-
Publisher: Groom Law Group
Author: No AuthorYear-End Amendments Extended – CARES and 2020 Relief Act - Groom Law Group
Following up on the SECURE Act and other recent plan amendment extensions in Notice 2022-33, the IRS has issued Notice 2022-45 (Sept. 27, 2022) to extend the amendment deadlines for the remaining provisions of the Coronavirus Aid, Relief, and Economi...Following up on the SECURE Act and other recent plan amendment extensions in Notice 2022-33, the IRS has issued Notice 2022-45 (Sept. 27, 2022) to extend the amendment deadlines for the remaining provisions of the Coronavirus Aid, Relief, and Economi...Tags: amendments, cares act, 2022
5 1 -
Publisher: 401(k) Specialist
Author: Brian AndersonDespite Volatility, Average 401k Contribution Rates Remain Stable - 401(k) Specialist
Stay the course. #Research study shows even inspiteof volatility, deferral rates remained steady at 8.4%Stay the course. #Research study shows even inspiteof volatility, deferral rates remained steady at 8.4%Tags: inflation, participant behavior, 2022
5 1 -
Publisher: SHRM
Author: No AuthorEmployee Benefits Survey - Executive Summary
Healthcare, retirement savings and PTO emerge as the top 3 ranked benefits employers can offer.Healthcare, retirement savings and PTO emerge as the top 3 ranked benefits employers can offer.Tags: retirement savings, total benefits, employee benefit, 2022, survey
5 1 -
Publisher: SSA
Author: No AuthorThe 2022 OASDI Trustees Report
2022 Trustees Report shows as of right now, Social Security will be able to pay scheduled benefits until 2034—one year later than reported last year.2022 Trustees Report shows as of right now, Social Security will be able to pay scheduled benefits until 2034—one year later than reported last year.Tags: social security, 2022
5 1 -
Publisher: Employee Benefit News
Author: No AuthorPopular retirement funds are getting hammered as tech stocks plunge
Recent market volatility could present an opportunity for #millennial investors. #InvestingMany popular funds in workplace retirement savings plans are down more than 13% so far this year.Recent market volatility could present an opportunity for #millennial investors. #InvestingMany popular funds in workplace retirement savings plans are down more than 13% so far this year.Tags: participant behavior, market commentary, 2022
5 1 -
Publisher: PLANSPONSOR
Author: No Author401(k) Trading Slows as Investors Remain Cautious
Are investors getting worried? Trading is slowing down among 401(k) participants.Are investors getting worried? Trading is slowing down among 401(k) participants.Tags: market commentary, 2022
5 1 -
Publisher: SHRM
Author: Stephen Miller, CEBS401(k) Auto-Enrollment Proves Popular
Numbers don't lie! Plan sponsors offering automated plan features see positive effectsNumbers don't lie! Plan sponsors offering automated plan features see positive effectsTags: automatic features, legislation, employee enrollment, deferral rates, 2022
5 1 -
Publisher: The National Law Review
Author: No AuthorDOL Release Warns About Cryptocurrency in 401(K) Plans
EXECUTIVE SUMMARY The Department of Labor (DOL) recently issued a Release that warns about cryptocurrency use in 401(k) plans. The Release raises a number of concerns, including troubling implications.EXECUTIVE SUMMARY The Department of Labor (DOL) recently issued a Release that warns about cryptocurrency use in 401(k) plans. The Release raises a number of concerns, including troubling implications.Tags: department of labor, 2022, cryptocurrency
5 1 -
Publisher: 401K Specialist
Author: No AuthorBill to Create 'Starter 401ks' Introduced in Senate
“Starter-K Act of 2022” introduced in Senate this week would create streamlined “starter” defined contribution plans for small businesses.“Starter-K Act of 2022” introduced in Senate this week would create streamlined “starter” defined contribution plans for small businesses.Tags: legislation, start-up, starter 401k, 2022
5 1 -
Publisher: CNBC
Author: Carmen ReinickeHouse passes ‘Secure Act 2.0.' Here’s what that means for retirement savings
The House of Representatives has passed the Securing a Strong Retirement Act, or Secure Act 2.0. It's good news for many retirement savers.The House of Representatives has passed the Securing a Strong Retirement Act, or Secure Act 2.0. It's good news for many retirement savers.Tags: automatic features, legislation, 2022
