Participant Memo: May 2022
Research says that 66 percent of millennials haven’t saved any money for retirement, and 66 percent haven’t started saving.
Retirement Times – May 2022
According to the College Board, the cost of a four-year education increased more than 200% (after inflation) from 1988 to 2018.
Participant Memo: April 2022
You may be eligible for a valuable incentive, which could reduce your federal income tax liability, for contributing to your company’s 401(k) or 403(b) plan.
Retirement Times – April 2022
The lawsuit, filed by former KPMG 401(k) plan participants, names the firm’s fiduciaries — including its Board of Directors and Pension Strategy and Investment Committee – as defendants.
Participant Memo: March 2022
Break personal financial planning down into small, achievable tasks, it’s a lot less daunting and can pay huge dividends to you and your family.
Retirement Times – March 2022
Comprehensive TIAA survey of financial wellness plan participant perceptions may be helpful to create a wellness plan for their employees.
Participant Memo: February 2022
As you get closer to your retirement date you may start to wonder about your eligibility for certain withdrawals and programs you are entitled to.
Retirement Times – February 2022
Most companies and organizations’ human resources departments and C-suites are seeking efficiencies and risk mitigation for their entities.
Retirement Times – January 2022
A recent IRS Issue Snapshot (link below) affirms that a participant loan is a legally enforceable agreement and terms of the loan agreement must comply with Internal Revenue Code (IRC Section 72(p)(2) and Treasury Regulation Section 1.72(p)-1).
Participant Memo: January 2022
Your employer’s retirement plan is a defined contribution plan designed to help you finance your retirement. Federal and sometimes state taxes on your contributions and investment earnings are deferred until you receive a distribution from the plan (typically at retirement).