…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…
Pentegra’s plan sponsor tools are designed to help you manage your plan easily and more effectively. Our comprehensive education and retirement planning resources focus on helping participants understand the financial challenge that retirement represents and how to best maximize the plan to meet their savings…
…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)…
…successful retirement plan outcomes, as we explore subjects including: Defining success – What makes a great retirement plan? Benchmarking your plan – How do your plan’s utilization and metrics measure up against the industry? Next steps – Converting a well-designed plan into a secure retirement…
…the role of a plan fiduciary and the responsibilities fiduciaries have to a retirement plan and its participants. The Pentegra Fiduciary SmartPathTM is designed to help you understand your fiduciary responsibilities and corresponding liabilities and offers best practice recommendations and guidance for managing these duties.”…
…this week. When the FOMC released a statement from Chairman Powell, explaining why nothing happened, a number of other things started to happen. Confused yet? Don’t worry – most of what the Federal Reserve says and does about interest rates seems designed to confuse people,…
…performance over a specified period – and long-term incentive pay, which can include stock options, restricted stock, performance shares, performance units and cash. An employee assistance program (EAP). This is a work-based intervention program designed to assist employees in resolving personal problems, such as financial,…
…to that customer. Regulation Best Interest is designed to prevent a broker-dealer from putting its financial interests ahead of the interests of a customer when making recommendations. On another front, Senate Finance Committee Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) have introduced…
…would be the named fiduciary and act as the ERISA Section 3(16) plan administrator; that one or more bank trustees who are not participating employers are designated to ensure that contributions are properly collected and remitted, and that assets are duly held for safekeeping; that…
…designed to be tamper-proof via use of complex identifiers. Tech companies such as IBM are starting to enter the blockchain business. While users generally pay a fee for credit card and other financial transactions, proponents claim that Bitcoin transactions are virtually costless. Money, i.e. dollar…
…benefits of sponsoring a retirement plan or if modifying your plan’s design could make it more valuable to the organization. Employers generally sponsor retirement plans to help them recruit and retain qualified employees and for the tax advantages available to plan sponsors. Here are some…
…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…