What Employers Should Know About Unemployment Tax
As an employer, it’s important to familiarize yourself with Form 940. This form is used to report Federal Unemployment Tax […]
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Spending Behavior May Be Key to Retirement Savings: Key Observations
A recent study sheds light on why savings alone may not provide the full financial picture when it comes to retirement savings rates among 401(k) participants with similar incomes. The implications of the research findings for plan sponsors will be explored here in the second article of our two-part series.
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Spending Behavior May Be Key to Retirement Savings: Research Results
Why do participants with similar incomes have different retirement savings rates? A recent study sheds light on why savings alone may not provide the full financial picture.
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What Your 401(k) Could Look Like in the Future: DC 3.0
What’s next for retirement plans? Future plan characteristics are likely to include plan consolidation, hyper-customization, and retirement income solutions.
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SECURE Act: Implications for Plan Sponsors in 2020
The SECURE Act is the first comprehensive legislation effecting retirement plans in over a decade. Plan sponsors should start assessing the consequences of the Act now, especially as many provisions are effective in 2020.
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How the CARES Act Impacts 401(k) Plans
Plan sponsors should be aware of three provisions that impact 401(k) plans, following the recent passage of the $2 trillion coronavirus-relief legislation.
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Are Your Target Date Funds Putting You at Risk?
Should plan sponsors have concerns about offering TDFs in the plan investment menu despite their popularity? The short answer is “yes.” TDFs can increase a plan sponsor’s fiduciary liability.
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401(k) Hardship Withdrawals Become Easier
The IRS issued a final rule in September 2019 that not only makes it easier for participants to take a hardship withdrawal, but eases the plan sponsor requirements.
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Year-End Tax Planning Moves in 2019
We have compiled a list of action items for individuals and businesses that may help you save tax dollars.
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Will 2019 Be the Year That Major Retirement Plan Legislation Finally Gets Passed?
Two proposed bills could bring new opportunities for plan sponsors and participants. Key objectives of the bills include increasing coverage and savings, reducing the cost and administrative burden for plan sponsors, and facilitating lifetime income options.
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