A few financial firms have entered the cannabis, hemp and CBD market, being careful to manage any legal risks for their clients and themselves.
Representatives of three well-funded pension plans shared information about their contribution rate, assumed return rate and COLA strategies.
Whether a plan is in dire financial straits or not, many employers likely want to get out of them, but their options may come at high cost or...
Firms that monitor DB plan funded status say it is uncertain whether Congress will offer additional funding relief; many plans will likely face lower funded status in 2020.
Strategies regarding timing and recording of pension contributions translate to millions of dollars in lower PBGC premiums, according to a report from October Three.
Depending on asset allocation, some plans have fared better than others, but the majority are down for the year.
Remote work is expected to lead to more attacks on retirement plan accounts, but there are an increasing number of measures to handle the threat.
The pandemic has highlighted the need for plan sponsors to actively encourage revised beneficiary designations and have missing participant procedures in place.
With account values down, income tax on amounts converted will be lower, if participants have the money to pay them.
Markets are rebounding, but discount rates used to measure liabilities are falling, and pension consultants wonder if pending legislation will provide funding relief for plan sponsors.