Retirement Blog
Follow Hardship Distribution Rules to Keep Plan Status
While many employees today understand the importance of retirement readiness, some plan participants may seek a 401(k) hardship distribution to accommodate crucial, more immediate needs. If your... >> read more
Don’t Forget the Must-Do Communications
Ongoing communication with your retirement plan participants can often help boost contributions and retirement readiness. While much of this type of messaging is optional, there are some instances... >> read more
Choose Your Plan Auditor Carefully
Are you happy with your plan auditor? Do you know what qualifications to consider when choosing one? Equally important, do you know a recent study by the U.S. Labor Department’s Employee Benefits... >> read more
What’s the Scoop on Lifetime and Income Plan Participation?
Have you heard about lifetime retirement plans and wondered what they are and how they might impact you as a plan sponsor? A recent Institutional Retirement Income Council (IRIC) report examines... >> read more
Retirement? Not Everyone Plans to Stop Working
One in five Americans expect to work forever, or basically until they are unable, according to a recent generational retirement study by Transamerica. This percentage seems incredibly high, yet... >> read more
Just in Case: Understand Plan Audits and Procedures
Few, if any, retirement plan sponsors want to face an audit, yet a successful private retirement system necessitates occasional employer audits by the Internal Revenue Service’s Employee Plans (EP... >> read more
What’s In a Name?
Retirement. The word invokes a variety of responses from people, but quite often the reactions are negative. Little wonder, since dictionaries define retire with negative sentiments such as... >> read more
Expanding Family Base Impacts Employee Outlook
Today’s “sandwich” generation is feeling the squeeze from both sides (of the bread) as they try to assist both aging parents and children. Nearly a fourth of the U.S. population “have one or two... >> read more
DOL Provides Safe Harbor Annuity Clarification
In 2008, the U.S. Department of Labor amended The Pension Protection Act of 2006 to establish Safe Harbor Rules for the selection of annuity providers for defined contribution plans. The details... >> read more
Women Lag in Retirement Readiness
Today, women may equal or outnumber men in the workforce, yet many are woefully less prepared for retirement than their counterparts. Five years ago, women accounted for 47 percent of the total U.... >> read more