Legal Experts Implore Plan Sponsors: Protect The Data!
Because retirement plans contain sensitive participant data, plan sponsors must step up efforts to protect it from cybersecurity threats. Legal experts urge more precautions. An Explosion of Data Breach Lawsuits As reported by PlanSponsor:…
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Understanding Probate Court and Probate Bonds
Many people have their first—and sometimes only—experience with the law in a probate court. Here is what to anticipate if you find yourself there—and in need of a probate bond as well. What Is Probate…
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Optimism for 2021: Rev Up Retirement Savings
With small and mid size business owners expressing optimism about 2021, retirement plan sponsors can jumpstart savings efforts for the long term security of employees. Small Businesses Lighting the Path As reported on PR Newswire:…
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The Importance of Appeal Bonds
If you lose a court case and are ordered to pay money to the winning party, an appeal bond can enable you to defer payment while you pursue your case in an appellate court. Staying…
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Sign of Growth: $945 Million New Train Line Underway In Indiana
Inspired by big thinking and collaborative funding agreements, construction is underway on a $945 million commuter train line in Indiana. Making New Connections Toward construction of an 8-mile commuter train line—the West Lake Corridor Project—a…
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Changes Coming for the Contractor Evaluation System At NYC MTA
The New York City Metropolitan Transportation Authority (MTA) is considering a revamp of the current evaluation system for contractors. How will everyone be satisfied? Dissatisfaction with the Current System Currently, contractors with $250,000 or more…
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Strengthen Your Small Business: Add a 401(k)
Just thinking about starting a 401(k) plan can sound daunting to small business owners—especially during this economically challenging time. Actually, however the rewards could put the business ahead and plenty of experts can help you…
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Final Rule on Financial Factors in Selecting Plan Investments
Plan sponsors: take note! The U.S. Department of Labor has established new regulatory guidelines related to your fiduciary duties when selecting investments for 401(k) and other defined-contribution plans. Select Investments Based On Financial Returns and…
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Naming an Executor To Carry Out Your Will
When you make plans for your loved ones and assets, ensure your intentions are carried out properly by carefully choosing an executor for your will. Understanding the Role of An Executor If you are establishing…
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