It’s important that a 401(k) participants account is paid out in accordance with their wishes if something happens to them. We highlight three things a plan sponsor can do for their participants regarding up-to-date beneficiary designations. Retirement plan sponsors have many levers they can pull to help shape participants’ retirement…
There’s a relatively new retirement partnership that you may not know about. It’s common for employers to view health benefits and retirement benefits as separate entities. Each type of benefit offers something different to workers, and they are both governed by their own unique set of regulations. In fact, the…
Partnering with a Third Party Administrator (TPA) can be very beneficial to help manage compliance-oriented and day-to-day tasks related to managing a retirement plan. Many TPA’s refer to themselves as ERISA Consultants. 401(k) plan sponsors know that running a plan requires a lot of work, whether it’s seeking answers to…
Do you know who’s who in the world of the 401(k)? With 401(k) plans set to celebrate their 40th birthday in 2018, their popularity continues to grow. Assets neared the $5 trillion mark at the end of 2016. 401(k) plans are a great way for participants to save for their…
U.S. stock markets climbed to record levels in the first quarter of 2017, most notably with the Dow Jones Industrial Average crossing the psychological 20,000-point barrier in February. Read more about six of the most impactful events of the quarter HERE.