In my last blog post, we talked about ways that plan sponsors can outsource fiduciary responsibilities. As interesting as it may be, not all plan sponsors fully understand what they are responsible for and liable for. The main functions 401(k) plan sponsors are responsible for include: […]
Read More
As a participant in the company’s retirement plan, you are already serious about saving for your future. Whether you are retiring in a few weeks or a few decades, you may need to protect your investment. A healthy way to do this is to rebalance your portfolio. What is Rebalancing? […]
Read More
The recent failure of Silicon Valley Bank (SVB) and Signature Bank (SB) has created waves in the financial community and what it may mean for the U.S. banking system. The Treasury, Federal Reserve, and FDIC issued a joint statement March 12, 2023 to address making depositors whole. The joint statement […]
Read More
If you are a plan sponsor of a retirement plan, I’m sure you have heard of the term “fiduciary”. If you are thinking about starting a retirement plan for your company, this is a term you should be aware of, become familiar with, and understand what it means. What is […]
Read More
As we reflect on 2022, there were several market and economic hurdles that led to a stressful year for many of us. Some things are just out of our control. As we go into 2023, let’s focus on what we can control. When it comes to employer sponsored retirement […]
Read More