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.
Are 401k plans still an efficient way to save for retirement? Yes, I believe they are more relevant than ever. Here’s why.
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.
If you offer a high-deductible health plan (HDHP) to your employees, all of your executives should max out their contributions to their health savings accounts (HSAs) every year. Read on to learn why this is becoming one of the most important executive benefits.
After working with hundreds of 401k plans for more than 30 years, I have consistently encountered a relatively small number of 401k fixes that can make a big difference in almost every 401k plan. None will cost you much money and some may even save you money. Check out this list to see how many of these 401k fixes you can implement in your plan.
Many investors believe that gold can be an effective hedge against inflation and falling stock and bond markets. Should you add a gold fund to your 401k plan? It’s not an easy decision, but here are issues to consider.
The recent CARES Act made it easier for 401k plan participants to withdraw money from their accounts. In order to allow what are being called COVID-19 withdrawals from your 401k plan, you would need to amend it. However, I don’t believe you should adopt provisions allowing your 401k plan to permit COVID-19 withdrawals.