Our Blog - Surety Matters

  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

  With workers reporting heightened fears about not having enough income to retire, plan sponsors are becoming increasingly active with retirement plan design. Specifically, a new survey by PGIM finds that plan sponsors are educating…
Read Moreabout Where Do You Stand?

  So far, 2023 has not been a great ride for plan sponsors: litigation and compliance issues are up—and participant confidence in retirement is down. A first quarter analysis points to a variety of challenges…
Read Moreabout Ups and Downs?

  As the saying goes, perception is everything, and when it comes to employee satisfaction, there’s a widening gap between employer and employee perceptions of well being: according to new survey data,  83% of employers…
Read Moreabout Mind The Gaps

  As the retirement industry works to digest the massive SECURE 2.0 legislation, more clarity is surfacing about compliance issues and implementation timelines. Not to be lost in the sauce are a variety of optional…
Read Moreabout Optional Provisions: SECURE 2.0

  Retirement plan sponsors are not only responsible for their own actions—they are obligated to monitor the other fiduciaries of the plan. Failure to monitor can result in being named personally liable in a lawsuit,…
Read Moreabout Failure To Monitor Other Fiduciaries

  Lawsuits against 401k plan sponsors are continuing at an “unprecedented pace,” with 2022 second only to the flood 2020 brought on. Attorneys point out that despite some modest signs of courtroom optimism for plan…
Read Moreabout Making Defendants Look Dumb?

  Both the original SECURE Act, passed in 2019, and SECURE 2.0 enacted at the end of 2022, brought changes to the rules for required minimum distributions (RMDs). Experts caution retirement plan sponsors to pay…
Read Moreabout Staying Current: RMDs