Improper Handling of Hardship Distributions May Result in Significant Problems

These days, many plans are experiencing an uptick in the number of participant requests for hardship distributions. Much of this increased activity may be attributed to our prolonged and tepid economic recovery. As these requests are considered, you want to be sure not to act to the detriment of your plan. Improper handling of hardship … More Improper Handling of Hardship Distributions May Result in Significant Problems

Recruit, Retain, Reward

Recruiting, retaining and rewarding key employees are not just goals of the largest companies in America—they are important to all companies. That’s why, in today’s environment, no plan sponsor can have a truly meaningful conversation about its total rewards package and retirement plan’s design without discussing non-qualified deferred compensation plans (NQDCPs). What is an NQDCP? … More Recruit, Retain, Reward

No Beneficiary Designation. Who Gets The Money?

According to a recent Wall Street Journal article, retirement plans and IRAs account for about 60 percent of the assets of U.S. households investing at least $100,000.¹ Both state and federal laws govern the disposition of these assets, and the results can be complicated, especially when the owner of the account has been divorced and … More No Beneficiary Designation. Who Gets The Money?

Growing Your Net Revenue in 2017 – Questions to Ask Yourself

As retirement plan advisors, growing your net revenue in 2017 may be a challenge.  As you are probably well aware, the compensation of retirement plan advisors and providers has become a focus of the DOL, with new regulations to soon require plan advisors to take on a fiduciary role.  Broker dealers, RIAs and individual reps … More Growing Your Net Revenue in 2017 – Questions to Ask Yourself