5 1 -
Publisher: Investment Company Institute
Author: No AuthorRelease: Quarterly Retirement Market Data, Fourth Quarter 2021
Retirement assets increased by 11.6% in 2021, signifying financial confidence and increased savings rate among American workers.Retirement assets increased by 11.6% in 2021, signifying financial confidence and increased savings rate among American workers.5 1 -
Publisher: NAPA
Author: No Author2022: The Next Evolution of DC Plans Survey
Are you looking for tools to help attract and retain employees in a tight labor market? Your retirement plan could be key.Are you looking for tools to help attract and retain employees in a tight labor market? Your retirement plan could be key.5 1 -
Publisher: Congressional Research Service
Author: No AuthorUsing Retirement Account Features for Short-Term Savings
Emergency funds are a new and important part of benefit packages - how can employers use workplace retirement plans to help employees build these?Emergency funds are a new and important part of benefit packages - how can employers use workplace retirement plans to help employees build these?Tags: retirement savings, financial wellness, emergency savings, 2022
5 1 -
Publisher: Congressional Research Service
Author: No AuthorUsing Retirement Account Features for Short-term Savings
Tags: retirement savings, emergency savings, legislation, 2022
5 1 -
Publisher: Franklin Templeton
Author: No AuthorVoice of the American Worker Survey
This survey sponsored by Franklin Templeton was started with the goal of understanding the perspective of the modern American worker. 55% of employees want their employer to personalize their retirement benefits. They are also highly interested in f...This survey sponsored by Franklin Templeton was started with the goal of understanding the perspective of the modern American worker. 55% of employees want their employer to personalize their retirement benefits. They are also highly interested in f...5 1 -
Publisher: AllianceBernstein
Author: No AuthorInside the Minds of Plan Participants
6 out of 10 participants don't understand what the "date" means in a Target Date Fund. AllianceBernstein's latest study dives into employee insights about their retirement savings6 out of 10 participants don't understand what the "date" means in a Target Date Fund. AllianceBernstein's latest study dives into employee insights about their retirement savingsTags: financial wellness, participant behavior, 2022, target date investments, survey
5 1 -
Publisher: Dufek and Co
Author: No Author401(k) Audit Blog
New audit standards for filing Form 5500 from a CPA firm specializing in 401(k) audits. Discusses areas of frequent non-compliance and offers proactive suggestions.New audit standards for filing Form 5500 from a CPA firm specializing in 401(k) audits. Discusses areas of frequent non-compliance and offers proactive suggestions.5 1 -
Publisher: 401K Specialist
Author: No AuthorIRS Finally Clarifies 401k RMD Calculations in Proposed Rule
On Wednesday, the IRS released proposed regulations to implement the SECURE Act’s age increase to RMD from qualified retirement accounts. IRS provides additional clarification on 401(k) Required Minimum Distribution calculations in the proposed ru...On Wednesday, the IRS released proposed regulations to implement the SECURE Act’s age increase to RMD from qualified retirement accounts. IRS provides additional clarification on 401(k) Required Minimum Distribution calculations in the proposed ru...Tags: rmd, irs, 2022, secure act
5 1 -
Publisher: 401K Specialist
Author: No AuthorMichael Kane’s TAPO Redux: Where Are They Now?
By far, the coolest thing we experienced with Mike Kane since his appearance as our August 2018 TAPO was aboard the USS Midway.By far, the coolest thing we experienced with Mike Kane since his appearance as our August 2018 TAPO was aboard the USS Midway.Tags: 2022, plan sponsor consultants, awards and recognitions
5 1 -
Publisher: EBRI
Author: No AuthorImpact of Five Legislative Proposals and Industry Innovations on Retirement Income Adequacy
Recent legislation and findings impacting Retirement Income AdequacyRecent legislation and findings impacting Retirement Income AdequacyTags: legislation, retirement income, 2022
5 1