401(k) Plan Sponsors need help! They need Fiduciary Guidance from their financial advisor. Plan sponsors welcome input and oversight from financial advisors, especially when it comes to investment management ...
Read More »Financial Advisors
Financial Wellness and Advice is What Employees Want
Financial Wellness and Advice seems to be exactly what employees are seeking. A majority of American workers want their employer to provide financial wellness benefits. What’s more, they have ...
Read More »403(b) Plan Participation Rates Reach Record Levels
403(b) plan participation rates increased during the Covid-19 pandemic. However, participant savings rates and employer contributions declined. Those are the headlines from the Plan Sponsor Council of America’s (PSCA) ...
Read More »Social Security COLA Refreshes Wobbly Three-Legged Stool
Social Security COLA helps retirees. This increase means beneficiaries receive a 5.9% boost in monthly checks starting in 2022. That’s the largest cost-of-living or “COLA” increase to Social Security ...
Read More »Financial Literacy Requirements Reaching More High School Students
Financial literacy can impact one’s standard of living. Three quarters of Americans live paycheck to paycheck. In a study from the Federal Reserve, nearly 40% of adults couldn’t cover ...
Read More »Emergency Savings Needed for Financial Wellness
Emergency Savings is now a headline component of Financial Wellness. In recent months, Emergency Savings has come to the forefront for the American workers. Emergency Savings is now a ...
Read More »Target Date Funds Helped Plan Participants Survive the 2020 Q1 Stock Drop
Target Date Funds appear to have helped a large number of 401(k) and 403(b) plan participants during the first quarter of 2020. Many plan participants were invested in Qualified ...
Read More »Smart Digital Design Can Enhance Participant Outcomes
Smart Digital Design can be used to improve retirement plan participation rates and participant savings rates. Enhancing a 403b or 401k plan via smart digital design improves voluntary enrollment ...
Read More »Fiduciary Responsibility Unclear When Handling Participant Data? Ask the Lawyer
Fiduciary Responsibility Unclear When Handling Participant Data? Ask the Lawyer By Carol Buckmann Fiduciary responsibility has blurred-lines around the use of participant data. Can your vendors use participant data ...
Read More »Retirement Advisor Specialists Make Knowledgeable Contributions
Retirement Advisor Specialists Make Knowledgeable Contributions Retirement Advisors come with various backgrounds and experiences. When a Plan sponsor is a niche-player – such as understanding a construction firm or ...
Read More »