Commercial Construction Outlook
The U.S. Chamber of Commerce finds reason for optimism with the release of the fourth quarter Commercial Construction Index (CCI). Most contractors anticipate the new year will bring sufficient new business, with one in…
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Retirement Plan Audits and Cybersecurity
As plan sponsors put cybersecurity protections in place, they will find it helpful to prepare for related questions from benefit plan auditors. Follow The Auditors Although the Department of Labor has not issued specific guidance…
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Cybersecurity Forecast for 2021
Many of us have started paying increased attention to cybersecurity at work and at home. Experts advise that we are nowhere near done with data protection. Disruption Opens More Possibilities for Criminals The space between…
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What’s a Trustee To Do: Facing Volatile Markets
A trustee must follow the prudent investor rule in managing the assets of a trust. Keep in mind: this is a process-based standard—not a performance-based one. Investing Trust Assets Volatile markets present unique challenges to…
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Protecting the Vulnerable: Fiduciary Duties and Bonds Explained
Protecting the Vulnerable: Fiduciary Duties and Bonds Explained When someone cannot make sound decisions for themselves, a court can appoint a fiduciary to do so. Often, courts require fiduciary bonds to protect “the ward.” Safeguarding…
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Protecting Veterans: COVID-19 Vaccines and More
It is estimated that 7 million veterans will want to receive the COVID-19 vaccination from the Department of Veterans Affairs (VA). Plans are underway! Getting Started The VA will begin COVID-19 vaccinations with frontline health…
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Duty-Bound to Beneficiaries: Insights for Executors and Trustees
What happens when an estate or trust plan has been set up to continue the operations of a business beyond the owner’s death—but the business ultimately does not provide value to the beneficiaries? Prioritizing the…
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Winning Bids: $9.2 Billion
Federal funding has been dedicated to constructing rural broadband networks. The competitive bidding process spurred ambitious project plans from a diversity of companies. Competitive Bidding: Important Work A $9.2 billion commitment by the Federal Communications…
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The Critical Importance of Employer Sponsored Retirement Plans
The pandemic has demonstrated how much people need and want to save—and the valuable role employers have in helping them do so. Protect your plan in 2021! Retirement Savings Provide Relief The disruptions of 2020…
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