We recently had a discussion with one of our colleagues at Hertzbach and Co. One of their clients planned to sell their business and terminate their retirement plan as a result. Meanwhile, COVID-19 came and thew a wet blanket of uncertainty on business cashflow. Many small businesses are rethinking whether continuing their employee retirement plan is a good idea or not.

If you’ve wanted to deliver your retirement plan notices electronically instead of being saddled with sending paper (or paying someone else to send paper) and worried that the 2002 guidance was cumbersome and outdated, then good news! On May 21, 2020 the DOL unveiled a new safe harbor for electronic disclosures, effective 60 days following the May 27 publication in the Federal Register.

ERISA Fidelity bonds and fiduciary liability insurance are not the same thing! Make sure you know the difference and what the requirements are.

There are two types of capital preservation funds available for retirement plans: money market and stable value. They couldn’t be more different, especially at a time like today. Read on to find out what makes them different and why/what you should consider before putting each in your company retirement plan.

The CARES Act will make additional retirement plan savings available to participants impacted by the Coronavirus. Here’s a quick overview of relief contained within the Act.

Could diversity affect retirement plans and the work force? Kelly McDonald offered up ways to work with people NOT like you. Here’s what it means for your workforce and financial wellness.

“Have there been changes to your ownership or business structure, including mergers and acquisitions?” We’re not just being nosy! This can affect your retirement plan — that is, your current plan or your budget for it. Here’s a short list of what you might need to think about.

Procrastinators rejoice! The SECURE Act has made some big changes to Safe Harbor plan designs. Historically, plan sponsors had to decide and declare 30 days before the beginning of the plan year if they’d use a safe harbor design. If you’re willing to do a little more, you could have up to a year to retroactively decide to use safe harbor. Read on here.

There has never been a better time to start a new retirement plan for your employees! New plans are half off or better starting January 1, 2020, thanks to the SECURE Act. Read on for the information on this important tax credit and what it can mean for your business.

While folks were busy wrapping last-minute holiday presents, a new law passed affecting retirement plans called the SECURE Act, which stands for “Setting Every Community Up for Retirement Enhancement,” and puts into place numerous provisions intended to strengthen retirement security. This is the biggest piece of retirement legislation since the 2006 Pension Protection Act and nerds like us are excited! Here’s an overview of ten of the big provisions.

It might seem more enticing to put money into an IRA rather than a retirement plan through your workplace, such as a 401(k) or 403(b) plan, but you need to know the IRS rules.

Target Date funds are the most frequently used Qualified Default Investment in a retirement plan, but they often all get lumped together when there are vast differences between offerings. Here’s an overview of what to know.

Retirement Planology is pleased to announce that Courtenay Shipley has been named to the 2019 edition of the Financial Times 401 Top Retirement Advisers.

Sometimes the hardest part of solving a problem is correctly defining it. Having an elite retirement plan focused advisor is key in making sure you have all the possible solutions to choose from.

Your 401k or 403b is for retirement, your HSA is for retirement healthcare. Read on as we explain why the HSA paired with a High Deductible Health Plan is a great option for saving for your future retirement health expenses.

Potentially, corporate retirement plans can serve as accumulation vehicles AND also distribution vehicles, and as American workers age and retire on the 401(k) and other contributory plans, plan sponsors are giving more thought to distributions offered to retired/separated participants. Here are the top three things to be thinking about when it comes to terminated employees in the plan.

401(k) plan fees have long been a focus of headlines and regulatory actions, resulting in disclosure documents and showing up in lawsuits. Revenue sharing is a practice of using some of the fees built into expense ratios of the investments to offset the cost of the plan. But, is that a good thing to do? Let’s examine this further.

Mark LeBusque is a champion of humanizing the workplace. He spoke on how to purposefully create workplaces where people feel like they belong. Here were my 3 key takeaways.

The Retirement Advisor Council is pleased to announce that Courtenay Shipley, Owner and CEO of Retirement Planology, Inc. has joined the Council effective January 1, 2019.

Adam Jefferis has joined Retirement Planology, Inc. as the VP of Planology.