…last – viable retirement savings programs to workers who may otherwise be doing without, but also that they are auto-enroll programs. We have long maintained that a smart plan design with automatic features — including auto-enrollment and auto-escalation – can better meet the needs of…
…hiring challenges many employers face- the defined benefit plan can become a game changer for many employers. Join us as we discuss: The hiring environment and talent shortage Regulatory Pension Relief Liability Driven Investing Plan Design Options Frozen Plans – Reconsiderations Reexamining Your Retirement Program…
The SECURE Act of 2022 (“SECURE 2.0”) was passed by Congress and signed into law by President Biden on December 29th, 2022. The law contains 92 provisions, many of which are designed to expand retirement savings and coverage and simplify retirement plan rules. A number…
…half of them offer a retirement plan to their employees. Attend this course to understand the important role small businesses play in helping U.S. workers save for retirement; see how a plan governance process may help reduce fiduciary liability; identify plan design elements that may…
…Protect Social Security disability benefits from harmful regulations and other attacks designed to reduce access to benefits Implement Automatic Individual Retirement Accounts (IRAs) and 401(k)s; require automatic enrollment in 401(k)-type plans. Make the Saver’s Credit refundable, and direct the U.S. Department of the Treasury (Treasury)…
…plan sponsor to fiduciary risk by making the decision to direct such contributions. As a result, the industry and regulators realized that it was important to establish what would become known as a Qualified Default Investment Alternative or QDIA. A QDIA is designed to meet…
…and what you recommend, but why they should do it with you. To be sure, your years of professional service and your credentials matter, but in a universe with many people who share the same designations and path as you, these things may not distinguish…
…AND your expertise. It’s all about asking the right questions so that together, we can design the ideal retirement plan for each of your clients. For more on this, download the question list and give us a call to talk about how we can help….
…of PEPs allow the participating employers to benefit from lower fees than in traditional single employer plans. In the RFI, the DOL states: PEPs are required to designate a pooled plan provider who is a named fiduciary of the PEP. As a fiduciary, the pooled…
…the plan to ensure it was prudent.” And in December, fiduciaries of M&T Bank’s 401(k) plan reached a $20,850,000 settlement agreement over a lawsuit alleging that eight of the plan’s 23 designated investment alternatives were M&T Bank proprietary mutual funds that cost significantly more than…
…guidance on how to best evaluate these programs and optimally align programs with opportunities. Learn more about the pros and cons of each type of design and how to best meet the needs of the enterprise recordkeeping partner to the investment manager and individual advisor….