401k News

News and information for retirement plan sponsors and advisors. Covering the issues ranging from regulation and compliance to plan design and investments. Whether you are running a 401(k) plan, a 403(b) plan or a defined benefit plan, ForexTV Retirement Intelligence Unit is there to provide news, insights and ideas.

DOL Participant Disclosure Regulation, What is a Plan Sponsor’s Responsibility?

May 24, 2017

The Department of Labor’s Participant Disclosure Regulation (“Regulation”) places a heavy administrative burden on retirement plan administrators which is designed to provide extensive information to plan participants in order to help them understand important aspects of managing their accounts. ...

State Auto IRA Plans May Limp Forward Despite Losing ERISA Exemption

May 18, 2017

State auto IRA plans will in all likelihood not be exempt from ERISA as Obama-era safe harbor exemptions for those plans have all but been rescinded by the Congress and President Trump has vowed to sign the legislation into ...

Duke 403b Lawsuit to Proceed Judge Rules

May 17, 2017

A federal judge issued a mixed ruling on Duke University’s request to dismiss a lawsuit that claims its 403b retirement plan charged employees excessive fees and made poor investments. In a key decision for colleges and universities defending themselves against 403b lawsuits, ...

Establish a standard to evaluate 401k and 403b plan advisors – 3 Tips for Plan Sponsors

May 17, 2017

Finding a financial advisor for your company 401k or 403b plan is not always simple and straightforward. Aside from finding an advisor with the right credentials and background, plan sponsors should also determine if the advisor is a good “cultural ...

Top 3 Unique Challenges Women Face in Retirement

May 17, 2017

Challenges women face in retirement are different from those of men in several ways. According to several studies, these unique, gender-driven challenges women face in retirement have to do with lifestyle, social and professional issues. There are three major areas ...

3 Key Factors in Measuring Financial Wellness Success

May 15, 2017

Measuring financial wellness success in a company benefit plan has been described by some plan sponsors as similar to herding cats. The idea of financial wellness has been popular in the past few years and indeed the idea of measuring ...

The DOL Fiduciary Rule May Be Doomed as Lawmakers Prepare to Scuttle its Implementation

May 15, 2017

When the Obama Administration sought to side-step Congressional approval and empowered the Department of Labor (DOL) to enforce what is now referred to as the DOL Fiduciary Rule, it may have sealed the fate of this controversial plan. Now that ...

Is a Roth 401k Likely to Replace Traditional 401k Plans in a Trump Tax Overhaul? Not Likely

May 15, 2017

A Roth 401k is an employer-sponsored investment savings account that is funded with employee contributions using after-tax money up to the contribution limit of the plan. This type of investment account is well-suited to people who think they will be in a higher tax bracket in ...

What do you Know About the Target-Date Fund in your 401(k)?

May 10, 2017

Target-date Funds can be highly effective, but need investor attention. Communicating with employees about how to invest in their 401(k) is no easy task. When it comes to investing, most employees (and plan sponsors) are prone to paralysis and an ...

Top 5 Reasons Health Savings Accounts (HSAs) Rock

May 9, 2017

Make way for the next big thing in retirement plans: Health Savings Accounts (HSAs). The issue of tax reform has the 401k industry on edge…and that does not seem to be such a bad thing according to some advisors attending the ...