To no one’s surprise, the recent Kravitz Cash Balance Research Report indicates that the number of new Cash Balance plans increased 17% in 2016, outpacing the 3% growth of 401(k) plans. And also no surprise that 92% of the cash balance
The Retirement Plan Blog
Helping get your retirement plan from where it is now to where it needs to be
The Retirement Plan Blog, published by National Benefit Services, Inc., focuses on retirement plan compliance, legislative updates, and practical guidance for employers and plan sponsors. It covers topics such as required pension plan restatements, implications of major retirement legislation like SECURE 2.0, transitioning from SIMPLE IRAs to 401(k) plans, and strategies to improve plan success including deferral rates. The blog also addresses IRS deadlines, correction programs for missed compliance, and operational considerations for various retirement plan types. It aims to clarify complex regulatory requirements and assist fiduciaries in managing retirement plans effectively.
Latest from The Retirement Plan Blog - Page 6
Red flags on Form 5500 alert Internal Revenue Service and Department of Labor to plan issues
By Jerry Kalish
Can you put your retirement plan on autopilot?
Timely reminder why an ERISA fidelity bond is necessary
By Jerry Kalish
Non-ERISA 403(b) plans must walk a fine line to avoid losing the ERISA exemption
By Jerry Kalish
Last month’s Supreme Court decision, Advocate Health Care Network v. Stapleton, upholding ERISA exemption for church-affiliated pension plans was a reminder that not all benefit plans are subject to ERISA. Indeed, non-profit employers who sponsor 403(b) plans can choose…
Pension Plan Procrastination Perils Proper Personal Planning
By Jerry Kalish
401(k) Plan Trustees: How Do You Monitor and Select Investments?
TIAA Lawsuit Puts the Spotlight on 403(b) Participant Loans
By Jerry Kalish
Participant loans from 401(k) plans have never been an employer favorite plan provision. (See Defined Contribution Plan Loans Can Be Expensive, @401k_TV). Now participant loans from 403(b) plans have come into focus.…
In the complicated world of ERISA, a Fiduciary Checklist can help
By Jerry Kalish
Checklists. Doctors use them. Engineers use them, Pilots use them. A checklist is a tool to manage complicated jobs. Atul Gawande, MD, author of best seller, The Checklist Manifesto: How to Get Things Right, puts it this way:
Checklists…
The Best “Order” to Save for Retirement: Infographic
By Jerry Kalish
