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Publisher: PLANSPONSOR
Author: No AuthorExpect More Difficulty Obtaining Fiduciary Insurance
How can employers make a good impression on insurers to receive effective fiduciary insurance?How can employers make a good impression on insurers to receive effective fiduciary insurance?How can employers make a good impression on insurers to receive effective fiduciary insurance?Tags: fiduciary responsibility, fiduciary insurance
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Publisher: Groom Law Group
Author: No AuthorForm 5500 DOL Investigations
Plan sponsors, pay attention to what you are reporting on Form 5500 to help minimize your odds of a DOL investigation. More info herePlan sponsors, pay attention to what you are reporting on Form 5500 to help minimize your odds of a DOL investigation. More info herePlan sponsors, pay attention to what you are reporting on Form 5500 to help minimize your odds of a DOL investigation. More info hereTags: best practices, 5500 form, department of labor
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Publisher: 401K Specialist
Author: No AuthorUniversity Programs in Fiduciary Studies Announced
The fiduciary responsibility has made its way into a university curriculum. Introducing the first fiduciary university program.ÂThe fiduciary responsibility has made its way into a university curriculum. Introducing the first fiduciary university program.ÂThe fiduciary responsibility has made its way into a university curriculum. Introducing the first fiduciary university program.ÂTags: fiduciary responsibility, fiduciary, continued education
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Publisher: PlanSponsor
Author: No AuthorIRS Announces 2022 Retirement Plan Contribution and Benefit Limits
IRS Announces 2022 Contribution Limits! Employees can defer up to $20,500 to their 401(k) plan. Most defined contribution plan participants can defer up to $20,500 to plans in 2022.IRS Announces 2022 Contribution Limits! Employees can defer up to $20,500 to their 401(k) plan. Most defined contribution plan participants can defer up to $20,500 to plans in 2022.IRS Announces 2022 Contribution Limits! Employees can defer up to $20,500 to their 401(k) plan. Most defined contribution plan participants can defer up to $20,500 to plans in 2022.Tags: irs, contribution limits
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Publisher: PLANSPONSOR
Author: Rebecca MooreHSA Holders Spending More Than Saving
49% of employees say they mainly use HSAs as a short-term health savings tool - but employers can use plan design elements to help them get the most from their HSA in retirement.49% of employees say they mainly use HSAs as a short-term health savings tool - but employers can use plan design elements to help them get the most from their HSA in retirement.49% of employees say they mainly use HSAs as a short-term health savings tool - but employers can use plan design elements to help them get the most from their HSA in retirement.Tags: retirement savings, hsa
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Publisher: PLANSPONSOR
Author: No AuthorGetting Retirement Plan Help From the IRS
The IRS is here to help plan sponsors with plan direction and assistance with administration duties.The IRS is here to help plan sponsors with plan direction and assistance with administration duties.The IRS is here to help plan sponsors with plan direction and assistance with administration duties.Tags: irs, plan administration, determination letters
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Publisher: BenefitsPRO
Author: No AuthorLifestyle changes during pandemic helped millennials boost savings
58% of younger generations are thinking about their finances more, including building emergency funds, paying off debt and being on track to retire.  As a result of these paused expenses and savings, younger generations are more focused on their f...58% of younger generations are thinking about their finances more, including building emergency funds, paying off debt and being on track to retire.  As a result of these paused expenses and savings, younger generations are more focused on their f...58% of younger generations are thinking about their finances more, including building emergency funds, paying off debt and being on track to retire.  As a result of these paused expenses and savings, younger generations are more focused on their f...Tags: participant behavior, covid response
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Publisher: Employee Benefit News
Author: No AuthorEmployers want their retirees to return to the workforce
20% of retirees say past employers have asked them to return because of the labor shortage. What can employers do to attract and retain all generations while hiring? In the wake of a nationwide labor shortage, companies have been forced to turn to ...20% of retirees say past employers have asked them to return because of the labor shortage. What can employers do to attract and retain all generations while hiring? In the wake of a nationwide labor shortage, companies have been forced to turn to ...20% of retirees say past employers have asked them to return because of the labor shortage. What can employers do to attract and retain all generations while hiring? In the wake of a nationwide labor shortage, companies have been forced to turn to ...Tags: additional benefit, recruiting and retention
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Publisher: PLANSPONSOR
Author: No AuthorEmployers Should Stress the ‘Savings’ in HSA Education
How employers can maximize HSAs to help employees achieve both financial and retirement security.How employers can maximize HSAs to help employees achieve both financial and retirement security.How employers can maximize HSAs to help employees achieve both financial and retirement security.Tags:
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Publisher: JD Supra
Author: No AuthorDay of the Dead…lines: Updating Your Plan’s Safe Harbor Notice
If you have a safe harbor 401(k), it's time to start revising last year's notices and preparing next year's. More considerations >>If you have a safe harbor 401(k), it's time to start revising last year's notices and preparing next year's. More considerations >>If you have a safe harbor 401(k), it's time to start revising last year's notices and preparing next year's. More considerations >>Tags:
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Publisher: PlanSponsor
Author: No AuthorDeemed Distributions Can Be Triggered by More Than Just Loan Nonpayment
Your retirement plan may provide a small window for employees to catch up on missed loan payments, plus more. Learn about loan specifications hereYour retirement plan may provide a small window for employees to catch up on missed loan payments, plus more. Learn about loan specifications hereYour retirement plan may provide a small window for employees to catch up on missed loan payments, plus more. Learn about loan specifications hereTags: participant behavior, loans, irs, distributions
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Publisher: Employee Benefit News
Author: No AuthorAsk an Adviser: How can I best help plan participants who are about to retire?
