Although the Rule appears to be directed primarily at service providers, plan sponsors still have a fiduciary duty to monitor plan compliance, and that includes complying with the demands of this new rule.
Posts From Christopher Carosa, CTFA
Before you scorn the use of badges, remember, the company match is the ultimate badge. If you meet a minimum savings goal, the company awards you a “badge” of a matching contribution.
401k Bubble? 60’s redux? and Bonds blowing up?
Learning to budget isn’t a single lesson. It’s a series of lessons that get more advanced as the student progresses.
Retirement, taxes, and investment mixed signals.
Because things happened so fast, everyday folks could see in real time how long-term financial systems unfold. In the end, this may have been the greatest lesson of all, and it came courtesy of living in the real-world economic laboratory that was 2020.
The Battle of the Titans, a whole new fiduciary, and aiming high.
“Encouraging lifetime income distributions was one of my major initiatives at DOL and my biggest regret was that I was not able to move the ball forward as much as I wanted during my time there.” Here she explains why.
State-run retirement lemmings, changing scenes, and ESG,& HSA & RMD, oh my!
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 4/16/21
Playing with regulatory fire, back to the fiduciary future, and investing as history, not science.