No beneficiary designation. Who gets the money?
What you need to know for your retirement plan. SECURE 2.0 is follow-up legislation to the SECURE Act of 2019 (Setting Every Community Up for Retirement Enhancement Act of 2019.) It expands upon and clarifies several items in the prior legislation. It will have a large impact on qualified retirement plans such as 401(k)s. It […]
This pdf guide provides information about 401(k) plans for plan sponsors. Table of Contents: 401(k) Plan Provisions Plan Audit Non-Discrimination Testing Plan Sponsor Filing Requirements Summary Plan Description Glossary of Terms For informational purposes only. Not intended as legal or tax advice. Advisory Services are offered through Alliant Retirement Consulting, a federally Registered Investment Advisor.
Employees place high value on their retirement benefits. In fact, the Employee Benefit Research Institute (EBRI) has sited the employer retirement plan as the second most important benefit employees receive from their employer. Putting more money behind a program your employees already value helps them to appreciate this benefit even more. Consider these three reasons […]
Money is the SECOND LEADING cause of stress in U.S.* Personal debt ranks as a significant stressor for 2 OUT OF 5 adults Stress is a risk factor for DEVELOPING A MENTAL DISORDER** Poor mental health impacts PHYSICAL HEALTH, creating a risk factor for chronic physical conditions (e.g, diabetes, obesity) Need for healthcare INCREASES, but affordability […]
Handling Market Volatility While a retirement plan is viewed as a long-term savings vehicle, this recent market correction can result in the desire for retirement plan participants to assess their current asset allocation. Here’s what they need to know. The financial markets don’t like bad news. The current coronavirus outbreak is no exception, and many investors are […]