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Displaying 9 results for: ERISA bond coverage
ERISA 01.27.2021

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…
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Protecting Retirement Savings
ERISA 01.20.2021

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…
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Blackrock’s 401(k) Plan Heads To Trial
ERISA 01.07.2021

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…
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A Resolution for Plan Sponsors: High Expectations
ERISA 12.04.2020

Yes, Employees Are Still Saving for Retirement!

Despite the upheavals of 2020, a third quarter analysis by Fidelity Investments indicates that employees continue striving to save via employer-sponsored plans. Retirement Saving Trends: Holding Steady Fidelity’s Building Financial Futures report on retirement saving…
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Yes, Employees Are Still Saving for Retirement!
ERISA 08.13.2020

What is ERISA’s Bonding Requirement for Our Employee Benefit Plan?

Suppose you’re a plan fiduciary that handles a 401(k) for your company. It can be tough to keep up with the prerequisites for the Employee Retirement Income Security Act of 1974, or ERISA. How do…
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What is ERISA’s Bonding Requirement for Our Employee Benefit Plan?
ERISA 05.21.2020

IRS Publishes 2021 Amounts for HSA Limits

The Internal Revenue Service just announced next year’s inflation-adjusted quantities of health saving accounts. In Rev. Proc. 2020-32, the IRS states that the annual limitation on deductions under Code Section 223(b)(2)(A) for a person with…
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IRS Publishes 2021 Amounts for HSA Limits
ERISA 05.21.2020

Department of Labor Unveils Novel Safe Harbor for E-Delivery

As numerous Americans continue to work remotely during the start of the summer, the Labor Department has introduced a brand new safe harbor for electronic disclosures. The final rule initiated is congruent to the rule…
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Department of Labor Unveils Novel Safe Harbor for E-Delivery
ERISA 04.28.2020

New Legislation Will Temporarily Raise Contribution Limits

Rep. Patrick McHenry, a republican of North Carolina serving on the House Financial Services Committee, introduced the Securing Additional Value for Every Retirement Saver (SAVERS) Act in order to temporarily raise contribution limits for defined…
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New Legislation Will Temporarily Raise Contribution Limits
Cyber 03.06.2020

Protect Your Retirement Plan with Effective Cybersecurity Measures

In the new digital age, retirement plan participants are utilizing electronic platforms to access their 401(k) accounts. As all this vital, personal information moves online, your plan becomes more susceptible to fraud schemes and data…
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Protect Your Retirement Plan with Effective Cybersecurity Measures