Sample language for plan sponsor to send to participants

Subject: Market Volatility Update and How Your Target Date Funds Helped Body: Q1 2020 was an unfortunately remarkable quarter. US equity markets saw a peak to bottom decline of 34%, the largest drop since the Great Recession in 2008.  This marked the fastest bear market decline in history at 16 (trading) days.  Target date funds … Continue reading Sample language for plan sponsor to send to participants

Sample language for advisor to send to plan sponsor clients

Subject: Market Volatility and flexPATH TDF Presentation for Participants Body: Q1 2020 was an unfortunately remarkable quarter. US equity markets saw a peak to bottom decline of 34%, the largest drop since the Great Recession in 2008.  This marked the fastest bear market decline in history at 16 (trading) days.  Target date funds helped mitigate … Continue reading Sample language for advisor to send to plan sponsor clients

Washington Update: Congress Enacts Families First Coronavirus Response Act, Including Paid Sick Leave, Expanded FMLA Protections and Mandated COVID-19 Health Insurance Coverage

On Wednesday, March 18, 2020, the president signed HR 6201, the Families First Coronavirus Response Act (the FFCRA), which contains several different provisions (also called Acts), which are now law. The new law will have a significant impact on employer benefits and leave policies, particularly for those employers with fewer than 500 employees.In short, the … Continue reading Washington Update: Congress Enacts Families First Coronavirus Response Act, Including Paid Sick Leave, Expanded FMLA Protections and Mandated COVID-19 Health Insurance Coverage

Closing the Retirement Gender Gap: How Retirement Plan Advisors Can Help

Despite the fact that women tend to live longer, female workers typically have lower retirement account balances than their male counterparts. Many factors may contribute to this disparity, including lower earnings, greater part-time work and time off for child and eldercare, lower levels of financial literacy and lower risk/lower return investment choices. As a result, … Continue reading Closing the Retirement Gender Gap: How Retirement Plan Advisors Can Help

Another Way to Save: New Tax Credit for Plan Participants

According to a Transamerica Center for Retirement Studies (TCRS) report fewer than four in ten U.S. workers know about a tax credit that may help them save for retirement, per the IRS. The Saver's Credit is available to eligible taxpayers who are saving for retirement. The Saver's Credit is a non-refundable tax credit, and can be … Continue reading Another Way to Save: New Tax Credit for Plan Participants

Addressing Employee Education Strategically

An educated employee is an empowered employee, especially when it comes to retirement savings and financial wellness. To help employees better understand their fiduciary process, the key features of your company’s retirement plan, and the importance of setting aside money for their future, it’s crucial to offer financial education. Financial education can come in many … Continue reading Addressing Employee Education Strategically

The RetireMinute: March 3, 2020

Welcome to the March edition of The RetireMinute. In this monthly newsletter you'll find the latest news, as well as updates on RPAG technology, marketing resources, custom solutions and upcoming training and events. news & updates 2020 RPAG Spring Summits  Spring Summits have been postponed. Contact support@rpag.com for questions. technology update PlanFees Prism Benchmarking report has been … Continue reading The RetireMinute: March 3, 2020