Viewpoints about Fiduciary
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401(k) nondiscrimination testing—a guide for plan sponsors and other fiduciaries
Nondiscrimination tests are designed to prove that qualified retirement plans aren’t just benefiting the highly compensated. Here's a review of how these tests work—and the penalties plan sponsors can pay if they get a failing grade.
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Tips for creating a prudent governance process for your retirement plan
Proper plan governance does more than help a retirement plan run smoothly. It helps plan fiduciaries demonstrate that they acted prudently. Get tips for building a prudent governance process.
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The DOL’s final fiduciary rule is here
Released in April 2024 with a September effective date, this rule defines when a person is an investment advice fiduciary under ERISA and the Internal Revenue Code. It also includes amendments to various class prohibited transaction exceptions (PTEs) available to these fiduciaries.
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Bundled or unbundled 401(k) plan—which is right for you?
401(k) plan services are often described as bundled or unbundled. Find out what this means and factors to consider when deciding which approach may be suitable for your plan.
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Understanding 401(k) plan sponsor responsibilities when employees leave a job
Plan sponsors are responsible for helping departing employees understand their 401(k) options when leaving a job. Learn guidelines to help them decide.
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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.
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SECURE 2.0 checklist—a simple way to help you keep your plan compliant
Having a SECURE 2.0 retirement plan checklist can help plan sponsors stay organized and track compliance. Use our sample as a guide to help you create yours.
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What's a defined benefit plan?
Find out about the advantages and responsibilities associated with sponsoring a defined benefit pension plan.
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IRS guidance on SECURE 2.0 provisions—helpful but not everything we hoped for
Late in December 2023, the IRS released long-awaited guidance on SECURE 2.0. Read about the grab bag of direction provided under Notice 2024-02, which is meant to assist with the implementation of certain provisions.
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ERISA 408(b)(2) fee disclosures—not just for your clients’ retirement plans
The Consolidated Appropriations Act of 2021 expanded the ERISA 408(b)(2) fee disclosures to include group health plans. Find out why this change is an opportunity for retirement plan professionals.
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