Tax Cuts & Jobs Act

Tax Cuts & Jobs Act

Policy Highlights The Tax Cuts and Jobs Act (H.R. 1) overhauls America’s tax code to deliver tax relief for workers, families, and job creators.  By lowering taxes across the board and modernizing our international tax system, the Tax Cuts and Jobs Act will help create jobs, increase paychecks, and make the tax code simpler for […]

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Does Your Investment Menu Need a Tune Up?

Does Your Investment Menu Need a Tune Up?

BENCHMARKING YOUR 401(K) FUNDS Benchmarking is a retirement plan best practice that allows plan sponsors the opportunity to “take a peak under the hood” of their 401(k). The process allows you to compare your plan to similar plans, measuring key metrics such as participant saving and participation rates, fee reasonableness and service providers. Benchmarking should […]

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Items Your Annual Retirement Plan Review May Be Missing

Items Your Annual Retirement Plan Review May Be Missing

As a plan sponsor, you are no stranger to the annual retirement plan review. And believe it or not, it is that time of year again! Although you may meet quarterly or semi-annually with your advisor, a yearly plan assessment is an opportunity to evaluate the health of your plan. Many times, the focus of […]

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Motivating Savings with Financial Wellness and Plan Design

Motivating Savings with Financial Wellness and Plan Design

Resolution season is upon us. January through March are the peak motivation months.  That special time of the year when people are eager to make positive strides toward physical, financial, professional, or personal goals.  On average, 42% of Americans make money-related resolutions.  However, in less than 6 months, half of the once dedicated forget about […]

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What is 401(k) Benchmarking and Why Should You Do It?

What is 401(k) Benchmarking and Why Should You Do It?

Simply stated, benchmarking is the process of reviewing and evaluating your company retirement plan. It involves taking a look at what you are offering your employees today and deciding if it’s appropriate or needs some updating. There are four main areas to focus on when assessing your retirement plan: Plan Design Service Providers Funds Fees […]

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What Does it Really Take to Retire?

What Does it Really Take to Retire?

As a plan sponsor, your employees rely heavily on your guidance; after all, you manage the plan that may offer their best shot at a successful retirement. When the 401(k) plan was introduced in the mid-80s, it was not intended as a standalone solution. However, as time evolved, defined contribution (DC) plans became the primary […]

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Evaluating Your Fiduciary Process

Evaluating Your Fiduciary Process

Believe it or not, an efficient retirement plan committee does not happen by chance. The “best practices” your committee upholds form the foundation for a prudent process creating an opportunity for employees to pursue their retirement goals. Companies of any size can benefit from a consistent process and should consider implementing a few of the […]

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Customizing Retirement Plan Design

Customizing Retirement Plan Design

NO “ONE-SIZE-FITS-ALL” PLAN Retirement plans come in all shapes and sizes: DC Plans, DB Plans, Non-Qual, 401(k), 403(b), 401(a), 457, SEP IRA, Simple IRA, Roth IRA, Cash Balance, HSA… and any other number letter combinations that you can think of. The simple truth is that there is no one-size-fits-all version of a retirement plan; and […]

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Why You Should Seek Help When Planning Your Financial Future

Why You Should Seek Help When Planning Your Financial Future

Whether you’ve come into a large inheritance or suddenly find your income rising, a financial planner can help you manage your future. Creating a financial plan can help your family at any income level, as this allows you to cover your savings and investments, plan for retirement, education and emergencies. However, you need to first […]

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