Our View

Retirement Readiness – How Do We Compare with Other Countries?

December 13, 2017

Learn about differences in retirement readiness in a survey of 3,000 working age individuals in Australia, the United Kingdom, and the United States.

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Delaying the Inevitable
Required Minimum Distributions for Defined Contribution Plans

November 14, 2017

We’ve all heard the saying “Nothing in life is certain except death and taxes.” And while that’s true, when it comes to the latter, a qualified retirement plan account holder may choose to delay — up to a point — paying taxes on retirement savings by keeping them in a qualified retirement plan or IRA. The aforementioned “point” eventually arrives in the form of a required minimum distribution (RMD).

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Mitigate Qualified Domestic Relations Order Risk with Best Practices

Retirement plan administrators have many important responsibilities that they must juggle daily. One such responsibility — often neglected — is the administration of qualified domestic relations orders (QDROs).

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Risk Transfers: the Other Side of De-risking

Written by Kenneth F. Hohman, FSA, EA, FCA, MAAA

The next time someone talks to you about de-risking, substitute the concept of risk transfer and follow the risk trail to determine who will become responsible for the “de-risked” risk.

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Using Compensation Management as a Tool to Recruit and Retain Top Talent

Written by Jennifer Givens

A strong job market is great news for employees and job seekers, but it isn’t so good for employers that must compete for new talent as they struggle to retain top performers.

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403(b) Prototype and Remedial Amendment Period

Written by David Alderson, J.D.

The moment 403(b) plan sponsors have been waiting for has arrived! The IRS has preapproved 403(b) prototype and volume submitter documents. Along with the preapproved documents comes a March 31, 2020 deadline for restating 403(b) plans.

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Audit Survival Tips for Retirement Plans

Written by Tom Swain, FSA, EA, FCA, MAAA

Although only a small fraction of retirement plans are audited each year, over time it’s almost certain that you and your plan will be audited by either the Internal Revenue Service (IRS) or the Department of Labor (DOL). Your preparation for an audit and your approach to an audit will save your organization thousands of dollars in productive time, penalties, and interest.

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Preretirement Death - Who Should Receive the Death Benefit?

Written by Lisa Tomlin

Retirement plan documents are the rulebooks for determining the amount, form, and timing of benefits for plan participants and their beneficiaries. Even with well-written documents, there are still situations that may cause a plan administrator to trip and fall if not careful.

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