The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 enables two or more businesses to form a pooled employer plan (PEP) regardless of whether they’re related by… Read More
Insights
Behavioral Finance and Plan Design: Four Ways to Boost Participation
Though many employees are aware that behaviors such as enrolling in and contributing sufficiently to their company 401(k) can help them prepare for a successful retirement, too often they fail… Read More
Retirement & Lifestyle Planning Article
Parental help: empowering or enabling?
When a parent is considering giving or lending a child money, the key question is whether it’s empowering or enabling. You need to structure a transfer that is best for… Read More
Retirement & Lifestyle Planning Article
The Fed Gears Up for Shock and Awe
Since the beginning of the year, the markets have been rattled by persistently high inflation and the question of how the Federal Reserve might respond. Unlike the rate-hike cycle of… Read More
Employee Health and Welfare Article
Millennials – The Time to Start Saving is Now!
Typically, younger people don’t make retirement savings a priority. Living expenses, student debt, rent or house payments, and other day-to-day expenses mean that retirement savings take a back seat. In… Read More
Fee Litigation with an Odd “Twist”
A recent class action lawsuit highlights an often neglected but important item of fiduciary concern. The plaintiffs in this case have asserted claims for breach of the fiduciary duties of… Read More
Early Withdrawals Can Lead to Tardy Retirements and Problems for Everyone: How to Help
Albert Einstein may not be remembered as a finance expert, but he seems to have had a bead on the power of smart investing. When asked what mankind’s greatest invention… Read More
Why Retirement Plan Sponsors Should Care About Employee Student Loan Debt
According to the College Board, the cost of a four-year education increased more than 200% (after inflation) from 1988 to 2018. This has placed a tremendous burden on graduates, with… Read More
Retirement & Lifestyle Planning Article
Downshifting: Working Longer and Loving It
Working full-time and then abruptly stopping work at age 65 is no longer the only possibility for retirement. “Downshifting” allows for a more gradual process, benefiting employers and employees. I… Read More