Products |
Voya to Credit Transaction Fees Related to CARES Act
In addition, the retirement plan provider is offering free access to financial resources to Americans.
Tag: coronavirus
Benefits |
Employer Health Benefit Costs May Jump This Year and Next
Actions to mitigate increasing health benefit costs for this year or next will need to be as unique as the...
Important Considerations Before Waiving RMDs
Taking required minimum distributions (RMDs) is about shifting to a taxable account, not necessarily about liquidating investments.
DB Plan Relief Included in the CARES Act
The bill provides a delay for minimum annual required contributions and relief for plans that may have benefit restrictions triggered...
Coronavirus-Related Distributions From 403(b) and Governmental 457(b) Plans
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Plan Sponsors Facing Difficult Decisions During Coronavirus Pandemic
Stopping employer matching contributions, laying off employees, adjusting DB plan contributions; plan sponsors need to understand the effects of each...
Remedial Amendment Periods for 403(b) Plans and DB Plans Extended
Plan sponsors now have until June 30 to update their pre-approved and individually designed 403(b) plan documents.
CARES Act Passes Congress, Including Retirement Plan Relief
Plan sponsors who have faced regional natural disasters will be familiar with many of the relief provisions adopted by Congress,...
Products |
Newport Drops 3(16) Service Fees for Clients
Newport is providing complimentary 3(16) administrative fiduciary services to clients for the remainder of the 2020 calendar year.
Retirement Plan Provisions Included in Senate’s Stimulus Package
Among other things, the bill would allow for targeted, penalty-free access to tax-qualified accounts for those hit hardest by the...
Products |
FinFit Waives Fee on Financial Wellness Platform
FinFit’s financial wellness platform is available to employers for free through June 30.
Tax Filing Relief Adds Time to Contribute to Benefit Plans
Individuals have more time to contribute to IRAs and HSAs, and employers have more time to contribute to their retirement...
Retirement Plan Providers Preparing for Spikes in Loans and Hardships
As the retirement industry awaits details of a coronavirus stimulus relief bill, a spike in participant loans and hardship withdrawals...
Coronavirus News for Plan Sponsors
The latest news about market volatility, benefits and business updates, and legislative and regulatory actions.
Understanding the Market Cycle Is Important to Retirement Plan Investors
It is inevitable that markets will go up and down; lessons about downturns should always be a part of participant...
Loan, Hardship Withdrawal Flexibility Among Possible Congressional Actions
Lawmakers are debating what will likely prove to be an unprecedented stimulus package aimed at helping businesses, workers and retirees...
ICI: Mutual Fund Industry Should Fall Under ‘Critical Services’
‘To ensure access to invested monies for shareholders across the country,’ ICI’s president asks the Board of Governors to consider...
Benefits |
Employers Can Offer Financial Help to Participants Without Dipping Into Retirement Savings
Because the coronavirus was designated a disaster under the Robert T. Stafford Disaster Relief and Emergency Assistance Act, qualified disaster...
Retiring Soon? Stay Put in the Markets.
Hopefully participants closest to retirement are conservatively invested, but either way, the message from retirement plan sponsors should be the...
News Reports Speak of 2008-Style Money Market Fund Guarantee Program
Echoing a move last enacted during the Great Recession, the federal government is reportedly seeking to temporarily guarantee money market...