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You have dedicated your life to working hard and saving in order to achieve important goals such as providing for children’s education and enjoying a secure retirement. Investing your savings can sometimes feel a little overwhelming and knowing where to turn for reliable information can be...

You have dedicated your life to working hard and saving in order to achieve important goals such as providing for children’s education and enjoying a secure retirement. Investing your savings can sometimes feel a little overwhelming and knowing where to turn for reliable information can be...

Qualified retirement plans fall into two broad categories based on the formula that defines them. The first is the Defined Benefit (DB) Pension Plan. These plans specify the amount the plan will pay to participants upon retirement. The second category is the Defined Contribution (DC) plan. DC plans...

Dear Clients, Colleagues and Friends:

Once in a very great while, there comes a year in the economy and the markets that may serve as a tutorial—in effect, a master class in the principles of successful long-term, goal-focused investing. Two thousand twenty was just such a year.

On December 31...

You are likely familiar with 401(k) plans and profit-sharing plans, and may have even established such a plan for your employees. The maximum contribution that can be made for owners and targeted individuals under these kinds of plans is $57,000 in 2020 ($63,500 if the individual is age 50 or over...

If you, your plan or your participants suffer from poor participation, low deferral rates or shortsighted investment decisions, you are not alone. Here are three major obstacles that sponsors need to overcome to help produce better retirement plan outcomes!

Here are some things to consider as you weigh potential tax moves between now and the end of the year.

1. Defer income to next year

Consider opportunities to defer income to 2021, particularly if you think you may be in a lower tax bracket then. For example, you may be able to defer a year-end...

When an employer decides to sponsor a qualified retirement plan, they accept certain fiduciary
responsibilities. One critical responsibility is the management and control of the plan assets.
Discretionary authority over qualified plan investments is a heavily regulated function.
Adherence to the...

The use of auto features in 401(k) plans has continued to climb in popularity over the past decade. In fact, auto features such as automatic enrollment and auto escalation are considered best practices in 401(k) plan design as ways to help boost participation and employee savings rates.¹

Many...

The 2021 IRS indexed dollar limits for qualified retirement plans have been released and they are mostly unchanged.  The updates are summarized below:

Retirement plan sponsors are dealing with tremendous complexity, confusion and uncertainty. COVID-19 has changed every facet of society as we know it — including how you manage your 401(k) plan. If you're having difficulty wrapping your head around all of the changes and to-dos, you're not alone.