IRS Retirement Plan Announcements for the Recent Hurricanes and California Wildfires

Many individuals have recently been significantly impacted by both the hurricanes and California wildfires and the Internal Revenue Service (IRS) provided relief for qualified individuals in retirement plans through several announcements. In addition, President Trump signed the Disaster Tax Relief and Airport and Airway Extension Act of 2017 (“Act”), which provides tax relief for individuals … More IRS Retirement Plan Announcements for the Recent Hurricanes and California Wildfires

Behavioral Finance: Can Enhanced Active Choice Help Increase Participation?

Deferred compensation programs typically offer open enrollment year-round. Employees can choose to participate when they feel ready and motivated to do so. This traditional enrollment method is known as the “opt-in” approach. However, many employers are moving to an “opt-out” or “enhanced active choice” approach where employees are asked to specifically indicate that they do … More Behavioral Finance: Can Enhanced Active Choice Help Increase Participation?

Q4 2017 Market Review

Equity markets continued their rally and reached new highs during the fourth quarter. U.S. equities posted a positive 6.3 percent return for the fourth quarter (Russell 3000). Equity returns were fueled by accelerating global growth, continued low interest rates and inflation, and the tax reform bill that passed late in the quarter. After outperforming domestic … More Q4 2017 Market Review