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Category Archives for "Employer-Sponsored"

Mar 26

How to Understand Your Role as a 401(k) Plan Fiduciary

The Fiduciary Role One of the key tenants of any employer-sponsored retirement plan, such as a 401(k) is your role and responsibility as a Fiduciary. A Fiduciary as defined in ERISA is somehow who: Exercises discretion over the management of the plan or any authority over plan assets; Renders investment advice for a fee or […]

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Mar 06

What is Financial Wellness and Why it Matters to Your Business

Your employees are juggling multiple challenges. No matter what stage of life they’re in, financial stressors often top the list. Student loans and other debts bog down millennials who are just getting started. Members of Generation X may be in the prime of their careers but are pinched caring for children and aging parents. Baby […]

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Jan 07

Five Ways to Support Your 401(k) Plan

As a 401(k) advisor, I help to reduce your 401(k) workload, but I also help to reduce your liability by taking on a fiduciary role.  Bottom line, my biggest responsibility is to identify and mitigate your personal liability risk while helping to empower your employees to build assets for their retirement. Learn about the five areas where we can elevate and support your 401(k).

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Dec 05

How to go Beyond Traditional 401(k) Education & Advice

While some plans worry about the legal consequences of offering advice programs, the Pension Protection Act (PPA) and related DOL guidance continue to support education and advice programs.  We believe that an effective plan design will provide good alternatives for participants, and effective education and advice programs will enhance the likelihood that participants will make […]

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Nov 04

Four 401(k) Plan Administration Best Practices

The cornerstone of effective plan administration is the plan document, which stipulates how Fiduciaries will handle the administrative features of the plan. All Qualified retirement plans must satisfy complex coverage and nondiscrimination testing requirements to qualify for the special tax treatment afforded to these plans under the Internal Revenue Code. In addition, most plans that […]

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