90 – 10 – 90 RULE

by Kimberly DeAngelis on
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!

2020 Year-End Tax Tips

by Kimberly DeAngelis on

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...

Mitigate Risk with 3(38) Fiduciary Investment Management

by Kimberly DeAngelis on
Categories

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...

New IRS Indexed Limits Announced for 2021

by Kimberly DeAngelis on

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

Your 401(k) Plan During the Pandemic

by Kimberly DeAngelis on
Categories
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.

Long-Term Care Insurance: When and What Kind?

by Kimberly DeAngelis on

Long-Term Care Insurance: When and What Kind?

Although the current and future costs of long-term care are a chief concern for many, especially as we age, long-term care planning remains one of those less-than-desirable topics to raise with your advisor.

Incapacitation can be a very difficult...

Top 10 CARES Act Provisions

by Kimberly DeAngelis on

From our friends and colleagues at Buckingham Strategic Partners, this helpful list highlights what you need to know about the CARES Act, covering everything from economic impact payments to business loans to medical expenses.

Congratulations! You landed a new job. Whether you’ll be stepping into a similar role just at another company or embarking on a completely new career, understanding some beyond-the-salary financial implications of your new gig can make the switch a lot easier.

From keeping track of the savings in...