Are You Devoting 88% of Your Attention to Target Date Funds?

By 2019, it is projected that 88% of new retirement plan contributions will be invested in target date funds.¹ Since introduction of the Pension Protection Act in 2007, the use of TDFs as Qualified Default Investment Alternatives (QDIAs) has increased from 36 to 86%.² As a retirement plan advisor, you may not be devoting 88% of your attention to the TDFs, but in the future … Continue reading Are You Devoting 88% of Your Attention to Target Date Funds?

Changes in Employee Demographics May Impact Owner’s Percentage of Retirement Plan Contributions

A common goal for successful business owners when designing a retirement plan is to provide a reasonable benefit level to their employees while maximizing the benefits to themselves. Most times this is accomplished with an aged-based or “cross-tested” design that allocates differing contribution levels based on an employee’s class. It is important to understand that changes in your clients’ employee demographics from year to year … Continue reading Changes in Employee Demographics May Impact Owner’s Percentage of Retirement Plan Contributions