Our Blog - Surety Matters

  Regulators at both the IRS and the DOL have been urging increased effort to address the challenge of missing participants and distribute benefits on schedule. Experts remind plan sponsors that diligent action is insufficient:…
Read Moreabout Missing Participants? Document The Search

  It’s certainly an understatement to say that attending to the high standards of ERISA results in plenty for retirement plan sponsors to take responsibility for. Fortunately, an Educational Policy Statement (EPS) is not a…
Read Moreabout Educational Policy Statement: Required?

  As protocols for environmental, social and governance (ESG) investment options continue to be murky, a new class action complaint puts the spotlight on the fiduciary duty of prudence. Essentially, this latest class action lawsuit…
Read Moreabout Retirement Funds: Performance vs ESG

  ERISA, the Employment Retirement Security Act of 1974, established the standards governing employer sponsored retirement and health plans. For the protection of participants, ERISA considers sponsors fiduciaries and holds them to exceptionally high standards….
Read Moreabout ERISA 3(16) Fiduciary Explained

  Retirement plan participants are allowed to make catch-up contributions, but a question that arises in plan administration is: When does an employee salary deferral                     …
Read Moreabout Catch-up Contributions?

  A fundamental responsibility of retirement plan sponsors is establishing, adhering to and periodically updating the plan document, which essentially functions as a master guide to ensuring the plan is operating correctly. Here are key…
Read Moreabout Plan Document: Fiduciary Fundamentals

  Unfortunately, despite research that shows most retirees harbor a lot of “should have, would have, could have” related to their savings and financial plans, there is no going back. Though do overs are impossible,…
Read Moreabout Do Over?

  Given the rapid pace of evolving technology—and today’s litigious environment—benefit industry experts remind plan sponsors that protecting participant data against cybersecurity breaches is an increasingly pressing duty. Since it’s not a matter of “if”…
Read Moreabout Data Protection: Who Has Access?

  As anticipated, a bipartisan group of leaders in Congress have signaled that they will issue corrections related to the massive SECURE 2.0 Act which was passed at the end of 2022. Although no timeframe…
Read Moreabout SECURE 2.0: Technical Corrections