ERISA (Employee Retirement Income Security Act) is a federal law that sets standards for most private industry retirement plans: including 401(k) plans, 403 (b) plans, defined benefit plans, and profit-sharing plans. ERISA requires plan sponsors and other fiduciaries to act prudently and solely in the interest of plan participants and beneficiaries. Learn the critical elements… Continue reading Understanding ERISA Fiduciary Duties (Webinar)
Category: Plan Fiduciary Insights
Secure Act 2.0: What Employers Need to Know (Webinar)
The SECURE 2.0 Act was signed into law on December 29, 2022 to advance lawmakers’ goals of increasing access to defined contribution plans and improving retirement plan effectiveness. This legislation includes 90 provisions some of which refine and amend aspects of the 2019 SECURE Act. The Act’s provisions will require advanced planning, discussions with your… Continue reading Secure Act 2.0: What Employers Need to Know (Webinar)
Monitoring Recordkeeper Activity
Vice president and investment consultant Cliff Dunteman explains why recent ERISA litigation should prompt plan sponsors to monitor their recordkeepers’ activities.
Consider In-Plan Options to Facilitate Emergency Savings
Cliff Dunteman outlines how after-tax contributions can act as an in-plan emergency savings strategy.
Barking Dogs, Required Arbitration, and Plan Restatements
Cliff Dunteman explains how recent case law could impact retirement plan sponsors when it comes to required arbitration and plan restatements.