Posts by pwsadmin
Why it’s Important to Review, Refresh, and Revise Retirement Plan Documents
You likely recognize the importance of seeing your doctor for an annual physical to keep your health in tip-top shape, or taking your car in for routine maintenance to keep…
Read MoreParticipant Infographic 2020 Q4: Consolidating Accounts
The average person has 12 jobs during the course of their career.[1] That’s a lot of jobs — and a lot of 401(k) accounts! Around 25 million Americans have left…
Read MoreTracking Down Your Missing Participants
If you have terminated participants with balances in your 401(k) plan, some of whom you can’t locate, you’re not alone; missing participants are an industry-wide problem. What is a missing…
Read MorePlan Sponsor Guide 2020 Q4
As a plan fiduciary, you are responsible for your keeping track of former employees with account balances, a.k.a. missing participants. The DOL and IRS are paying more attention to plan…
Read MoreStaying the Course through Volatile Markets
Turbulent times can bring turbulent markets. Many factors cause chaotic swings in the investing world including housing bubbles, political elections, international instability, and as we have seen recently, a global…
Read MoreQ3 2020 Lift Retirement Newsletter
The first half of this year has been like nothing we have ever seen before –from record high employment to record unemployment, stimulus packages, the CARES Act, and of course…
Read More3 Fiduciary Action Items During Turbulent Times
COVID-19 has brought many updates, changes, and challenges, and we know the stress this can place on a plan sponsor. While things are constantly changing, one thing remains the same…
Read More4 Qualified Plan Tax Advantages for Employers
By choosing to offer your employees a 401(k) plan, you’re sending a powerful message — that you’re invested in their future and committed to helping them work towards financial security…
Read MoreParticipant Infographic – Household Budgeting Worksheet
It is normal for working Americans to experience some form of financial hardship. When employees have proper financial wellness education, they can develop the mindset to see the long-term impact…
Read MorePros and Cons of Taking Coronavirus-Related Distributions from Retirement Savings
The COVID-19 pandemic has undoubtedly shaken our economy to the core. Many businesses have struggled to keep their doors open which has caused unemployment claims to soar. Record unemployment, coupled…
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