Plan sponsors need to think about it in these terms: Does it make sense to have a pork-belly ETF on a 401k investment menu? How about orange futures?
Basic Members
To make the procedure more agonizing, the transition away from Chevron may feel like death by a thousand cuts. But the snail-like process of the courts has its benefits.
The process of transferring assets is not without its own liabilities. The exact nature of the fiduciary risk depends on the nature of the transfer.
Some believe it’s destined to become a cure-all for much of what ails retirement savings today. Others, well, they’re not so sure.
What Do You Think Was The Top Fiduciary Story In 2023?
If you have any experience in the retirement plan business, some predictions just write themselves. As in “an incredible feeling of déjà vu.”
CITs can only be offered within the confines of a trust relationship. That means the plan itself might be structurally different than one that has an investment menu limited to mutual funds.
Eliminating the match and investing a large portion of retirement savings in bonds creates a risk. It may cause the retirement savings to go down in flames.
Let’s take some time off this week to reflect why we’re thankful for the 401k.
The Top Ten ‘Must Read’ FiduciaryNews.com Articles For The Five Years Ending 12/31/23!
These are the stories that tell us what is most on the forefront of the minds of those most involved in the retirement plan industry. It tells us both what questions they’re asking and, perhaps, why they’re asking them. The articles that make this list don’t represent fads, but the never-ending hard reality in the everyday world of 401k plan sponsors and fiduciaries.