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Don’t Put Your Plan at Risk: PSCA National
A breakout workshop at PSCA’s National Conference on May 5th provided attendees a practical checklist of items to review annually to ensure their plan is legally compliant with all regulations. The workshop was presented by Ira Finn, Ryan Specialty Group, Maryanne Vuckovich, PMB Real Estate Services, and moderated by Samuel Haines, MMA Retirement... Read More >>
401(k) Contributions up in Q1, but Mixed Bag for Other Stats
According to Bank of America’s latest 401(k) Participant Pulse report, there was some good news to offset the less favorable news amid ongoing economic headwinds. Notably, the firm’s first quarter, 2023 data shows that fewer participants took loans, but for higher amounts, while hardships increased in number and amount. At the same time,... Read More >>
Half of Households at Risk of Lower Living Standards in Retirement
Retirement readiness remains a major challenge for many of today’s working-age households that may need to save more and/or work longer to improve their prospects for a secure retirement. That’s according to the Center for Retirement Research’s newly released National Retirement Risk Index (NRRI), which measures the percentage of working-age... Read More >>
Be a BOSS, don’t let your participants get lost!: PSCA National
One of the breakout workshops at PSCA national focused on the much talked-about challenge of tracking down missing participants. Judging by the hundreds of session attendees, it is a topic top-of-mind for plan administrators. The workshop was presented by plan sponsors Sharon Heymans with Occidental Petroleum Corporation, Rick Kucirek with Christ... Read More >>