Compliance Courtenay Shipley Compliance Courtenay Shipley

More Muddy Water: What Kind of Advice Are you Getting?

You might have heard that the DOL’s fiduciary standard definition was recently struck down in court and reversed. The result? They ruled that the Labor Department overreached by requiring brokers and others handling investors’ retirement savings to act in clients’ best interest. How you get your financial advise -- from a biased or unbiased financial representative -- just got muddier than ever.

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Management Courtenay Shipley Management Courtenay Shipley

Defining a Retirement Plan Master

Recently a survey was conducted by the Brightwork Partners, of 100 financial consultants and advisors that are actively advising on corporate retirement plans. “Actively” is the key word here because this is really telling as a quick cartography of the industry landscape. Only 10% of these advisors received 51%-100% of their income from managing retirement plans.

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Compliance Courtenay Shipley Compliance Courtenay Shipley

2017 401(k) and 403(b) IRS Limits

Hot off the press from the IRS! No changes to the contribution amounts for 401k and 403b plans for next year. The limit on these plans remains $18,000 with a $6,000 catch-up for those turning age 50 or older. IRA limits also remained the same at $5,500 with a $1,000 catch-up.

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Management Courtenay Shipley Management Courtenay Shipley

Dear John Oliver: We Love You...But (Part 2)

If you missed Last Week Tonight with John Oliver: Retirement Plans (HBO) and his account of trying to set up a 401k plan for the show's staff, go back and watch! This is part TWO of the highlights along with our commentary where we point out where our pal went a little off course.

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Management Courtenay Shipley Management Courtenay Shipley

Dear John Oliver: We Love You (Part 1)

If you missed Last Week Tonight with John Oliver: Retirement Plans (HBO) and his account of trying to set up a 401k plan for the show's staff, watch it right now. No, seriously, it's worth it! It's so good, we decided to blog about it. This is part one of two.

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