by Dayle Scheinman | Dec 4, 2022 | Defined Contribution Plans, Fiduciary Concerns
January Send payroll and employee census data to the plan’s recordkeeper for plan-year-end compliance testing (calendar-year plans). Audit fourth quarter payroll and plan deposit dates to ensure compliance with the DOL’s rules regarding timely deposit of participant...
by Dayle Scheinman | Oct 28, 2022 | Retirement Planning
CREATE THE PLAN YOU NEED FOR THE RETIREMENT YOU WANT Define your goal and craft a plan A retirement plan doesn’t have to be daunting—it’s important to just get started. This chart can help you determine if you are generally on the right path using the assumptions...
by Dayle Scheinman | Oct 28, 2022 | Retirement Planning
Retirement planning tips and resources that everyone can use Knowledge is retirement power Looking to reduce your taxes? It’s always good to remind yourself that your workplace retirement plan offers one of the best tax breaks available. That’s because your...
by Dayle Scheinman | Oct 28, 2022 | Financial Health, Retirement Planning
Careful planning can help you manage competing financial priorities Does this sound familiar? You keep meaning to increase your retirement plan contribution, but there seem to be too many other financial priorities that get in the way. Fortunately, with a little...
by Dayle Scheinman | Oct 6, 2022 | Fiduciary Concerns, Retirement Planning
Q: The ups and downs in the stock market have made some of our 401(k) plan participants very nervous, to the point that some have moved their entire accounts into money market funds. Is that a good strategy for retirement savings? A: First, be aware that you cannot...
