Many 401k plan sponsors are considering whether ESG mutual fund investment options belong in their 401k plans. The following discussion takes a look at the factors to consider in deciding whether to add ESG funds to your plan.
Should the next change to your 401k plan be the addition of a cryptocurrency fund? A few recordkeepers have made it possible to offer a cryptocurrency fund in 401k plans. Here’s why I think adding a cryptocurrency fund is a bad idea.
The Department of Labor has expanded committee duties to improve cybersecurity safety.
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.
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.
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.
It is puzzling to many why U.S. equity markets continue to set record highs. Following are some thoughts on why this is happening.
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.
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.
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.