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WEBPLANADVISER is the trusted information and solutions resource for America's retirement benefits decision makers. With its powerful array of customer-driven marketing programs, PLANADVISER offers industry providers an unparalleled ability …
DiMeo Schneider to Rebrand as Fiducient Advisors - PLANADVISER
WEBMar 29, 2021 · About one year after combining with Fiduciary Investment Advisors (FIA), DiMeo Schneider & Associates has announced a new name: Fiducient Advisors. The leadership and ownership structure of the firm, which advises on more than $225 billion in client assets across endowments and foundations, retirement plans, …
PAi Enhances Small Market 401(k) Plan Solution
WEBJun 15, 2020 · PLANADVISER Staff. ShareBuilder 401k, a provider of low-cost digital retirement plans, is aiming to help more businesses and their employees save for the future in a 401 (k) by offering free setup on all new plans. From now until July 3, companies with employees can save $495 to $995 in setup costs by starting a 401 (k) plan.
Why More Advisers Are Assuming 3(38) Role, Responsibility
WEBMay 1, 2023 · In addition, in a 3 (38) role, advisers can streamline the process and make changes more quickly, says Jim Sampson, director of retirement advisory services at Hilb Group Retirement Services. As a result, employees are invested in underperforming funds for less time. Another advantage of the 3 (38) scope is that the firm accepts the full ...
Mississippi Is Latest State to Embrace NAIC Annuity Sales Rules
WEBNov 23, 2021 · Fast-forward to this month, and Mississippi has just become the 18th state to adopt the enhanced protections for annuity consumers, which closely align with the Securities and Exchange Commission (SEC)’s Regulation Best Interest (Reg BI). With the move, Mississippi joins a growing list of states that have done the …
Four Things to Know About Changes to Employer Contributions
WEBAug 7, 2020 · With all this in mind, the following are four important items to consider regarding changes to plans and contributions. Understand the Safe Harbor Contribution Rules. There are serious consequences for failing to make a safe harbor contribution or a promised matching contribution. In addition to jeopardizing the plan’s tax qualification, a ...
Will ETFs Ever Break Into the Retirement Plan Space?
WEBJan 31, 2022 · Still, according to Johnson, there are two issues with ETF use in DC plans that will persist. “The first, more fundamental issue is that many of the benefits of ETFs go away when used in the confines of a tax-deferred retirement account,” he says. “A reason ETFs appeal to many individual investors and financial advisers is they tend to be ...
Vanguard Targets ‘Max Savers’ With New Financial Wellness Tool
WEBFeb 5, 2024 · Vanguard’s tool recommends a “tax-advantaged savings hierarchy” with up to five steps participants can follow to become a “max saver.”. These steps include: Meet your employer’s retirement match; Contribute the maximum amount to a health savings account (if you are eligible to do so); Max out 401 (k) pre-tax or Roth contributions;
AICPA Offers Best Practices for Benefits Record Retention
WEBMay 16, 2019 · Best practices for plan record retention the Employee Benefit Plan Audit Quality Center suggests includes: Establishing a written record retention policy governing how the organization periodically reviews, updates, preserves, and discards documents related to plan administration—It should be approved by …
SECURE Act Update: Revisions to Model Rollover Notices
WEBFeb 7, 2020 · The revised document has not been approved by the IRS, but has been sent to regulators as part of the SPARK Institute’s ongoing efforts to provide input as the Department of the Treasury, IRS and the Department of Labor (DOL) develop regulations and guidance under the SECURE Act. The revised model rollover notice stretches to …