Data from the Alight Solutions 401(k) Index shows retirement plan participants reacted poorly to the latest round of stock market volatility, with trading activity described by researchers as “exceptionally high” over the days following the stock market plunge.
“Our firm sponsors an Employee Retirement Income Security Act (ERISA) 403(b) plan that has a two-year service requirement (100% vested after two years) in which the hours-counting method (1,000-hour requirement) is used.
Many may need to set up an emergency fund or pay off debt first.
During the Super Bowl advertisers try to kick up the quality and/or humor of their ads.
“I work at a private tax-exempt hospital that sponsors a 403(b) plan, a 457(b) plan, and a 457(f) plan.
We covered a survey that found many employees call in sick or come into work late the Monday after the Super Bowl.
Michael Barry, president of the Plan Advisory Services Group, discusses the efforts—or lack thereof—of the Trump DOL regarding the fiduciary rule and other initiatives.
“I read in an Ask the Experts column that the Employee Retirement Income Security Act (ERISA) requires plan sponsors to retain plan documentation for at least six years, and, in many cases, much longer than that.
It is time for Super Bowl LII (or 52), and once again the New England Patriots are competing, but this time against the Philadelphia Eagles.
“I work for a firm that recently took over as third-party administrator (TPA) for the retirement plans of a large private tax-exempt 501(c)(3) hospital.
In April, PLANSPONSOR magazine will celebrate its 25th birthday.
Toni Brown, senior vice president, Retirement Strategy, Capital Group, says a plan sponsor with a clearly defined objective for its defined contribution (DC) plan will be better positioned to make all subsequent decisions.
We covered a survey which found if an emergency pet expense were to present itself, more than one-third (37%) of respondents said they would sacrifice contributions to their retirement account to pay for it.
“I work for a third-party administrator (TPA) firm that has a new private tax-exempt client which started a 403(b) plan last year intending it to be not governed by the Employee Retirement Income Security Act (non-ERISA).
Some folks are just not morning people, and it takes them a while to get going at work, while others may start the work day off with a bang and slow down as the work day goes on.
Michael Barry, president of the Plan Advisory Services Group, discusses how what was not included in the tax reform bill signals optimism for the U.S. retirement plan system.
Michael Schultz, RFC, CFS, president, Venn Wealth & Benefit Services discusses variables that should be considered when doing due diligence on TDFs.
“I have received so many emails etc. on tax reform, including articles that conflict with each other, that I am on information overload! Should I be worried?”
We recently covered a survey in which senior managers shared their most embarrassing moments at work.
Participants’ desire to invest according to faith-based principles can be a tricky proposition for employers that manage a retirement plan.