In turbulent markets, stable value investments can be an attractive choice for retirement plan participants worried about the fluctuations in the marketplace. Like any investment option, stable value funds have advantages and disadvantages. Consequently, there are circumstances where stable value funds may be a great…
…no rebalancing over the 2008-2021 period, the portfolio drifted from its initial 60%/40% target stock/bond mix to 77% stocks and 23% bonds, a far more aggressive allocation. Even just annual rebalancing moved the mix much closer to the 60%/40% target. While monthly rebalancing resulted in…
…cost effective contributor to current and future initiatives. One example of this coordination is “infrastructure asset recycling”. Infrastructure asset recycling involves the government raising funds through the sale or lease of public assets, such as roads and airports, to the private sector. The funds received…
…of the other company. That would include, of course, responsibility for the target company’s retirement plans. In an entity purchase, as you’d expect, the target company becomes part of the acquirer’s organization. In that case, the acquirer generally does become responsible for the target company’s…
…fund share classes and caused the Plan to pay unreasonable and excessive fees for recordkeeping and other administrative services.” The suit also cites Trader Joe’s decision to pay for Capital Research’s recordkeeping services by offering retail investor share classes of American Funds mutual funds instead…
…roles and responsibilities involve handling funds or other property of the plan. So, a plan fiduciary who has no access to these processes or authority to direct funds would not be required to be bonded. Let’s talk about Coverage Requirements The amount of the required…
…according to the Bureau of Labor Statistics. It would also clarify the due date for single-employer pension plan minimum required contributions; that date was delayed for 2020 by CARES. In addition, while the CARES Act allows eligible retirement plans to rely on an employee’s self-certification…
…— something you are probably not interested in if you do not work in an investment-related profession — simplify your investment life and use a Target Date Fund or a Model Portfolio. Don’t forget about an old 401(k) from a previous job, if it exists….
…as all current 401(k) and 403(b) plans established prior to 12/29/2022—the date of SECURE 2.0’s enactment. Consequently, even though Planning Plus established a plan before the date by which most new plans must include a SECURE 2.0 EACA (i.e., by the 2025 plan year), the…
…or at least 30 days in advance of the date of any first investment in a QDIA; or (b) On or before the date of plan eligibility provided the participant has the opportunity to make a permissible withdrawal (90-day withdrawal under Section 414(w) of the…
…of the effective date of the amendment or the date the amendment is adopted, but not interest credits for interest crediting periods beginning before the later of the effective date of the amendment or the date the amendment is adopted.” The relief applies “only if:…
…established “on the date plan terms providing for the [salary deferral elections] are adopted initially. This is the case even if the plan terms … are effective after the adoption date.” If two plans both of which qualify for the pre-enactment exception are merged, the…