Updating Your 401k Retirement Plan Committee’s Responsibilities
The Department of Labor has expanded committee duties to improve cybersecurity safety.
Employer 401k Cybersecurity Responsibilities
Protection of 401k plan participant balances against theft has become a major concern for all employer plan sponsors. What do plan sponsors need to do to meet 401k cybersecurity challenges? Read on to find out.
401k Plan Sponsors Should Consider Socially Responsible Investing Factors When Evaluating Funds
A recent survey found that 77% of millennials said socially responsible investing (SRI) factors — environmental, social and governance (ESG) — were the most important item they consider when making an investment decision.
Plan Sponsors Take Note: Age Of Index Investing Has Passed
Guess what, the best performing U.S. stock mutual funds in 2020 were actively managed. As employers consider what they should stress this year in their employee education sessions, they may wish to keep this trend in mind.
6 Reasons Why The Stock Market Is So High And 6 Reasons Why It May Crash
It is puzzling to many why U.S. equity markets continue to set record highs. Following are some thoughts on why this is happening.
Which Fiduciary Should Retirement Plan Sponsors Hire: 3(21) or 3(38)?
Do you know the difference between 3(21) vs. 3(38) ERISA fiduciaries – and which is the right one to hire? Outlined below are the differences and my thoughts on which version of fiduciary adviser each type of plan sponsor should hire.
9 Changes Biden Should Consider To Improve 401k Plans
Among the finance-related proposals emerging in the presidential campaign, candidate Joe Biden has suggested various changes to America’s 401k retirement programs. He may wish to evaluate the 401k improvements listed below that I am suggesting based on my more than 30 years of working with hundreds of 401k plans.
How To Protect Your Employees From 401k Fraud
Outlined in this post are two examples of 401k fraud litigation, followed by steps plan sponsors and employees can take to protect against 401k fraud.
401k Plans Still Make Sense, No Matter What You Have Read
Are 401k plans still an efficient way to save for retirement? Yes, I believe they are more relevant than ever. Here’s why.
Five 401k Updates You Should Make To Your Plan For COVID-19
The world has changed as a result of COVID-19, and many things will never be the same. Your 401k plan needs to evolve to better fit the new relationship you have with your employees. Following are five 401k updates you should consider making to your plan in response to COVID-19.