Showing entries with the topic “Plan Design”.
19
Nov 2018A Plan Sponsor’s Wellness Mission Spurs Retirement Plan Changes
Learn how Oklahoma State University identified the need for change through a wellness mission on its campus
Read more19
Nov 2018Minimum Distribution Problems—Why Most Retirement Plans Have Them and What Can Be Done About It
The minimum distribution requirements of Internal Revenue Code Section 401(a)(9) generally require that retirement plan participants withdraw at least a small portion of their account balances by April 1st of the year in which they turn 70½ or retire.
Read more12
Nov 2018Compliance Alert: The New Hardship Regulations are Here!
As you may be aware from our prior Top of Mind blog entry, the Bipartisan Budget Act of 2018 (more commonly known as the tax reform bill) changed a number of hardship distribution provisions, effective 1/1/2019, that would be applicable to all plans that permit distributions on account of hardship.
Read more24
Oct 2018Case Study: Glens Falls Hospital
For many years, Glens Falls Hospital, a not-for- profit community hospital located in Glens Falls, New York, has been a diligent fiduciary steward of their retirement program, all with a keen eye on the overall goals of their plan.
Read more23
Oct 2018Retirement Plan Auto-Portability
Retirement plan auto-portability has been popular in retirement media lately, due in large part to the firm that has pioneered the concept, Retirement Clearinghouse (RCH). But what exactly is auto-portability and does its effectiveness live up to the hype?
Read more22
Aug 2018Collective Investment Trusts (CITs): An Investment Perspective
On the surface, Collective Investment Trusts (CITs) and mutual funds appear to be very similar in that they are both pooled buckets of investments. However, CITs can provide some cost and operational efficiencies not found in mutual funds.
Read more22
Aug 2018Case Study: College Streamlines and Simplifies Retirement Plan Offering
With a finger on the pulse of their retirement plan participants, Saint Anselm College in Manchester, New Hampshire, realized the need to streamline their $80.5M* retirement plan to help participants focus on the important aspects of retirement readiness.
Read more25
Jun 2018Socially Responsible Investing: What Retirement Plan Sponsors Need to Know
Interest in environmental, social and governance (ESG) investing has soared, however, the way in which retirement plan sponsors approach ESG-focused investment strategies can be a point of confusion. We explore the latest DOL guidance and the key issues of which plan sponsors need to be aware.
Read more25
Jun 2018Distribution Confusion: The Difference Between Plan Types
Plan sponsor confusion over amending retirement plan distribution restrictions appears to be growing, particularly because some are finding that they are unable to amend their plan in the desired fashion due to IRS code restrictions on distributions. The confusion may reflect a lack of understanding…
Read more18
May 2018Multiple Employer Plans (MEPs): Important Considerations
MEPs have been in the news lately, particularly as plan sponsors seek to protect themselves from litigation related to fees and fund offerings by joining forces with other employers to achieve economies of scale. What must employers consider before joining an MEP?
Read more