Participants nearing retirement want help with account consolidation, financial wellness and customized guidance from their plan sponsor.Participants nearing retirement want help with account consolidation, financial wellness and customized guidance from their plan sponsor.Participants nearing retirement want help with account consolidation, financial wellness and customized guidance from their plan sponsor.Tags: participant outcomes, financial wellness, retirement readiness
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Publisher: SHRM
Author: Stephen Miller, CEBSMinority Wealth Gap Isn't Just About Income
As a fiduciary and employer, how can you foster a sense of belonging among all employees as they save for retirement? #Diversity #Equity #InclusionAs a fiduciary and employer, how can you foster a sense of belonging among all employees as they save for retirement? #Diversity #Equity #InclusionAs a fiduciary and employer, how can you foster a sense of belonging among all employees as they save for retirement? #Diversity #Equity #InclusionTags: financial wellness, diversity, inclusion
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Publisher: 401kTV
Author: No AuthorRetirement Income Solutions Improve Recruiting and Retention
70% of people said they would choose a job that offered retirement income solutions over one that did not. More competitive advantages here70% of people said they would choose a job that offered retirement income solutions over one that did not. More competitive advantages here70% of people said they would choose a job that offered retirement income solutions over one that did not. More competitive advantages hereTags: employee benefit, guaranteed income
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Publisher: PLANSPONSOR
Author: No Author2021 HSA Review: Understanding and Communicating About HSAs
Understanding how health savings accounts work is key to being able to communicate about them to employees and avoid misconceptions. Increase your employees' knowledge about the different savings vehicles they can utilize, like Health Savings Accoun...Understanding how health savings accounts work is key to being able to communicate about them to employees and avoid misconceptions. Increase your employees' knowledge about the different savings vehicles they can utilize, like Health Savings Accoun...Understanding how health savings accounts work is key to being able to communicate about them to employees and avoid misconceptions. Increase your employees' knowledge about the different savings vehicles they can utilize, like Health Savings Accoun...Tags: participant communication, hsa
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Publisher: PLANSPONSOR
Author: No AuthorNew Financial Audit Rule Increases Requirements for Plan Sponsors
Ask your advisor about the new financial audit rule and its implications for plan sponsors.Ask your advisor about the new financial audit rule and its implications for plan sponsors.Ask your advisor about the new financial audit rule and its implications for plan sponsors.Tags: best practices, plan audit
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Publisher: InvestmentNews
Author: No AuthorLabor Department issues ESG rule proposal for 401(k)s
A new DOL proposal for ESGs is on the table. Here is everything you need to know.A new DOL proposal for ESGs is on the table. Here is everything you need to know.A new DOL proposal for ESGs is on the table. Here is everything you need to know.Tags: esg
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Publisher: 401K Specialist
Author: No AuthorPlan Sponsors Want Guaranteed Lifetime Income Options: Allianz Data
84% of plan sponsors believe an investment option in a retirement plan that can provide guaranteed #lifetimeincome once the participant retires is valuable and can increase financial security in retirement.84% of plan sponsors believe an investment option in a retirement plan that can provide guaranteed #lifetimeincome once the participant retires is valuable and can increase financial security in retirement.84% of plan sponsors believe an investment option in a retirement plan that can provide guaranteed #lifetimeincome once the participant retires is valuable and can increase financial security in retirement.Tags: guaranteed income
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Publisher: BenefitsPRO
Author: No AuthorPandemic shifts Americans' retirement timetable
The pandemic disrupted plans to retire -- in some cases by up to 10 years, a Northwestern Mutual study finds.The pandemic disrupted plans to retire -- in some cases by up to 10 years, a Northwestern Mutual study finds.The pandemic disrupted plans to retire -- in some cases by up to 10 years, a Northwestern Mutual study finds.Tags:
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Publisher: E is for ERISA
Author: No AuthorScary Surprise for Some New 401(k) Sponsors: Plan Audit Costs
. If your state is requiring employers to offer a retirement plan and you have more than 100 employees, here are some unintended consequences to be aware of.. If your state is requiring employers to offer a retirement plan and you have more than 100 employees, here are some unintended consequences to be aware of.. If your state is requiring employers to offer a retirement plan and you have more than 100 employees, here are some unintended consequences to be aware of.Tags: state run palns, erisa
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