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| Benefits & Administration |
| PSNC 2018: Helping Participants Maximize Their Savings Opportunities |
| To make it practical for defined contribution (DC) plan participants to maximize their savings opportunities, they first need to get their financial house in order. Alvin Shaver, director of compensation and benefits at Southeastern Freight Lines Inc., a 2018 PLANSPONSOR Plan Sponsor of the Year finalist, told 2018 PLANSPONSOR National Conference (PSNC) attendees that having an emergency fund is important for participants. He noted that stats show many cannot come up with even $400 to cover an unexpected expense. “If they can’t handle that piece, it affects all other pieces. If they can’t pay bills, they cannot think about saving for retirement,” he said. Sources on the panel also discussed choosing between Roth and pre-tax savings and saving for long-term health care expenses.Read more > |
| PSNC 2018: Rules, Regulations and Other Factors Affecting DB Funding Strategies |
| A partner at Ivins, Phillips & Barker discusses why defined benefit plan sponsors should consider accelerating their funding, and suggests creative strategies for how to do so.Read more > |
| PSNC 2018: The Importance of Educating Investment Committees |
| Day two of the PLANSPONSOR National Conference featured a session on investment committee education, the basics surrounding it, and the best resources available to plan sponsors.Read more > |
