Heartbroken?
Deep sorrow is normal following the death of a loved one, and ultimately, nothing we do is likely to change that. We can, however, do the important tasks of leaving our affairs in order…
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Committee Duties and Training
Just as retirement plan sponsors must deeply understand and comply with ERISA, so too must each and every member of a retirement plan committee. Regular meetings, education, training, and follow-up are best practices. Committee…
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Prove It: Defense Is a Must
Litigation related to employee benefits is a growing area of risk for businesses, and, when allegations are made, sound defense is a must. Consider, for example, that in cases brought against retirement plan sponsors,…
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New Hires? Training Tips
Lucky the owner behind a growing construction business that is not having trouble training and retaining a solid team of employees. Retirement of baby boomers, the tight labor market, and a plethora of civic…
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What’s Old Is New: Innovation
What’s Old Is New: Innovation Although synthetic macrofibers have been available as alternatives to steel for several decades, the risks associated with innovating have kept builders away. However, the completion of several major projects in…
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Arbitration vs Litigation?
In construction, successfully fulfilling all contractual obligations is often way easier said than done. Before disputes over errors and omissions turn into costly and time consuming court battles, try arbitration. In addition to saving…
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Supply Chains: Adapting To New Realities
Supply chains might be improving, but the bigger reason stressing over material procurement has eased is likely that builders have gotten a whole lot better at “bobbing and weaving.” Creativity and collaboration are new…
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SECURE 2.0: Understanding The Impact
Given the massive breadth of the SECURE 2.0 Act of 2022, analysis has taken some time, but experts are starting to predict that the greatest potential impact on retirement outcomes will be derived by…
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Retirement Plans and Emergency Savings?
Pension Linked Emergency Savings Accounts, aka PLESAs, were made possible by a provision in the SECURE 2.0 Act, which became effective at the start of 2024. To help plan sponsors understand and correctly implement…
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