Tag: 401k
Mesirow Promotes Senior Managing Director and SVP
Chris Reagan and Kevin Kaiser have been promoted to senior managing director and senior vice president, respectively, at Mesirow Financial.
Guardian Retirement Hosts 401(k) Summit
The Guardian Insurance & Annuity Co. Inc. is hosting a 401(k) summit focused on the micro- and small-plan markets.
Wells Fargo Reports Increase in Participant Loans
There was a 28% increase in the number of participants taking loans from their 401(k)s, according to an analysis of Wells Fargo-administered plans.
Savings Cap Could Affect Up to 5% of Participants
Published reports indicate President Obama’s 2014 budget proposal will include a cap on retirement savings.
Health, Retirement Benefits Link is Strong
Retirement benefit decisions can no longer be made without factoring in health care, according to a source at Manning & Napier.
Plan-to-Plan Rollovers Should Be Easier, GAO Says
The Government Accountability Office (GAO) recommends regulators take certain steps to reduce obstacles and disincentives to plan-to-plan rollovers.
Financial Crisis Promoted Positive Savings Behavior
Following the financial crisis, 56% of investors now believe it is entirely their responsibility to prepare for retirement, a Fidelity Investments survey finds.
Income Projections Encourage Saving
New research shows providing employees with retirement income projections may lead them to save more.
29% Chose Deferral Higher Than Default
Five percent of Section 401(k) plans include an automatic contribution arrangement (ACA), according to the Internal Revenue Service (IRS) 401(k) Compliance Questionnaire.
Blog Details What a Rule Change Means for You
Fred Reish, a partner at Drinker Biddle & Reath, the Los Angeles law firm, has launched fredreish.com, a blog about retirement regulation and compliance.
Program Helps Middle Class Form Financial Goals
NestWise has launched a program to help middle-class Americans develop strong financial behaviors.
Sammons Debuts Mutual Fund IRA
The LiveWell Plus Mutual Fund IRA was launched by Sammons Retirement Solutions Inc. to help advisers gather retirement assets and provide a savings boost.
What Lies Ahead for Advisers and Clients
The future for advisers includes more fiduciary responsibility and a focus on participant outcomes, said panelists at PLANADVISER’s 2013 Top 100 Retirement Plan Advisers seminar on Wednesday.
Most Do Not Want to Dip into Retirement Savings
Despite reports that too many retirement plan participants are dipping into their savings, most want to leave their savings intact, a poll suggests.
Financial Wellness Firm Offers Retirement Education
Four Seasons Financial Education has expanded its financial wellness programs to include custom-tailored 401(k) education.
SunGard Updates Relius Administration Product
SunGard Financial Systems released an enhanced version of its Relius Administration product.
New York Firm Rolls Out Roth Solo 401(k)
IRA Financial Group has introduced an open-architecture Roth Solo 401(k) plan.
Advisers Eye Lump-Sum DB Payouts
Separated defined benefit (DB) plan participants have been on the rise since 2004—a sweet spot for advisers targeting lump-sum distributions, research found.
Bill Aims to Thwart Retirement Plan Leakage
Two senators introduced legislation that would give individuals who take a loan from their retirement accounts more time to repay after leaving a job.