The retirement plan industry is constantly evolving. To keep pace, plan fiduciaries should be continuously evaluating their approach to plan design and governance. In today’s environment of increased litigation and plan design innovation, having a highly effective...
Plan sponsor pain points often revolve around three things: taxes, liability and costs. Sponsors that pay their 401(k) expenses out of company assets rather than plan assets can potentially get help with all three: 1. Bigger tax deduction 2. Reduced fiduciary...
Here's what is important to consider when reviewing stable value options for retirement plans. Stable value funds have long been a fixture in defined contribution plans, with more than $800 billion in assets and a large majority, 75% of DC plans, offering them as an...
The global expansion we have experienced has provided investment conditions in which a relatively simple combination of stocks and bonds has achieved sufficient diversification to manage risk. As economic conditions change further diversification may need to play a...
Are Americans saving enough for retirement? Not according to conventional measurements, but the trend is improving as more attention is being paid to retirement readiness. Here are five essential ingredients for plan sponsors to encourage better participant outcomes....
U.S. equity funds are the largest asset category in the defined contribution system, (401(k),403(b), 457(b) plans etc.), representing 35% of all retirement plan assets. When selecting equity options for their participants, plan sponsors face a dizzying set of...
The IRS just released the cost of living adjustments for various retirement plan limitations that will take effect on January 1, 2019. Many of the limits will be increasing for 2019. The key limits that increased (shown below in bold italics) include the compensation...
While there is no shortage of strategies to consider, Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are two vehicles that can help individuals pay for their medical costs. With annual health care expenses coming in at more than $10,000 per...
You’re wise to ask. Fiduciary training can help protect individual fiduciaries, the plan as a whole and, of course, the participants. You may already know that the penalties for fiduciary breaches can be both criminal and civil, a fact that emphasizes the importance...