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Five Favorite 401k Features We Can’t Live Without
This week we’ll be focusing on those favorite features as judged by the retirement plan professionals we interviewed. Don’t be surprised if over the next few weeks you discover that one provider’s treasure is another provider’s trash.
Does Retirement Saving Trump Tax Savings Among 401k Participants?
Here’s the irony of the tax saving incentive. If it’s wildly successful and leads to very large retirement accounts, the required minimum distributions at retirement may place the now retired employee in a higher tax bracket than the one experienced while working.
Deemed IRAs—Did SECURE Act 2.0 Kill Them or Give Them a Boost?
It’s critical that plan sponsors consult with compliance professionals before adding the Deemed IRA feature.
Orphan Accounts Pose Fiduciary Liability To 401k Plan Sponsors
There is an out, of course, but that might eliminate the so-called “institutional pricing” advantage former employees have for staying in the plan in the first place.
Should 401k Loans Be Allowed, Encouraged, Or Forbidden? A Fiduciary Perspective
Before you get all excited and look to replace your home equity loan with a 401k loan, you should consider these things.
Fiduciary Challenges For Merging 401k Plans
If you’re a fiduciary of the acquiring plan, you want to make sure you’re not burdened with any unknown liabilities. If you’re a fiduciary of the acquired plan, you want to make sure the merger process doesn’t introduce new liabilities.
Questions 401k Plan Sponsors Are Too Busy To Ask
Here’s something you don’t always see, but maybe you should.
How to Address Top Fiduciary Issues for Trade Associations Sponsoring 401k MEPs
It appears all but certain the floodgates will soon open wide, unleashing a torrent of trade association sponsored 401k MEPs. If you’re looking for the trigger that will open those floodgates, here’s what you should be paying attention to.
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