Viewpoints about Fiduciary
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What’s your ERISA duty with qualified retirement plan documents?
Failing to update your plan document for new laws, like the SECURE Act and CARES Act, jeopardizes your plan. Stay compliant. Learn the basics about documents and amendments.
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A checklist for retirement plan fiduciaries amid industry consolidation
Retirement plan sponsors are likely aware of the ongoing consolidation of recordkeepers over the last several years. When there’s a change in any of your plan’s service providers, your fiduciary duty to select and monitor them comes into play. This checklist can help you do your duty to assess the impact of the change on your plan.
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Who’s an ERISA fiduciary?
If your business sponsors an ERISA-qualified retirement plan such as a 401(k), you may be an ERISA fiduciary. And one of your responsibilities is to monitor the fiduciaries you appoint to help you run your plan, you should know who’s an ERISA fiduciary—and what they do.
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Six myths about retirement plans for small businesses—debunked!
We debunk the myths that keep many small business owners from offering a retirement plan.
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Active or passive investing—choosing the right one for your retirement plan
Both passively and actively managed funds can play important roles in a 401(k) plan investment lineup. Here’s a brief look at both types of funds, as well as some of the factors to consider when deciding which ones are right for your plan and participants.
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Cybersecurity guidance from the DOL for retirement plan fiduciaries
The DOL has issued three documents outlining cybersecurity tips and best practices. Retirement plan fiduciaries need to take the threat seriously by adopting the DOL’s best practices and tips for plan fiduciaries, service providers, and plan participants.
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When are participant change notices required under ERISA 404a-5?
Being a plan sponsor comes with administrative and fiduciary duties. Knowing whether a retirement plan event triggers the need to send a change notice or not is one of those confusing areas that can require guidance. This guide can help you understand your requirements beyond the annual and quarterly notices.
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Five things you should know about the IRS’s latest 401(k) plan restatement cycle for preapproved plans
Learn about the 401(k) plan restatement process and the document options that are available to plan sponsors.
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The three layers of retirement plan cybersecurity: a primer for fiduciaries
Learn about the three layers of retirement plan cybersecurity due diligence.
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ERISA and the 401(k) plan: a short history
Knowing the history of ERISA and the 401(k) plan can help you understand your ERISA duties—and execute them effectively.
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