Having Enough: Savings
Retirement plan participants are cancelling illusions of grandeur about older age and leaning in on more practical considerations. There’s a growing focus on having enough savings to maintain a healthy and ordinary life without…
Read Moreabout Having Enough: Savings
401k: Theft?
It’s happening. Recently, for example, a man in Maryland was indicted for money laundering, after implementing a computer fraud scheme to illegally access $246,390 from a 401k account. No wonder the Department of Labor—and…
Read Moreabout 401k: Theft?
Zillennials at Work
Robust benefits packages are extremely important to Zillennials—the “micro generation” of employees in the 24-29 range. According to new survey data, so is having a sense of purpose on the job and a work…
Read Moreabout Zillennials at Work
Obligated To Mitigate Risks
ERISA law experts continue to keep a close watch on how the Department of Labor’s 2021 cybersecurity guidance for employee retirement plans is playing out in audits and court rooms across the country. The…
Read Moreabout Obligated To Mitigate Risks
Optimism: Five Years Out?
What’s ahead for retirement plans? While there’s lots of worry about cybersecurity, plan leakage, and, the lingering impact of the current tsunami of ERISA litigation, industry experts see bright spots when looking ahead. More…
Read Moreabout Optimism: Five Years Out?
Endless Responsibility Lists?
That’s what retirement industry experts say plan sponsors are confronting amid rising expectations for keeping retirement accounts safe. As Michael Bonfante, Business Development Manager at Colonial explains in FiduciaryNews: “Since the DOL’s release of…
Read Moreabout Endless Responsibility Lists?
Plan Sponsor Worry List
Plan Sponsor Worry List Retirement plan sponsors across the country find themselves with ever more to do—and worry about—especially in small businesses. Striving to provide employees with better benefits, keep up with regulations, address cybersecurity…
Read Moreabout Plan Sponsor Worry List
ERISA 104b Requests?
Retirement plan participants have the right to request plan documents and information. When they make a request, it’s important to respond in a timely manner—and to keep a record of doing so. Pay attention…
Read Moreabout ERISA 104b Requests?
Public Leaders Agree: Securing Retirement
The Senate’s Health, Education, Labor and Pensions Committee (HELP) has advanced the RISE and SHINE Act aimed at improving retirement security. It is anticipated that the Senate Finance Committee will now add to the…
Read Moreabout Public Leaders Agree: Securing Retirement