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Fiduciary – The New “F” Word (September 2017)

There has been a large amount of upheaval in the retirement world as of late and it centers around the "F" word. And by "f" word, I mean "fiduciary." The New Fiduciary Rule means that many professionals in the finance world that weren't previously considered fiduciaries will now have to take on that title. So, why is that such a bad thing? Well, it's not per se, but the implications of how this may change the way the retirement financial business and its institutions function may have many cursing its name for a myriad of reasons. But before we get too bent out of shape, let's break it down and see what we're truly looking at.

2018-02-01T15:13:33-05:00September 19th, 2017|Categories: Newsletters/Bulletins|Tags: , , , , , , , , , |Comments Off on Fiduciary – The New “F” Word (September 2017)

Timing is Everything ( February, 2015)

For years now, we have been hearing from the Department of Labor (DOL) about the importance of depositing employee 401(k) deferrals and loan payments as quickly as possible. While that continues to be the case, it seems that there is not nearly as much commentary about when to deposit company matching or profit sharing contributions. That is about to change with this article.

2017-03-23T21:51:55-05:00February 26th, 2015|Categories: Newsletters/Bulletins|Tags: , , , |Comments Off on Timing is Everything ( February, 2015)

Year-End Compliance Testing Overview (December, 2014)

The end of the calendar year is fast approaching which means the plan year end for many qualified plans. It will be time for plan sponsors to collect complete employee data to enable their service providers to perform the numerous compliance tests required to retain the plans tax qualified status.

2017-03-23T21:51:55-05:00December 26th, 2014|Categories: Newsletters/Bulletins|Tags: , , , , |Comments Off on Year-End Compliance Testing Overview (December, 2014)
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