Compliance | February 17th, 2022 The Process for Issuing RMDs When Participants Are ‘Missing’ Failing to issue required minimum distributions can be costly, so sponsors must follow exact steps from the IRS and DOL...
Administration | February 16th, 2022 Tactics to Avoid Failing Nondiscrimination Testing Plan sponsors should consider the trade-offs involved between the costs of funding safe harbor contributions and the corrective actions that...
Administration | February 9th, 2022 DC Plans Use Pension Features to Improve Retirement Outcomes DC plans are taking on more and more features that primarily used to be associated with defined benefit plans, to...
Administration | February 3rd, 2022 Social Security Replaces More Retirement Income for Low-Income Participants Plan sponsors can assist low- and moderate-income workers’ retirement readiness by educating them about the benefits of delaying Social Security...
Administration | February 3rd, 2022 Public Sector 403(b) Plans Have a Participation Problem Nonetheless, there are ways governments can create more engaged employees and encourage workers to join defined contribution plan programs.
Investing | February 2nd, 2022 Investment Opportunities for DB Plans Moving Forward Corporate defined benefit plans should consider managing volatility, avoiding concentration risk and factor investing.
Investing | February 1st, 2022 New Developments in Managed Accounts Lower fees, more services and new distribution methods might make managed accounts worth a new look for DC plan sponsors.
Investing | January 31st, 2022 Plan Sponsors Still Aren’t Embracing ETFs Many defined contribution plan sponsors are focusing on lower fees, which is a selling point for exchange-traded funds, but there...
Participants | January 27th, 2022 Participant Call Volumes and Website Visits Spike in January Recordkeepers say that, historically, retirement plan participants reassess their retirement savings and readiness picture at the beginning of the year.
Compliance | January 25th, 2022 Detailed Analysis of the Supreme Court’s Northwestern University Ruling Expert attorneys say the new ruling can be interpreted as ‘modestly expanding’ the precedents set by the Supreme Court in...
Benefits | January 13th, 2022 Health Benefits Budgeting Can Be a Challenge The COVID-19 roller coaster makes it hard to predict what costs will be, but some strategies can help sponsors get...
Compliance | January 11th, 2022 Plan Sponsors Might Mitigate ERISA Lawsuits With Defensive Provisions Sponsors can craft retirement plan document language to manage their exposure to claims for benefits and other Employee Retirement Income...
Compliance | January 10th, 2022 Courts Expand on Rules Regarding the Protection of Retirement Plan Assets Attorneys say the court opinions inform planning decisions in the cases of divorce or job changes.
Compliance | January 7th, 2022 Finalized Form 5500 Changes Add Little to Plan Sponsors’ Responsibilities While plan sponsors will need to ensure the form contains accurate data, many of the proposed changes to the 2021...
Benefits | December 29th, 2021 Considerations for Implementing a Phased Retirement Program Employers must decide whether to have a formal or informal program, as well as what benefits to offer those employees...