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Financial Wellness Reaching Majority Status

January 24, 2018 | Category: Participant Outcomes | Posted by Ashley Naab

Your company is likely among the majority that not only want to help employees with their non-retirement financial matters but also are offering tools to make it happen. That statement can be made with some degree of confidence, because according to the Aon Hewitt 2017 Hot Topics in Retirement and Financial Wellbeing report, 59% of […]

Committee Member Networking

August 31, 2017 | Category: Participant Outcomes | Posted by Brea Dantin

  Take the leap! Have you ever felt alone, like you and or your company are the only ones struggling with your type of fiduciary questions or concerns? While from time to time that may be true, more often than not other people have been in your position or are currently struggling with the same […]

10 Steps for Hiring a Managed Accounts Provider

September 8, 2016 | Category: Participant Outcomes, Plan Design | Posted by Deana Harmon

Does your company’s retirement plan offer managed accounts services to participants? Conceptually, managed accounts sound attractive –simply, an investment management service for retirement plan participants who need help. In its most basic form, this service designs a series of portfolios with varying risk and return characteristics using some or all the investment options offered in […]

Watch Out – States Could Run Your Retirement Plan

July 28, 2016 | Category: Governance, Participant Outcomes | Posted by Doug Prince

State Run Retirement Plans The Department of Labor (DOL) has attempted to project and enforce the highest levels of protection for American’s retirement plans. Since the passage of the Employee Retirement Income Security Act (ERISA) in 1974, the Department of Labor has enforced this act by assessing fines, issuing regulations, barring people from managing retirement […]

The HSA – Your Next Best Retirement Savings Vehicle

May 25, 2016 | Category: Participant Outcomes | Posted by Doug Prince

With the increase in individual tax rates over the past several years, many have asked me how they can save more on a tax-advantaged basis. I think one of the best opportunities to save for retirement is through your Health Savings Accounts (HSA). First, let’s review the benefits of a qualified retirement plan. The money […]

An Introduction to Re-enrollment

January 10, 2016 | Category: Participant Outcomes, Plan Design | Posted by Ashley Naab

Re-enrollment can be one tactic that plan sponsors use to encourage increased participation,  more diversified investing and increased savings rates. However the term “re-enrollment” is broad and requires analysis of the plan’s objectives, plan sponsor’s fiduciary duties, plan document restrictions and recordkeeper capabilities. Below is the quick and dirty introduction to re-enrollment and how it […]

Are Your Executives Saving Enough for Retirement?

September 23, 2015 | Category: Participant Outcomes, Plan Design | Posted by Deana Harmon

If you are a CEO, CFO or Human Resources Executive, your leadership role includes looking out for the long-term interests of the company. You may be called upon to be a contributor or leader in the design and management of executive compensation and benefits. You have the opportunity to consider the value to the company […]

Are You Ready for 401(k) Day?

September 4, 2015 | Category: Participant Outcomes | Posted by Ashley Naab

It’s that time of year! As summer winds down and Labor Day approaches, our friends at the Plan Sponsor Council of America (PSCA) launch their annual 401(k)/403(b) Day campaign. What is 401(k) Day? The PSCA wants to help plan sponsors educate and engage their workforce in planning and saving for retirement. They do this by […]

What if our Employees can’t retire?

September 1, 2015 | Category: Participant Outcomes | Posted by Doug Prince

What are the ramifications of one-half, or more, fewer retirees each year? A lot of things go through one’s mind with this question.   Here are a few items that came to mind for me first: Less Turnover and More Experience Higher Health Care Costs Higher Long-Term Disability Cost Higher Wage Costs & Maybe Productivity Higher […]

Automatic 401(k)/403(b) Programs Get a Break

August 27, 2015 | Category: Participant Outcomes | Posted by Doug Prince

One of the biggest downsides to implementing automatic enrollment or auto increase (“Auto Programs”) has been improved.  Auto Programs have been one of the fastest growing programs for retirement plans.  According to the Plan Sponsor Council of America’s 57th annual survey, 50.2% of plans utilize automatic enrollment and 44% of those plans utilize automatic increase […]