The end of the year is an important time for retirement plan sponsors to review plan documents and plan operations. Discretionary changes as well as amendments for compliance must be properly reflected in plan… Read Moreabout Compliance: Year End Responsibilities
Business owners of all kinds are learning fast: cybersecurity strategies and tactics are integral to running a successful company. Attention to the cybersecurity protocols of any and all vendors (aka service providers) the company… Read Moreabout Cybersecurity: What About Your Vendors?
Estate planning increasingly involves the establishment of a trust, which is a practical way to designate funds for our own needs and for beneficiaries, including children or those with special needs. Trusts allow for… Read Moreabout What Is a Trust?
Probate is the legal, public process that brings closure to our affairs when we die. Probate protocols vary by state, and at some point, most families will navigate the appropriate proceedings upon the death… Read Moreabout Probate Complications
Industry experts point out that specialty contractors are taking a big risk: if the market for their specific skillset declines, they are without alternative revenue streams. Strategic diversification through services that complement your primary… Read Moreabout Specialize vs Diversify?
Every owner wants expansion and growth, but with economists forecasting that there could be a construction recession on the 6-18 month horizon, it’s best to be on our toes. Many builders were caught off… Read Moreabout Lessons Learned: Recession?
A recently study of nearly 2,500 adults points to what is well understood intuitively: people have messy feelings about retirement, and this makes it challenging to target communications and information about retirement savings plans…. Read Moreabout Outcome Oriented
Plan sponsors are advised to stay on top of communications with former employees who leave their 401k accounts behind. The fiduciary risks associated with “orphan” accounts stack up. Facilitating portability is also wise, as is… Read Moreabout Orphan Accounts?
Trusts can play a variety of roles in our estate plans, since they can be specifically set up to attend to particular life circumstances. For example, a retirement plan trust shields the principal of… Read Moreabout Retirement Plan Trusts Explained