“I work for a plan sponsor that maintains a 403(b) plan with annuity contracts.
Sterling Price, managing consultant at Findley, discusses how LDI and a dynamic investment policy help to de-risk pension plan assets.
“I was recently hired to work with an entity that is a Native American Tribal Government. Can it sponsor a 403(b) plan?”
Greg Calnon, with Goldman Sachs Asset Management, discusses how outsourced chief investment officer solutions are moving into the DC plan space and how OCIOs can help with pension risk transfer decisions.
Helen Calvin, chief revenue officer at Jellyvision, explains how employees may respond better to employer education about HSAs, tracking HSA education success is easier, and employee changes relating to HSAs is much easier than other financial wellness education.
Michael Barry, president of October Three (O3) Plan Advisory Services LLC, says open MEPs will work up to a point, but contends that they only deal with one of the obstacles preventing small employers from adopting retirement plans.
Offering a new perspective, a marketing agency provides ideas for getting participants more engaged in their retirement plans.
Whether looking to provide in-plan guaranteed income solutions for a DC plan or looking for an annuity to purchase for a DB plan risk transfer, plan sponsors have a fiduciary duty to look into annuity prices.
The record bull market may cause retirement plan participants to be overly confident, but they need to understand market cycles and volatility so they can resist making the wrong investment and retirement savings decisions.
“I read with great interest your Ask the Experts column discussing the effect of a military leave on a ‘cure period’ where a loan repayment was not made prior to the military leave, but a default has not yet taken place, because the cure period has not yet expired.
Although Senator Orrin Hatch, champion of the Retirement Enhancement and Savings Act, is retiring in January, there is still much hope that many of his retirement plan proposals will move forward after the mid-term elections.
Despite intense DOL activity surrounding missing retirement plan participants, at least those participants’ retirement savings are preserved, say executives at Retirement Clearinghouse. And, focusing on a solution to retirement plan cashouts may actually help plan sponsors find missing participants.
Most retirement experts currently recommend saving 15% of annual income. “There is mathematical backing to what we suggest,” says Roger Young, senior financial planner at T. Rowe Price.
When assessing whether or not to take on a sponsor as a client, the insurers “have really sharpened their pencils,” says Nancy Ross, a partner and head of the Employee Retirement Income Security Act (ERISA) Litigation Practice at Mayer Brown.
Making participant plan fees more equitable.