Jan 18
Read here: http://bit.ly/6TH9Le “The Rap on Wrap Plan Documents”
Jan 06
The financial crisis made participants apprehensive about looking at their statements. However, with a wave of retiring baby boomers around the corner, you need documents to prove that you managed plan investments prudently. You definitely do not want retirees to try to hold you personally responsible for their retirement fund.
Dec 30
Get Moving Now!
The wide gap between the regulatory requirements for 401(k) and 403(b) plans is about to disappear. It’s important to take effective measures now to prevent regulators from cutting into your wallet. And, you don’t want to ignore the IRS. The new requirements issued July 24, 2007 apply to ALL 403(b) plans. Fortunately, the extra requirements, while burdensome, are not insurmountable.