New Guidance for Plan Sponsors: Missing Participants?
Over a billion dollars in retirement plan assets was recovered by the Department of Labor in 2020 alone. New guidance clarifies the obligations of plan sponsors related to ensuring participants receive their benefits. Missing and…
Read Moreabout New Guidance for Plan Sponsors: Missing Participants?
Protecting Retirement Savings
Ouch! For most workers, early withdrawals from retirement accounts turn out to be very costly, since lost opportunity from market gains is hard to make up. Encourage plan participants to do everything they can…
Read Moreabout Protecting Retirement Savings
The Consequences of So Much Connection
Can you even imagine living, caregiving and working right now without the connectivity that ever more and faster tech makes possible? Alas, with the benefits of new connectivity come increased responsibilities too. More Connectivity…
Read Moreabout The Consequences of So Much Connection
Blackrock’s 401(k) Plan Heads To Trial
Doubts about whether Blackrock’s 401(k) followed the Plan’s Investment Policy Statement have led to the class action suit. Relatedly, here are three critical questions for retirement plan sponsors. What Is the Investment Policy for Your…
Read Moreabout Blackrock’s 401(k) Plan Heads To Trial
Reducing Financial Stress
When employees are stressed out about their personal finances, a company’s productivity decreases. Employer-sponsored retirement plans are an important part of the solution. Increased Productivity Associated With Retirement Plans Offering a retirement plan takes time…
Read Moreabout Reducing Financial Stress
Steering Forward: Get Your Plan Participants Focused
Well, 2021 is here. Now what? Your retirement plan participants will appreciate reminders about nuts and bolts—especially considering some of the regulatory shifts made as COVID-19 emerged last year. Participants In Their 70’s? Whether…
Read Moreabout Steering Forward: Get Your Plan Participants Focused
Retirement Planning: Don’t Forget to Ask “Where?”
Retirement planning commonly revolves around “how much” and “when.” An often overlooked question is “where” and it matters a lot. Assumptions, Dreams, and Realities Typically, retirement planning is rooted in making assumptions about the annual…
Read Moreabout Retirement Planning: Don’t Forget to Ask “Where?”
A Resolution for Plan Sponsors: High Expectations
Mergers and acquisitions are changing the marketplace of 401(k) plan service providers. Plan sponsors are advised to have high expectations. Expect Robust Products and Services Although the mergers and acquisitions among service providers in the…
Read Moreabout A Resolution for Plan Sponsors: High Expectations
Questions Plan Sponsors Need To Ask
Pop quiz: exactly where in the world is your retirement plan data? Who is it available to—and how do they secure it? Experts stress drilling down on these questions with plan administrators and record keepers…
Read Moreabout Questions Plan Sponsors Need To Ask