401(k) Plans: Understand and Mitigate Cyber Security Breaches
Legal experts break down why 401(k) plans are so vulnerable to cyber security breaches, explain the potential for related lawsuits and offer practical actions to mitigate risk. Expert Guidance from Proskeur and Microsoft The…
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Disruptions on the Path to Retirement
Workers in their 50s and 60s are experiencing declining incomes—and facing the prospect of delaying retirement. Plan sponsors will want to stay abreast of the trends. The Bottom Line AARP reports that the pandemic…
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Uniting Against Cybercrime: Advice from the World Economic Forum
What worries have corporate leaders carried to the World Economic Forum? Global recession, bankruptcies—and, third on the list: cyberattacks. Experts advice increased awareness and action by everyone. Cybercriminals Are Wide Awake Here’s the deal:…
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New Guidance for Plan Sponsors: Missing Participants?
Over a billion dollars in retirement plan assets was recovered by the Department of Labor in 2020 alone. New guidance clarifies the obligations of plan sponsors related to ensuring participants receive their benefits. Missing and…
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Protecting Retirement Savings
Ouch! For most workers, early withdrawals from retirement accounts turn out to be very costly, since lost opportunity from market gains is hard to make up. Encourage plan participants to do everything they can…
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The Consequences of So Much Connection
Can you even imagine living, caregiving and working right now without the connectivity that ever more and faster tech makes possible? Alas, with the benefits of new connectivity come increased responsibilities too. More Connectivity…
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Blackrock’s 401(k) Plan Heads To Trial
Doubts about whether Blackrock’s 401(k) followed the Plan’s Investment Policy Statement have led to the class action suit. Relatedly, here are three critical questions for retirement plan sponsors. What Is the Investment Policy for Your…
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Reducing Financial Stress
When employees are stressed out about their personal finances, a company’s productivity decreases. Employer-sponsored retirement plans are an important part of the solution. Increased Productivity Associated With Retirement Plans Offering a retirement plan takes time…
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Steering Forward: Get Your Plan Participants Focused
Well, 2021 is here. Now what? Your retirement plan participants will appreciate reminders about nuts and bolts—especially considering some of the regulatory shifts made as COVID-19 emerged last year. Participants In Their 70’s? Whether…
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