Winter 2020: How the Secure Act is Changing Retirement
Summer 2019: Bucket List: Retirement
Spring 2019: Automatic Enrollment is on the Rise
Winter 2019: It’s Testing Season! and more…
Know Your Options If your plan offers a Roth 401(k) provision, your participants might ask, “Which one is better for me?” As the availability of Roth options in 401(k) plans and Roth contribution percentages continue to rise, it’s important to be able to guide participants in making the right choice. Read More The 401(k) Turns 40 […]
Fall 2018: Hardships Get a Little Easier and more…
Helping Hands One of the most prevalent and difficult challenges for many twenty somethings these days is the repayment of their, often substantial, student loan debt. Statistics show that the average college graduate with a bachelor’s degree left school in 2016 with $28,446 in student loan debt. Read More Cost of Living Adjustments (TABLE) Every Fall, […]
Summer 2018: The Retirement Income Gap & Helpful Hints for Plan Sponsors
The Retirement Income Gap Many American workers participate in company retirement plans, methodically contributing to their accounts over time to fund for life after work. Beyond benefiting from employer-funded plans, retirees commonly draw from additional savings tucked away in IRAs or after-tax savings accounts as well. Add Social Security payments to the mix and it […]
Spring 2018: Who is an Employee? & HSA vs 401[k]
Who is an Employee? MAINTAINING A RETIREMENT PLAN FOR YOUR EMPLOYEES IS NO EASY TASK. At various points during the year, employers and HR departments field participant questions, help with enrollments, deliver notices and statements, and participate in the distribution process. However, an additional responsibility, and one of the most important, is the collection of […]
February 2018: Navigating Distributions & Under the New Tax Law
Navigating Distributions The first quarter of the calendar year typically sees an uptick in the number of retirement plan distributions and participant loans. This year may be even busier than most, given the relief announced by the IRS for victims of the recent hurricanes and wildfires. Whatever the reason, participant distributions present a complex set […]
December 2017: End of the Year Checklist
End of the Year Checklist As the year-end approaches, our to-do lists can be lengthy. There are holidays to prepare for, employee performance reviews to complete, and, oh, wait, there is also the year-end data collection package from your TPA! We have once again reached that magical time of the year when you get to […]