Taft-Hartley
Browse by
-
Four key questions at the heart of a Taft-Hartley DC plan strategy
If you were to start a defined contribution (DC) plan for union members, where would you begin? A Taft-Hartley DC plan’s structure is driven by its strategy. And this strategy comes down to the answers to a few fundamental questions, including these.
Read more -
What kinds of retirement plans do union members have?
If you’re a union member, you may be offered a retirement plan that was agreed upon through your union’s collective bargaining agreement (CBA). These plans are also called multiemployer or Taft-Hartley plans. We’ll help you understand the kinds of Taft-Hartley retirement plans your union might offer.
Read more -
Why Taft-Hartley plans are important in today’s labor market
Offering a competitive Taft-Hartley plan can play an important role in helping unions attract and retain skilled tradespeople. Find out why.
Read more -
10 reasons to consider leaving your retirement savings in your union plan
Some members leave their money in their union-sponsored retirement plan when they retire or leave their union for another reason. Is this the right choice for you? To help you decide, here are some potential reasons to consider staying in your plan.
Read more -
What’s the difference between multiemployer and multiple employer plans?
Not to be confused with multiple employer plans, multiemployer plans help union workers overcome one of the biggest challenges they face when saving for retirement. Find out what it is.
Read more -
How do you budget with an inconsistent income?
If you’re a gig worker, entrepreneur, or salesperson, or you work in a trade, you probably know how hard it can be to make a budget with your income changing from week to week. But the right budgeting can help with achieving your goals. Here are some tips to keep your finances in order when your income varies.
Read more -
A framework for evaluating your Taft-Hartley plan
Does your Taft-Hartley plan make it easy for members to build and manage their retirement savings? Six considerations for your next plan review.
Read more -
How to take a Taft-Hartley plan from trustee to member directed
Member-directed Taft-Hartley DC plans offer members more investment autonomy and plan sponsors potentially less fiduciary risk. If you’re thinking of making the change from a trustee-directed DC plan to a member-directed one, you’ll likely need to start by adopting a daily valued plan design.
Read more -
Is your child considering trade school? Tap into your 529
If your child is considering educational opportunities outside of the traditional college degree, you may be able to use tax-free distributions from your 529 account to pay for your student’s qualified educational expenses.
Read more -
Two questions to answer when evaluating your Taft-Hartley retirement plan expenses
Taft-Hartley plan sponsors should understand the importance of evaluating how retirement plan expenses are paid.
Read more