Top of Mind


15

Mar 2018

Items that Should be Banned from Employee Communications

Indulge me for a moment (because frankly, I could use a moment of escape, since as I write this, the power at my residence has been out for nearly six days!).  Let’s imagine that I am the “King of Employee Communications.”  As such, I therefore decree throughout the land that from now and …

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08

Mar 2018

“Hell’s Kitchen” Plan Document Mistakes

My latest binge-watch is Hell's Kitchen, a reality show in which super-chef hopefuls are put through a cooking boot camp of sorts, with well-know chef (and yeller) Gordon Ramsay as their drill instructor.  And yes, I am fully aware that retirement plan expertise does not necessarily translate i…

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01

Mar 2018

Retirement and “Doing What You Want to Do”

Two weeks ago, I profiled a rather brilliant article by Physician on FIRE, a popular blogger in the FIRE (Financial Independence Retire Early) movement.  As you may recall, he examined the reasons why some physicians continue to work after they have achieved financial independence and could com…

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22

Feb 2018

Budget Bill Retirement Plan Provisions Mailbag

After releasing last week’s Compliance Alert on the retirement plan-related provisions included in the recently enacted budget bill, I received a number of questions from people whom, I suspect, were taken aback that there were even retirement plan changes to address, since tax reform came and …

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15

Feb 2018

Why Some People Don’t Retire (Even if They Can Afford to Do So)

Physician on FIRE, a popular blogger in the FIRE (Financial Independence Retire Early) movement, wrote an article recently that caught my attention.  In the piece, he examined the reasons why physicians continue to work after the age at which they could retire comfortably.  While the artic…

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08

Feb 2018

Don’t Make These “Rookie Mistakes” When Calculating Service!

Calculating years of service in a retirement plan can be a difficult proposition, not only because the rules are tricky, but also because plan sponsors have options under the rules; therefore, what may be true for one plan is false for another.  While I will save a review of all the rules for a…

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01

Feb 2018

Benchmarking: It Isn’t Just for Fees Anymore

When I first started at Cammack Retirement more than 25 years ago, benchmarking in retirement plans primarily consisted of little more than measuring the performance of plan investments against indexes and peers.  More recently, and as a result of the DOL’s emphasis, benchmarking of fees versus…

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25

Jan 2018

Tax Reform and A Retirement Plan Surprise

As previously discussed, the Tax Cuts and Jobs Act passed at year end contained relatively few retirement plan-related provisions.  However, upon closer review of the more than 1,000-page bill, some of the provisions were found to indirectly affect retirement.   One such exampl…

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18

Jan 2018

Retirement Plan Sponsor Websites

Given that it is part of my job, I have probably looked at more plan sponsor retirement plan websites than most people on the planet.  And, while I have found many wonderful links and resources on these websites, I have also seen many issues that plan sponsors would likely wish to correct. &nbs…

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11

Jan 2018

What Was NOT Passed As Part of the Tax Reform Legislation

The Tax Cuts and Jobs Act that was passed at year-end contained relatively few retirement plan-related provisions. However, likely due to the many retirement-related provisions that were discussed and/or included in the underlying Senate and House bills, rumors persist that the legislation dramatica…

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