…a Strong Retirement Act (SSRA) 2. Retirement Improvement and Savings Enhancement to Supplement Healthy Investments for the Nest Egg (RISE & SHINE) Act 3. Enhancing American Retirement Now (EARN) Act Gain a better understanding of what these legislative changes could mean for your retirement plan….
…For some, it’s a strategy for growth. For others, it’s a defensive move to survive as markets and business requirements change. Whatever the motivation, there are almost always impacts on retirement benefits. Think about it: companies merge – they both have retirement plans. Now what?…
…expensive as markets move. This is only exacerbated if errors are not discovered until much later. Good data is one thing, but there’s another huge assumption – and that is payroll data needs to be provided timely. Rules say that plans must generally deposit contributions…
…401(k) plans and Social Security; many Americans will not have enough retirement income to meet reasonable lifestyle goals. The causes are multiple – longer lifespans, fewer/lower pension benefits, reliance on defined contribution plans and volatile markets. Add the threat to our Social Security program and…
It’s All About Relationships There are many industry stats about 401k “sales.” Perhaps you have your own. It’s natural to talk in terms of lead generation and sales funnels and qualifying questions and, of course, closing. But, when you get down to it, it’s not…
…they’ve partnered or outsourced some or all of their plan and investment oversight tasks to professional fiduciaries or co-fiduciaries. Talking about this may affirm their knowledge and comfort, or it may reveal issues that need to be discussed or problems to be addressed. Either way,…
…have the plan design conversation? Cash Balance 101. Our virtual classroom is open and we want to provide you with the knowledge you need! Core Curriculum Plan Design best practices Strategic selection – which clients may be the best fit and why Talking points for…
…calling for a review of last year’s ruling by the U.S. Department of Labor on Environmental, Social, and Corporate Governance (ESG) investments – something we wrote about recently. Biden’s campaign website – still up as of his inauguration – lays out at length various positions…
…based on published mortality factors. And even though investment companies or recordkeepers may provide information or services to help, it’s the individual’s responsibility to calculate their RMDs each year. After all, service providers may not know about other investments or retirement plan accounts a person…
…in Pensions & Investments, the OCIO market is nearly $1 trillion in size, a huge number for an industry that barely existed before 2008. Investment managers have taken notice of this huge growth with a doubling of the number of firms offering this service in…
…within the plan. “The plan had substantial bargaining power regarding the fees and expenses that were charged against participants’ investments,” it says. “Defendants, however, did not try to reduce the plan’s expenses or exercise appropriate judgment to scrutinize each investment option that was offered in…