How to prudently manage retirement plan operations as a fiduciary
Being a retirement plan fiduciary is serious business, but it doesn’t have to be overwhelming.
Why save in your 401(k)?
Although the term 401(k) plan can be a bit of a mystery, as your company’s retirement plan, it’s one of the best ways to build your financial future. Are you on the fence about whether 401(k) saving is right for you? Here are seven good reasons to get started today.
How can Millennials achieve financial wellness?
As we’ve learned in our annual Financial Stress Survey, far more Millennials report feeling financially stressed than do Baby Boomers
Gen X needs help with financial wellness on the way to retirement
Generation X is under more financial stress than their younger and older co-workers, and they are further behind in saving for retirement.
What is a 401(k)?
One of the most powerful ways for individuals to save for retirement and prepare for a financially confident future is through periodic investment plans offered at work.
How a managed account can make saving for retirement less scary
Deciding how to invest retirement savings can be challenging and intimidating.
Brief guide to the basic duties of a retirement plan fiduciary
Offering a retirement plan comes with a good deal of responsibility—personal responsibility—that plan sponsors and advisors must follow to avoid lawsuits or regulatory sanctions.
Managing a 401(k) through a market downturn
Investing for a long-term goal like retirement takes planning, patience, and discipline.
Promoting your 401(k) practice: the annual compliance calendar
What’s the best way for 401(k) plan advisors to promote their value to clients and prospects?
Designing a 401(k) plan: deciding who’s eligible
Employer-sponsored retirement plans play a significant role attracting and retaining employees, with 401(k) plans leading the pack.
Leverage wealth management relationships to help expand your business
Demonstrating your value is one of the key factors in winning new 401(k) plan business.
20% Deduction for Pass-Throughs
If your clients include small businesses, it’s important to know how the Tax Act’s treatment of “pass-through income” could affect the attractiveness of a 401(k) or other qualified plan.
Are we there yet?
Before every major milestone or change in life, the question "am I ready?" consistently appears.
BLT with extra stress on the side
The term Sandwich Generation gets thrown around is if it were a new concept.
It’s ‘Back to the Future’ for the DOL’s Fiduciary Definition
Thanks to the Fifth Circuit Court’s decision to vacate the DOL’s fiduciary advice rule, we’ll soon return to a very familiar standard for determining fiduciary status. Can you remember all five components?
The Tax Act’s Inadvertent Impact on 401(k) Hardship Withdrawals
A change to the Internal Revenue Code under the Tax Cuts and Jobs Act may make it more difficult for participants with serious financial needs to receive a hardship withdrawal. Here are specifics and an example.
Government Docs Suggest “Good Faith” Paths to Finding Lost Participants
Would your clients’ processes for tracking down lost participants pass muster with the DOL and IRS? Here are two inscrutable sources to help make sure they do.
10 Ways the Budget Act Benefits Retirement Plan Participants
Here’s a two-minute review of some of the more notable retirement plan provisions brought in by the Bipartisan Budget Act of 2018. Are your plans equipped to handle them all?
The value of advice
Our research found that people who work with a financial advisor have less financial stress, are better prepared for retirement, and are better equipped to manage financial stresses along the journey to retirement.
Are Millennials being held back by financial stress?
Millennials are changing the world – everything from how we listen to music to how we hitch a ride. But they’re also under considerable financial stress. How can they overcome that stress so they can reach their full potential?
Four Takeaways for Retirement Plans from the Tax Cuts and Jobs Act
The debate’s ended and the tax law is in the books. The good news is that little has changed. But here are a few items worth noting—and a little editorializing on whether new business-income tax rules really do pose a threat to defined contribution plans.
The Financial Wellness Imperative
Open any business publication and you’ll find articles on financial wellness. Ever wonder why employee financial wellness is an employer issue?
How efficient are you as a financial advisor?
Efficiency is key for advisors who want to grow a profitable business. You also understand the need to deliver meaningful touches to your plans and be visible to clients.
4 simple steps to showcase your value and improve client retention
Reviews are an important component for advisors to showcase value and retain clients. However, they can be extremely time consuming and a hindrance to prospecting for new business. Learn how to streamline client reviews to both retain business and turn this everyday task into an opportunity to grow your business.
Why it’s important to adopt a strategic approach to building client service plans
Employing a strategic approach to servicing your plans can help you manage your time more efficiently and allow you to focus on increasing your business. However, getting started isn’t always easy. Here are three easy steps that can help you do just that.