Retirement plan experts advise plan sponsors to step up preparedness for cyber attacks. Solutions built on “if” a cyber attack occurs are now less relevant than solutions built on “when”a cyberattack occurs. In other… Read Moreabout When Will A Cyber Attack Impact You?
Data indicates that the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 is having an impact. The Plan Sponsor Council of America’s 64th Annual Survey reveals positive trends related to retirement… Read Moreabout 401k Plans: Record High Participation
Businesses, the retirement industry, and, of course plan sponsors, are abuzz with how to facilitate the portability of retirement savings when employees change jobs Making portability a reality in 2022 requires “roll-out” support when… Read Moreabout 401k Action: Assisted Roll-Out?
Retirement plan sponsors from small and midsize businesses are challenged by the task of evaluating the cybersecurity procedures and protocols of recordkeepers and other service providers. Experts provide advice about adhering to The Department… Read Moreabout Small Businesses: Left In The Dark?
As 2021 ends, new insights into how the pandemic has impacted retirement savings are emerging. A study by recordkeeper Empower Retirement provides insights based on a study with about 4 million retirement plan participants…. Read Moreabout Pandemic’s Impact on Retirement Saving?
The storm of lawsuits alleging violation of Employee Retirement Income Security Act (ERISA) fiduciary duties continues to push plan sponsors into settlement negotiations. Though costly, settling before trial frequently ends up becoming more appealing… Read Moreabout Challenging Times for Plan Sponsors
To encourage retirement plan fiduciaries to bring plans into compliance with the Employee Retirement Income Security Act (ERISA), the Employee Benefits and Securities Administration(EBSA) administers the Voluntary Fiduciary Correction Program (VFCP). In 2021, the… Read Moreabout ERISA Law: Correcting Violations?