401(k) terminology got you confused? Watch our easy explanation of three of the most confounding terms.
Posts Tagged: 401(k)
It’s Labor Day—Is Your 401(k) Working Hard?
by Kathy Duffy, on 08.30.2016Since 1894, the first Monday in September has been reserved as a federal holiday to recognize the contributions of American workers. Labor Day has traditionally celebrated the hard work, dedication and innovation that Americans in all occupations have shown in making our country what it is today. It seems…
A Fidelity Bond or Liability Insurance?
by Kathy Duffy, on 08.05.2016With a wave of class action lawsuits sweeping the retirement plan industry, many plan sponsors and fiduciaries are looking at solutions that can help protect themselves and their companies from costly liability. Protection for plan sponsors and fiduciaries generally comes either from ERISA fidelity bonding or fiduciary liability insurance. Both…
ERISA & Fiduciaries: What are Prohibited Transactions?
by Kathy Duffy, on 04.27.2016ERISA code can be a dry read, but it is essential for plan sponsors to understand what the code says and how to stay compliant with the law. Our ERISA whitepaper breaks down relevant sections of the code for plan sponsors to show how the law applies to their fiduciary…
ERISA & Fiduciaries: Who is the Prudent Man?
by Kathy Duffy, on 04.06.2016In our latest whitepaper, we dissect and discuss some of the more critical sections of the ERISA regulations on fiduciary duty for the benefit of plan sponsors. The paper highlights the ERISA code broadly, so I’m going to pull out specific language from the regulations in a series of blog…