by Daniel Halle, Regional Director of P&A Group Retirement Plan Services As a plan sponsor and fiduciary to your company’s retirement plan, you have certain responsibilities to ensure optimal investments, reasonable fees, and informed participants but, unless you are an expert in plan design, investments and administration, you may be swimming upstream in choppy water.… Continue reading Why Hiring an Independent Fiduciary Is Good for Your Retirement Plan
Tag: Retirement Plans
New Inflation-Adjusted Amounts Released for 2018
Flexible Spending Accounts Health FSA For 2018, the dollar limitation on employee salary reduction contributions to a Health Flexible Spending Account will increase by $50 to $2,650 per plan year. Adoption Assistance FSA The maximum amount that may be excluded from an employee's gross income under an employer-provided adoption assistance program for the adoption of… Continue reading New Inflation-Adjusted Amounts Released for 2018
403(b) Plans – What You Need to Know to Control Costs
by Dan Halle, Regional Director of Retirement Plan Sales Understanding important characteristics of retirement plans help employers maintain more control over their plan offerings. Recent changes to the structure of 403(b) plans make it a more viable option for some employers but there are crucial elements plan sponsors need to be aware of that can help… Continue reading 403(b) Plans – What You Need to Know to Control Costs
What Business Owners Don’t Know Can Hurt Them – Know Your Fiduciary Responsibility
by Daniel Halle, Regional Director of Retirement Plan Sales Does your company offer a qualified retirement plan? Are you a business owner or trustee of your retirement plan? Did you know as a retirement plan sponsor or plan trustee, you have a legal and fiduciary responsibility for the decision making for your retirement plan? Most… Continue reading What Business Owners Don’t Know Can Hurt Them – Know Your Fiduciary Responsibility