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Displaying 82 results for: Identity Theft
Cyber for Plan Sponsors 11.22.2022

Outcome Oriented

  A recently study of nearly 2,500 adults points to what is well understood intuitively: people have messy feelings about retirement, and this makes it challenging to target communications and information about retirement savings plans….
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Outcome Oriented
Cyber for Plan Sponsors 11.22.2022

Orphan Accounts?

Plan sponsors are advised to stay on top of communications with former employees who leave their 401k accounts behind. The fiduciary risks associated with “orphan” accounts stack up. Facilitating portability is also wise, as is…
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Orphan Accounts?
Cyber for Plan Sponsors 11.08.2022

Pretirement: : A New Life Stage?

  Although the word is new, we probably all know someone who, perhaps nudged into it by the pandemic, is “pretired”—working, but not in the same way as before, on the path toward retirement. Indeed,…
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Pretirement: : A New Life Stage?
Cyber for Plan Sponsors 11.08.2022

Devastating To Plan Participants

  Among other fiduciary breach claims, a new lawsuit, filed by retirement plan participants against a freight transporting business, alleges plan sponsor failure to monitor revenue-sharing payments for reasonableness, and describes the results to participants…
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Devastating To Plan Participants
Cyber for Plan Sponsors 11.08.2022

Summary Plan Description?

  A proper SPD is mandatory for compliance of the company sponsored retirement plan with ERISA. Importantly, a good, solid SPD is also helpful in the administration of the retirement plan and can even be…
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Summary Plan Description?
Cyber for Plan Sponsors 11.08.2022

2023’s Coming: Contribution Limits

  Though many of us are still wondering where August went, we’re actually closer to New Year’s 2023 then Labor Day 2022. The government has announced the contribution limits for elective deferrals to retirement accounts…
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2023’s Coming: Contribution Limits
Cyber for Plan Sponsors 05.24.2022

401k Auto Portability Benefits Everyone

  Making it easier for employees to bring their retirement savings along when they shift jobs obviously benefits them. Because it reduces the fiduciary risks associated with missing participants and auto cash-outs, facilitating portability also…
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401k Auto Portability Benefits Everyone
ERISA 05.24.2022

Head’s Up: Amended ERISA Legislation?

  As part of its intense focus on retirement security, Congress is considering new two-pronged legislation. If it passes, retirement industry experts anticipate that plan sponsors might face more trips to court stemming from fiduciary…
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Head’s Up: Amended ERISA Legislation?
Cyber for Plan Sponsors 05.16.2022

Retirement Plans: Notice Failure?

  Among the many requirements for 401(k) plans are the timely dissemination of a variety of standard notices to participants. ERISA experts remind us that adhering to notice requirements is critical: failure leaves participants without…
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Retirement Plans: Notice Failure?