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Showing our Corporate Retirement Insights article library.

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16

Jan 2020

The SECURE Act Facts: What You Need to Know Now

To the surprise of many, significant retirement plan legislation, known as the SECURE Act, was signed into law by President Trump on December 20, 2019, thanks to its attachment to a must-pass budget appropriations bill. While comprehensive coverage of the Act will be the feature of upcoming thought …

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09

Jan 2020

The Retirement Plan Terms to Avoid

At a recent That 401(k) Conference, I had pleasure of viewing a presentation on a defined contribution plan language study from Invesco that, to be frank, floored me. Common retirement plan terms, used by me and many others, scored terribly when deployed in participant communications – with some eve…

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12

Dec 2019

Five Features that Retirement Plans Can Do Without

There are many retirement plan features (such as automatic enrollment, automatic escalation, QDIAs, and well-designed loan provisions, to name a few) that add tremendous value to both plan sponsors and participants. However, there are also numerous plan features that I find to be relatively useless,…

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05

Dec 2019

Why the Road to Zero-Revenue Sharing Can Be Bumpy

Revenue sharing refers to the practice of investment providers sharing revenue with recordkeepers in exchange for performing some of the duties that the investment provider would typically have to do. Since the concept is difficult to explain to participants and has been the focus of litigation, an …

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19

Nov 2019

How Much Does My Retirement Plan Cost?

Here’s an exercise for you: navigate to your recordkeeper’s website and see if you can determine the exact amount you are paying for your retirement plan. If you’re a plan fiduciary or someone who works with retirement plan benefits, you already know this cost, but play along anyway - you may be sur…

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14

Nov 2019

Top of Mind Mailbag: Emergency Savings Accounts

In response to last week’s Top of Mind post on the merits of Automated Emergency Savings Funds, a reader shared a decidedly different viewpoint, which is worth sharing with our readers. He noted that, in general, those who are unprepared for an emergency are also less likely to be saving enough for …

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31

Oct 2019

The New DOL e-Disclosure Regs

On October 22, 2019, the Department of Labor (DOL) issued the long-anticipated proposed regulations addressing electronic disclosure of ERISA-required documents such as Summary Plan Descriptions, benefit statements, fee disclosures and blackout notices. For retirement plan sponsors, the paperwork bu…

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