by siteadmin | Jan 25, 2016 | Retirement, Retirement Plan Advice, Retirement Plan News
The protracted low-interest rate environment is taking its toll on defined contribution plan participants, particularly conservative investors approaching retirement age, said Zac Burns, CFA, Vice President of Investments at Pension Corporation of America and Chairman...
by siteadmin | Jan 18, 2016 | 401k Insight, equity funds, plan administration, Retirement, Retirement Plan Advice, Retirement Plan News
At the end of 2011, 61 percent of 401(k) assets were invested in equities through equity funds, the equity portion of balanced funds, and company stock, down slightly from 62 percent the prior year, the Employee Benefit Research Institute (EBRI) and the Investment...
by siteadmin | Jan 11, 2016 | plan administration, Retirement Plan Advice, Retirement Plan News
The improper exclusion of an eligible employee is a common error that retirement plans commit. This can happen for any number of reasons. In some cases, plan administrators make a mistake when applying the plan’s eligibility requirements or the plan’s...
by siteadmin | Jan 4, 2016 | 401k Insight, Retirement, Retirement Plan News, roth
The American Taxpayer Relief Act of 2012, aka the Fiscal Cliff Legislation, contained a provision that allows retirement plan participants to convert their pre-tax funds in a 401(k), 403(b), or government 457 plan into an In-Plan Roth 401(k) account. Prior to the...
by siteadmin | Dec 28, 2015 | Retirement Plan News
The Department of Labor (DOL) is expected to announce in mid-March whether it will start requiring ERISA-governed defined contribution plans to provide participants with retirement income projections. “As part of this initiative, the department will explore...
by siteadmin | Nov 27, 2015 | 401k Insight, Alliance Benefit Group, plan administration, Retirement, Retirement Plan News
In order for a retirement plan to maintain its tax-exempt status, every six years the IRS requires retirement plan documents to be updated, then resubmitted for review and approval. This “plan restatement” process ensures that any changes in the laws and...
