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October 16th, 2018

2019 Awards Nominations Are Open

The deadline for the 2019 Plan Adviser and Adviser Team of the Year award nominations is October 19.Read more >

Health Care Provider Accused of Excessive Fees in 403(b) and 401(k) Plans

A lawsuit alleges that the defendants failed to take advantage of the plans’ bargaining power by only offering actively managed retail mutual funds as investment options.Read more >

AARP Social Security Resource Center Answers Key Questions

AARP has launched a digital Social Security Resource Center, coinciding with this week’s announcement that Social Security benefits will be increased 2.8% for 2019. The AARP resource center helps individuals answer the following questions: “What is the maximum Social Security benefit I can receive, and how do I claim it? Can I work and collect Social Security? And how can I get a copy of my Social Security award letter?”Read more >
What Are ‘Pick-Up’ Contributions?
“What are Section 414(h) ‘pick-up’ contributions?”Read more >

Endowment Index Has Weak Quarter

The Endowment Index gained 2.04% in the third quarter, according to data shared by Nasdaq. The 2.04% index gain significantly trailed the S&P 500, which gained 7.71% during the quarter. Year-to-date, The Endowment Index is up 0.92%, compared with the S&P 500 climbing 11.01% as of the end of the quarter.Read more >

USI Names Retirement Services VP

USI Consulting Group (USICG) hired Bill Tracy as vice president of retirement services, based in Pittsburgh, Pennsylvania. In this role, Tracy will be responsible for leading new business development activities in western and central Pennsylvania. He will also consult on fee diagnostics, fiduciary governance, vendor selection, plan design, plan investments, retirement readiness and financial wellness.Read more >

Break From the Grind: Let the Music Play

Most employees like listening to music at work and say it makes them more productive, a survey finds.Read more >

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

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