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November 22nd, 2016 |
| Getting to a Better PlacePlan sponsors have more ability to renegotiate their recordkeeping deal than they may think. When sponsors have hard data showing that their plan pays higher fees or gets fewer services than the current market norm, recordkeepers generally will do what it takes to keep the client, Todd Hughes, director, ERISA [Employee Retirement Income Security Act] and vendor services, for Pension Consultants, Inc. says.Read more > |
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ASK THE EXPERTS
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415 Limit When Sponsoring Both a 401(a) and 403(b) “We are a private tax-exempt hospital that sponsors a 401(a) and a 403(b) plan, both of which are subject to the Employee Retirement Income Security Act (ERISA). We were told by our recordkeeper that it is possible to contribute up to $108,000 on behalf of an employee between both plans in 2017. Is this true?”Read more > |
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All Generations Struggling to Meet Retirement GoalsA survey reveals motivations to get retirement plan participants to save more.Read more > |
| Lincoln Financial Hires Relationship ManagersLincoln Financial Group has hired Carolyn Bremer, Rusty McGiboney and John Killoy to enhance its Participant Engagement and Relationship Management teams across its Retirement Plan Services business. They will work to build and strengthen the firm’s relationships with participants and plan sponsors in order to help drive positive retirement outcomes.Read more > |
| Break From the Grind: Views of the BossMany employees like their bosses, but managers still have much work to do, according to new research from staffing firm Accountemps. Nearly two in three workers (64%) said they are happy with their supervisors, and another 29% are somewhat happy with their bosses. Only 8% of workers give their manager a thumbs down. Yet, despite generally positive attitudes about the higher-ups, there were some areas where respondents felt their managers could improve.Read more > |
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