Save Early, Reach Your Goal

Contributing to your employer’s retirement plan as soon as you’re eligible is crucial to meeting your retirement goals. The earlier you start saving, the more time compounding interest has to work on your behalf. Putting off contributions today means increased contributions to reach the same goals tomorrow For example: Shane, Maria and Nadia are each … More Save Early, Reach Your Goal

Hey Joel – I am a fiduciary/committee member to a retirement plan. Am I required to receive ongoing fiduciary training?

Welcome to Hey Joel! This forum answers plan sponsor questions from all over the country by our in-house former practicing ERISA attorney. Hey Joel, I am a fiduciary/committee member to a retirement plan. Am I required to receive ongoing fiduciary training? –       Curious in California Dear Curious, The DOL has provided various commentaries on the … More Hey Joel – I am a fiduciary/committee member to a retirement plan. Am I required to receive ongoing fiduciary training?

Group Whole Life Insurance: The Third Pillar

Financial security is something that every American strives for. Experts believe that the foundations of financial security are built off of three equally important pillars: a retirement plan, health insurance, and permanent life insurance. These three instruments complement one another and work together to create holistic security for individuals and their families. As an employer, … More Group Whole Life Insurance: The Third Pillar

Are You Prepared for an IRS Audit?

The Internal Revenue Service’s (IRS’s) Employee Benefit Audit Program is used to audit and enforce. The IRS’s emphasis, with respect to defined contribution plans is on compliance with the requirements of the Internal Revenue Code (the Code), the plan’s tax qualification and administration of all plan documents. In the event of noncompliance with regulations, the … More Are You Prepared for an IRS Audit?