Our Blog - Surety Matters

  Retirement plan participants are allowed to make catch-up contributions, but a question that arises in plan administration is: When does an employee salary deferral                     …
Read Moreabout Catch-up Contributions?

  A fundamental responsibility of retirement plan sponsors is establishing, adhering to and periodically updating the plan document, which essentially functions as a master guide to ensuring the plan is operating correctly. Here are key…
Read Moreabout Plan Document: Fiduciary Fundamentals

  Unfortunately, despite research that shows most retirees harbor a lot of “should have, would have, could have” related to their savings and financial plans, there is no going back. Though do overs are impossible,…
Read Moreabout Do Over?

  Given the rapid pace of evolving technology—and today’s litigious environment—benefit industry experts remind plan sponsors that protecting participant data against cybersecurity breaches is an increasingly pressing duty. Since it’s not a matter of “if”…
Read Moreabout Data Protection: Who Has Access?

  As anticipated, a bipartisan group of leaders in Congress have signaled that they will issue corrections related to the massive SECURE 2.0 Act which was passed at the end of 2022. Although no timeframe…
Read Moreabout SECURE 2.0: Technical Corrections

  In our daily lives we are becoming more and more accustomed to “automatic everything.” With this in mind, though some plan sponsors are fearful that stepping up auto-escalation could deter participation, industry experts point…
Read Moreabout Go Ahead: Escalate!

  Plan sponsors play a critical role in getting Gen Z employees off to a great start on both retirement savings and overall financial wellness. Toward that end, being a trusted source of information, and…
Read Moreabout Retirement Intel for Younger Employees

  Some of us may be unorganized in our approach to the management of personal finances—and that is no one’s business but our own. However, when it comes to serving as a retirement plan sponsor,…
Read Moreabout Unorganized? Get a Grip!

  What’s 12.5% of 60 million? A lot—and that’s the approximate number of retirement plan participants who have outstanding loans against their savings. ERISA experts point out that “a lot” also represents the administrative errors…
Read Moreabout Retirement Plan Loan Errors