June 01 2020

Investor Insights - June 2020

See our recap of May's key statistics and market commentary below.  Noteworthy Numbers The S&P 500 has gained 18.19% during the first two months of the second quarter. The strong rally has erased most of the index’s losses from February and March...

May 27 2020

What You Might Have Missed - Our COVID-19 Insights

The COVID-19 outbreak has caused anxiety for many, from health concerns to financial stress. We have been providing insight into the market's movement and how the experts view the short- and long-term impact of the pandemic. For your convenience, I'v...

May 01 2020

Investor Insights - May 2020

See our recap of April's key statistics and market commentary below.  Noteworthy Numbers The initial reading of Q1 GDP in the U.S. showed a -4.8% annualized decline as a result of depressed economic activity through the COVID-19 response.   The spot ...

April 22 2020

Coronavirus and Defined Benefit Plan Funding

This article is part of our continuing series on the coronavirus and its effects on qualified retirement plans.  Recently, we wrote about ways employees affected by the coronavirus could access money from their retirement plans.  Today, we are discus...

April 01 2020

Investor Insights - April 2020

See our recap of March's key statistics and market commentary below.  Noteworthy Numbers The S&P 500 lost 19.60% during the first quarter of 2020, the worst quarterly return since 2008, as the wide-reaching impacts of COVID-19 shocked the global ...

March 23 2020

Options for Accessing Retirement Plan Money Amid COVID-19 Outbreak

Amid the coronavirus (COVID-19) scare, we are getting reports that our clients are imposing layoffs, furloughs, and temporary shutdowns.  It makes sense; if people aren’t coming to your business, there’s no work for the employees to do and no money t...

March 03 2020

Investor Insights - March 2020

See our recap of February's key statistics and market commentary below.  Noteworthy Numbers The S&P 500 Energy sector fell 14.56% during February. The sector is now down 24.01% year-to-date. The energy sector is negative for the one-year (-25.48%...

February 27 2020

Why Did We Fail Our ADP Test?

What does it mean when a plan fails its ADP test? An ADP test, Actual Deferral Percentage, is a discrimination test required by the law to ensure that the Highly Compensated Employees (HCEs) are not deferring at a much higher rate than the Non-Highly...

February 06 2020

Issues with Independent Contractors and Pension Plans

A number of our retirement plan clients have independent contractors performing services for them.  There are often questions about whether these independent contractors can or should be covered in the company retirement plan.  The answer can be boil...

February 05 2020

Investor Insights - February 2020

See our recap of January's key statistics and market commentary below.  Noteworthy Numbers The Energy sector fell by 11.07% in January amongst fears of a demand decrease due to the Coronavirus outbreak.   U.S. GDP grew at only 2.1% annualized in the ...