Plan Design for Shifting Times
With small businesses across the country contracting or expanding in sync with the challenges and opportunities at hand, retirement plan sponsors are encouraged to customize the plan to meet current needs. Experts provide examples of…
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Retirement Plan Fundamentals
Small businesses are confronting tight hiring markets as they strive to recover from the pandemic’s economic impact. Offering a retirement plan can be a competitive advantage. Here is guidance and cautionary advice for business owners…
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Small Biz? Cyber Security Tips
Small businesses juggle so many challenges and opportunities in the forge forward. Given tight resources, it is tempting to think that cyber breaches won’t happen “to us.” Of course that’s not a real risk…
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Error Reduction? Tips for Plan Sponsors
Surveys indicate that about 70% of plan sponsors have been using the same record keeper for 5-7 years. Given the changes and possibilities in the field, it might be time to explore current offerings. Cybersecurity?…
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Impacting Retirement: Pay Inequity
Data shows that the gender wage gap continues, with women earning less then men. A new study illustrates how that gap impacts retirement possibilities for women. Some public officials hope new legislation can create shifts….
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401k Lawsuits?
ERISA lawsuits continue at the rapid cookie-cutter pace now possible because of established legal precedents. Industry experts report that as ERISA lawsuits become ever more commonplace, smaller plans are feeling the heat. Disruptive and Expensive…
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Monitoring Plan Service Providers
ERISA experts urge plan sponsors to better monitor the cybersecurity practices of service providers. Although responsibilities may be delegated, your fiduciary obligation to provide the highest duty of care remains. Here’s what you need to…
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Resignations and Retirement Accounts?
Maybe some of the employees at your small business are restless and resigning—as are millions across the country. Maybe you are bringing in new talent—as you grow your business and attract workers looking for increased…
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Passwords and Plan Sponsors
Bad password practices open retirement accounts to cybercrime. That’s one reason why the Employment Benefits Security Administration (EBSA) has provided plan sponsors with Online Security Tips for use in educating plan participants about protecting their…
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