Pension, Retirement and Markets: 5 Key Trends to Watch in 2020 highlights five trends in the capital markets and retirement industry which are expected to impact pension sponsors and retirees this year. U.S. Equity Market What are some cautionary signs in 2020 after the 2019…
Join us as we kick off the 2021 PENTalkTM series with our 5th annual Pensions, Retirement and Markets installment: 5 Key Trends to Watch in 2021. We’ll share insights highlighting five trends in the capital markets and retirement industry which are expected to impact pension…
Have you or your employees ever wondered about the most efficient ways of drawing down your retirement assets? Are you offering a plan with enough flexibility to meet the needs of your diverse employee group? With so many different puzzle pieces, it’s no wonder so…
…presumably “key” employees, while younger, and/or lower paid employees receive a lower percentage of the total employer contribution to the plan. New Comparability plans are typically designed to benefit owners and key employees over rank and file employees, and can be used if the employer…
…for employees. Self-employed individuals, partners and owners of S corporations are not employees. For an owner to participate the sponsoring employer must be a C Corporation. MUST EVERY EMPLOYEE BE INCLUDED IN THE PLAN? Non-discrimination rules do apply. 70% of all full time employees must…
…There? Matching and profit sharing contributions represent the primary two types of contributions that are seen in 401(k) plans. A matching contribution can be based on a specific amount of employee contribution (a 50% match on the first 6% of an employee’s contribution, for example)….
…plan year. The notice must describe your plan’s safe harbor provisions and the employees’ rights and obligations under the plan. For employees who become eligible to join the plan after the start of the year, notice must be provided not more than 90 days before…
…supersede. When it comes to employee benefits, however, you can help separate yourself from the crowd. For our purposes, let’s divide benefits into “tangible” and “intangible.” Tangible benefits can include – but are not limited to — retirement savings options, both employee– and company-contributed. This…
…so at a savings rate of 6 percent of pay or higher. Provide easy-to-use tools for employees. Again according to Alight, companies are increasingly adding personalized help tools or products and services to help employees who may want to go beyond auto-enroll. 61 percent of…
“Highlighting five trends in the capital markets and retirement industry which are expected to impact pension sponsors and retirees this year. Tax Reform Interest Rates PBGC Premiums The DOL Fiduciary Rule Exchange traded funds (ETFs) “…
…tend towards a hands-off approach when it comes to “getting too personal” with employees. Also, their older employees tend to already “get it” when it comes to retirement savings. But, again, those companies are doing themselves a disservice, as those older employees retire and the…
…employees. In addition, other advantages include: Simplicity. Benefits are structured in a way that is easily communicated to employees. Employees are better able to appreciate the value of the plan since benefits are communicated in the form of a lump sum account balance, including…