In June 2022, the Internal Revenue Service announced a new pilot pre-examination retirement plan compliance program. So, what exactly does this mean? If you are a plan sponsor, now is the time to get up to speed on what this new pilot pre-examination retirement plan...
In the world of small businesses, it’s not uncommon for owners to resist offering 401(k) retirement plans to employees. The reasons are different for every small business, but mainly, small business owners say they don’t offer 401(k) retirement plans to employees...
While the world of investing and wealth management has been dominated by men, it seems the tide is turning. Women are coming into wealth and that is presenting new issues for them, as they seek to invest and grow their financial bottom line. Known as the “Great Wealth...
Everyone is talking about cryptocurrencies it seems, and participants of 401(k) plans are no exception. Recently, federal authorities have announced that cryptocurrencies might not mesh with current standards for employee 401(k) plans and asked participants and...
The last few years have brought considerable changes to the workforce – including what’s been dubbed the “Great Resignation,” with people leaving jobs. However, as we head into 2022, saving for retirement continues to be a priority. According to Fidelity, account...
If you, like many Americans, struggle to add to your retirement savings accounts, there are some changes on the horizon that are aimed at helping. There is a new law before Congress, the Securing a Strong Retirement Act of 2021, that could help you save more – and...
For many older Americans, retirement is the end of the road. You work and then you retire and that’s it. But there is a growing trend called “unretirement,” where people retire and then at some point, return to the workforce. The reasons retirees return to the...
Another year has come and gone, and at the end of 2021, it’s a good idea to take stock of things – and understand what your retirement planning options are and what you need to do in the coming year. For many employers and plan sponsors, the end of the year brings...
November is a great time to think about retirement planning: How much you are saving, if you need to make any changes and what goals are you meeting (or falling short of). Reflecting on retirement planning periodically is always a good idea, especially if you are in...
When you are starting a job at a new company – or just looking around – you might notice that employee compensation packages include employer 401(k) matches as a perk. But do you know your current company’s matching formula? And how much does it matter? Because...
Recent Comments