPs

By Pete Swisher, CFP®, CPC, TGPC Senior Vice President, Pentegra Retirement Services By now the retirement industry recognizes that MEPs will play an expanded role in the future of the U.S. retirement system. The question for most retirement specialists is what to do about it….

Hardship Cases Can Be Hard Work

Working with plan participants looking to make a withdrawal from their retirement plan to deal with a hardship can be challenging – especially for employers/plan sponsors. One Pentegra advisor recalls how one of his clients – a fairly large one – prefers not to get…

The Fiduciary Standards Conversation is Just Beginning

The Fiduciary Standards Conversation is Just Beginning The DOL’s conflict of interest rules were vacated in their entirety on March 15, 2018 by the U.S. Court of Appeals for the 5th Circuit (which covers Texas, Louisiana, and Mississippi, but effectively kills the rules nationally)—though no…

Getting Ready for a PEP Rally!

The U.S. Department of Labor’s (DOL) June 18, 2020 request for information (RFI) on prohibited transactions involving Pooled Employer Plans (PEPs) is good news for plan sponsors and potential participants alike. As we wrote at the time of its passage, one of the major provisions…