The Cost of Cybercrime
$6 trillion dollars! That’s how much money experts estimate cybercrime will cost the global economy in 2021! Get prepared. Secure practical solutions and support now. A Ubiquitous Problem The more we all work, relate and…
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Legal Experts Implore Plan Sponsors: Protect The Data!
Because retirement plans contain sensitive participant data, plan sponsors must step up efforts to protect it from cybersecurity threats. Legal experts urge more precautions. An Explosion of Data Breach Lawsuits As reported by PlanSponsor:…
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Data Breaches: What Is Your Plan?
Recent data breaches in the healthcare industry are alarming. The fact that there is a shortage of qualified cybersecurity professionals is troubling. Plan sponsors: how are you protecting your plan? Get Focused Cybercrime is…
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Year End Communications About Retirement Savings
The IRS has announced that the elective deferral limit for employee contributions to 401(k) plans for 2021 will remain at $19,500. However, it’s still an important time of year for plan sponsors to communicate with…
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ERISA Pre-dates Modern Computing But Cybersecurity Counts!
As retirement plan sponsors juggle compliance with ERISA—and the evolving landscape of cybersecurity threats—legal experts advise increased diligence. Stay Current The first known use of the word cybersecurity was in 1989—nearly fifteen years after…
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401(k) Class Action Suits on The Rise: Protect Yourself and Your Plan
Benefits lawyers are currently experiencing a flood of lawsuits related to 401(k) plans. Plan sponsors need to closely follow ERISA regulations and ensure protection for retirement plans—and themselves. Challenging 401(k) Plan Fees An analysis by…
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The 401(k) Partial Termination Rule: Have You Invoked It?
Navigating the pandemic continues to force companies to make tough choices, including temporarily or permanently reducing the workforce. Plan sponsors need to assess the ramifications for 401(k) plans. Understanding the IRS Partial Termination Rule…
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Going Beyond Passwords for Protection!
The pandemic has led to an accelerated transformation in the business world. Yet, identity protection continues to rely mostly on passwords. With the cost of identity fraud rising, what does the future hold? Steering…
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Part-Time Employees Can Now Contribute to Pension Plans
It’s hard to believe but January 2021 is right around the corner! For plan sponsors, that means now is the time to make way for part-time employees to participate in 401(k) plans. Comply With the…
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