--- title: ACG Blog | J. Saunders Wiggins, CFP®, AIF® (4) description: "J. Saunders Wiggins, CFP®, AIF®\nCEO/President (4)" --- [![acg-logo-header.png](https://blog.acgworldwide.com/hs-fs/hubfs/acg-logo-header.png?width=123&name=acg-logo-header.png "acg-logo-header.png")](http://www.acgworldwide.com/) - [Who We Are](http://www.acgworldwide.com/about-acg/) - [Selected Staff Bios](http://www.acgworldwide.com/selected-staff-bios/) - [Culture and Philosophy](http://www.acgworldwide.com/culture-and-philosophy/) - [Advisory Board Members](http://www.acgworldwide.com/advisory-board-members/) - [What We Do](http://www.acgworldwide.com/our-services/) - [Wealth Management](http://www.acgworldwide.com/wealth-management/) - [Investment Advisory](http://www.acgworldwide.com/investment-advisory-services/) - [Third Party Administration](http://www.acgworldwide.com/third-party-administration/) - [Retirement Plan Consulting](http://www.acgworldwide.com/401k/) - [Financial Planning Services](http://www.acgworldwide.com/financial-planning-services/) - [Tax Strategies](http://www.acgworldwide.com/tax-strategies/) - [Who We Help](http://www.acgworldwide.com/our-clients/) - [Businesses](http://www.acgworldwide.com/businesses/) - [Entrepreneurs](http://www.acgworldwide.com/entrepreneurs/) - [Individuals and Families](http://www.acgworldwide.com/successful-individuals-and-families/) - [Foundations and Endowments](http://www.acgworldwide.com/foundations-and-endowments/) - [Press & Resources](http://www.acgworldwide.com/acg-live/) - [Blog](http://www.acgworldwide.com/blog/) - [Company News](http://www.acgworldwide.com/company-news/) - [CBS 6 News Market Briefs](http://www.acgworldwide.com/company-news/bill-fitzgerald-of-cbs-6-news-interviews-with-sandy-wiggins/) - [Monthly Investor Insights](https://blog.acgworldwide.com/topic/monthly-insights) - [Quarterly Commentary](http://www.acgworldwide.com/commentary/) - [Cost of Living Adjustments](http://www.acgworldwide.com/colas-and-limits/) - [Important Disclosures](http://www.acgworldwide.com/acg-live/website-disclosure/) - [Contact Us](http://www.acgworldwide.com/contact-us/) [![Richmond Virginia](https://blog.acgworldwide.com/hs-fs/hubfs/ACG_June2016/images/ACGLogo_KOHi.png?width=280&height=112&name=ACGLogo_KOHi.png "Richmond Virginia")](http://www.acgworldwide.com/) ![banner2.jpg](https://blog.acgworldwide.com/hs-fs/hubfs/ACG_June2016/images/banners/banner2.jpg?width=810&name=banner2.jpg "banner2.jpg") # ACG Blog ## J. Saunders Wiggins, CFP®, AIF® ![](https://blog.acgworldwide.com/hubfs/Sandy-Wiggins-square.jpg) J. Saunders Wiggins, CFP®, AIF® CEO/President ### Recent Posts October 27 2016 ## [Understanding 401(k) Contribution Limits](https://blog.acgworldwide.com/401k-contribution-limits) Posted by [J. Saunders Wiggins, CFP®, AIF®](https://blog.acgworldwide.com/author/j-saunders-wiggins-cfp-aif) in [401(k)](https://blog.acgworldwide.com/topic/401k) with [No Comments](https://blog.acgworldwide.com/401k-contribution-limits#comments-listing) Qualified retirement plans like 401(k) plans encourage employees to save money for their own retirement by giving them a current tax break if they participate in their employer’s plan and make contributions to their 401(k) account. Specifically, empl... October 11 2016 ## [Is Your Business Following These 401(k) Best Practices in Plan Design?](https://blog.acgworldwide.com/401k-best-practices-retirement-plan-design) Posted by [J. Saunders Wiggins, CFP®, AIF®](https://blog.acgworldwide.com/author/j-saunders-wiggins-cfp-aif) in [401(k)](https://blog.acgworldwide.com/topic/401k) with [No Comments](https://blog.acgworldwide.com/401k-best-practices-retirement-plan-design#comments-listing) Making the decision to sponsor a 401(k) plan is an important step in helping you and your employees save money for retirement on a tax favored basis. But it’s just the first step. Once you’ve decided to offer a plan, the next step is to focus on how ... October 05 2016 ## [401(k) Fiduciary Responsibility: What You Need to Know](https://blog.acgworldwide.com/retirement-plan-401k-fiduciary-responsibility) Posted by [J. Saunders Wiggins, CFP®, AIF®](https://blog.acgworldwide.com/author/j-saunders-wiggins-cfp-aif) in [401(k)](https://blog.acgworldwide.com/topic/401k) with [No Comments](https://blog.acgworldwide.com/retirement-plan-401k-fiduciary-responsibility#comments-listing) As the sponsor of an employee retirement plan, it’s critical that you understand the concept of fiduciary duty. Fiduciary is a fancy word that conveys a simple concept: You are legally required as a fiduciary to put the interests of plan participants... September 22 2016 ## [Decisions, Decisions ... A Comparison of Small Business Retirement Plans](https://blog.acgworldwide.com/small-business-retirement-plans-comparison) Posted by [J. Saunders Wiggins, CFP®, AIF®](https://blog.acgworldwide.com/author/j-saunders-wiggins-cfp-aif) in [401(k)](https://blog.acgworldwide.com/topic/401k), [Retirement](https://blog.acgworldwide.com/topic/retirement) with [No Comments](https://blog.acgworldwide.com/small-business-retirement-plans-comparison#comments-listing) Offering a retirement plan to your employees is one of the best decisions your company can make. Qualified retirement plans like 401(k) plans offer tax benefits to your employees and your business while also serving as a powerful employee recruiting ... April 06 2016 ## [Fiduciary duty - does your financial advisor work in your best interest?](https://blog.acgworldwide.com/fiduciary-duty-does-your-financial-advisor-work-in-your-best-interest) Posted by [J. Saunders Wiggins, CFP®, AIF®](https://blog.acgworldwide.com/author/j-saunders-wiggins-cfp-aif) with [No Comments](https://blog.acgworldwide.com/fiduciary-duty-does-your-financial-advisor-work-in-your-best-interest#comments-listing) There has been a lot of buzz about the proposed Department of Labor (DOL) fiduciary rule, its importance and implications. Today, the DOL issued rules that would require any person who gives investment advice to retirement accounts (IRAs, 401(k) plan... March 23 2016 ## [401(k) plan request for proposal (RFP) process](https://blog.acgworldwide.com/401k-plan-request-for-proposal-rfp-process) Posted by [J. Saunders Wiggins, CFP®, AIF®](https://blog.acgworldwide.com/author/j-saunders-wiggins-cfp-aif) in [401(k)](https://blog.acgworldwide.com/topic/401k), [Retirement](https://blog.acgworldwide.com/topic/retirement), [Financial Planning](https://blog.acgworldwide.com/topic/financial-planning) with [No Comments](https://blog.acgworldwide.com/401k-plan-request-for-proposal-rfp-process#comments-listing) While requests for proposal (RFPs) are a common practice among large companies and government organizations, very few small businesses use them, especially for a 401(k) plan. However, much can be learned from the process of an RFP and what questions ... March 10 2016 ## [European Central Bank introduces negative interest rates](https://blog.acgworldwide.com/european-central-bank-introduces-negative-interest-rates) Posted by [J. Saunders Wiggins, CFP®, AIF®](https://blog.acgworldwide.com/author/j-saunders-wiggins-cfp-aif) in [Investments](https://blog.acgworldwide.com/topic/investments), [Wealth Management](https://blog.acgworldwide.com/topic/wealth-management), [Market Performance](https://blog.acgworldwide.com/topic/market-performance) with [No Comments](https://blog.acgworldwide.com/european-central-bank-introduces-negative-interest-rates#comments-listing) This morning, the European Central Bank (ECB) introduced negative deposit rates and also cut its main refinancing rate to 0.00%. What this means is that European banks will have to pay the ECB 0.4% of any deposits that they hold with the central bank... January 08 2016 ## [Not so happy new year for the stock market](https://blog.acgworldwide.com/not-so-happy-new-year-for-the-stock-market) Posted by [J. Saunders Wiggins, CFP®, AIF®](https://blog.acgworldwide.com/author/j-saunders-wiggins-cfp-aif) in [Investments](https://blog.acgworldwide.com/topic/investments) with [No Comments](https://blog.acgworldwide.com/not-so-happy-new-year-for-the-stock-market#comments-listing) It seems as if the stock market ate at Chipotle and caught a norovirus to start 2016. December sales at Chipotle decreased around 30%, which is hopefully not what will happen to the stock market. But investors should be cautious and aware of the many... September 18 2015 ## [Janet Yellen, the Fed’s rate decision, and investing with uncertainty](https://blog.acgworldwide.com/janet-yellen-the-feds-rate-decision-and-investing-with-uncertainty) Posted by [J. Saunders Wiggins, CFP®, AIF®](https://blog.acgworldwide.com/author/j-saunders-wiggins-cfp-aif) in [Investments](https://blog.acgworldwide.com/topic/investments) with [No Comments](https://blog.acgworldwide.com/janet-yellen-the-feds-rate-decision-and-investing-with-uncertainty#comments-listing) For the past several weeks, the markets have been more volatile than usual. August saw the S&P 500 Total Return Index falling 6.26%, the largest calendar month decline since May 2012. This volatility was sparked primarily by concerns about China’... September 10 2015 ## [Top Tax Issues for 2016](https://blog.acgworldwide.com/top-tax-issues-for-2016) Posted by [J. Saunders Wiggins, CFP®, AIF®](https://blog.acgworldwide.com/author/j-saunders-wiggins-cfp-aif) in [Tax Strategy](https://blog.acgworldwide.com/topic/tax-strategy) with [No Comments](https://blog.acgworldwide.com/top-tax-issues-for-2016#comments-listing) As the September 15 tax extension deadline looms, many business owners will start planning for 2016 and the many challenges that exist in running a business. Among the biggest headaches continues to be the Affordable Care Act (ACA) – no wonder that i... 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