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November 10th, 2015 |
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ASK THE EXPERTS
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majority of employees are happy with the retirement plans their employers
provide, but they are increasingly worried about factors that could negatively
affect their years in retirement.Read more > |
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Mercer Creates DC and Financial Wellness UnitMercer, a wholly owned subsidiary of Marsh &
McLennan Companies, announced a number of leadership changes as well as the
creation of a U.S. Defined Contribution (DC) & Financial Wellness business
unit, which will be led by senior partner Tom Murphy.Read more > | Millennials Prefer Performance ConversationsTwenty-two percent say they’ve called in sick
because they were anxious about receiving their performance review.Read more > | Employee Concerns About Eliminating the 15-Year Catch-Up“As
discussed in your recent Ask the Experts columns ‘Can the 15-year Catch-up be
Phased Out?’ and ‘Should the 15-year Catch-up be Eliminated?’ we have decided
to eliminate the 15-year catch-up election from our 403(b) plan, effective
1/1/2016. However, we have received some resistance from employees, even though
very few employees actually utilize the election! Can the Experts make some
suggestions as to how to address employee concerns?”Read more > | | David Levine and David
Powell, with Groom Law Group, and Michael A. Webb, vice
president, Retirement Plan Services, Cammack Retirement Group, will field your questions
concerning 403(b) plans and regulations. Send them to rmoore@assetinternational.com with Subject: Ask the Experts. Answers may be
printed in future (b)lines. This feature is to provide general
information only, does not constitute legal advice, and cannot be used or
substituted for legal or tax advice. |
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