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…
Articles about financial differences between women and men often focus on the wage gap. But there’s another gap between the sexes that’s related to income and just as important to discuss. Let’s call it the retirement readiness gap. According to recent statistics, the majority of individual workers face an uphill…
Retirement plan sponsors and fiduciaries should always look at any decision they make through the lens of ERISA law. That includes if and how to offer self-directed brokerage accounts (SDBAs) or “windows” as options for plan participants. Opening a brokerage window does not close the door on breach of fiduciary…
ERISA 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…
Every year when Valentine’s Day comes around, we spend time thinking about how much our loved ones mean to us. We also spend a lot of money to show them how valuable their love is to us: more than $1 billion on candy and sweets; nearly $2 billion on flowers,…