June 13 2018

Deductible Employer Contribution Limits in 401(k)s and Other Defined Contribution Plans

This is the first in a two-part series about deductible contribution limits to qualified retirement plans.  The second part next week will cover arrangements that include defined benefit plans.  Contributions made by a business to a qualified retirem...

June 06 2018

Shouldn't the Discussion About Fiduciary Obligation Include the Quality of Services and Performance ... and Not Solely Be About Fees

As both a career professional in the retirement plan field and a citizen observer reading media coverage about 401(k) plan sponsors having to defend themselves from an onslaught of “excessive fee” litigation in recent years, it seems clearly evident ...

June 01 2018

Investor Insights - June 2018

See our recap of May's key statistics and market commentary below. 

May 16 2018

What the Heck is a TPA ... and Why Do You Need One?

Let’s ask Siri. Or Alexa. Or maybe we’ll Google “TPA.” Okay, so Google says “TPA” means Tissue Plasminogen Activator! And if you’re an M.D. (I suppose I should clarify that means Medical Doctor), Tissue Plasminogen Activator is the only thing TPA sta...

May 09 2018

Get a Fidelity Bond to Insure against Fraud and Dishonesty – and Because It’s the Law

Most qualified retirement plans need a fidelity bond.  This has been the rule for more than 40 years. Even so, it is not the kind of thing the typical plan sponsor spends a lot of time focusing on. A what bond? Fidelity who? We run across a number of...

May 01 2018

Investor Insights - May 2018

See our recap of April's key statistics and market commentary below. 

April 25 2018

Advice for How to Get Your Financial House in Order

The recent weather reminded us that it is indeed spring and time for spring cleaning. Last week’s federal tax deadline was a reminder that as we pull our tax paperwork together, now is the perfect time to focus our spring cleaning attention to our fi...

April 18 2018

How Donors Can Leverage the IRA Qualified Charitable Distribution for Smart Financial Giving and Harness the Impact of the 2017 Tax Cuts and Jobs Act

With the passage of the 2017 Tax Cuts and Jobs Act (TCJA), there are changes that impact charitable giving. More specifically, individual donors and nonprofits can leverage TCJA to make smarter philanthropic contributions with the Qualified Charitabl...

April 11 2018

Avoid the ADP Test with a Safe Harbor 401(k) Plan

The  ADP test  for 401(k) plans is like a mosquito:  it is annoying and has no known benefit to society.  The worst outcome of a failed ADP test is you have to  refund  excess contributions to  Highly Compensated Employees .  At a minimum, you’ve was...

April 04 2018

How to Avoid 401(k) Administration Mistakes

Here’s a public service announcement for all plan sponsors of 401(k)s.  Remember the quote from "Jerry Maguire," “Help me help you?”  It’s been 22 years since that movie, but it still holds true today. Third party administrators (TPAs) are the people...