Fiduciary News

Has the DOL sufficiently defined “best interests” under its new proposal? – Or are we going to have to wait for the courts to decide? The DOL is saying let the courts decide. Is that really in the best interests of, well, anyone?
[bpfb_link url…[Read more]

Universal “Fiduciary” Standard – For almost two years now, I have been expressing my frustration about the “Fiduciary” standard because I knew that the lobbying effort during the rules making process leading up to the proposed regulation would be intense and would be ruled by those with the most to lose. I could not believe that people on our sid…[Read more]

From a tax standpoint, Are people better or worse off investing in a 401k plan? – Lately, there’s been much discussion surrounding the tax benefits of 401k plans. Many say, with tax rates so low, there’s no reason to invest in a 401k or any other tax deferred savings plan. Tell us what you think below. In either case, you might be surprised by the…[Read more]

Winners help plan sponsors solve problems, but which ones? If you want someone to do you a favor, you must first do them a favor. That’s one of the big lessons taught by Professor Don Corleone. (And when that doesn’t work, there’s always “that” offer.) Trouble is, sometimes people ask for one thing and want another. Other times they ask for somet…[Read more]

How Often Should Plan Sponsors Meet with Service Providers? – Monthly, quarterly, semi-annually, or annually? A plan and its investment option menu is like an aircraft carrier – it takes a long time to turn it. Unless something dramatic happens, meeting more than once a year may lead to short-term reactive decision making, which may not be in t…[Read more]

Hello, great site!

Welcome to Member News! This is the only group available to basic members. You’ll want to visit this group often to discover new benefits or critical “How-To” Answers. In fact, if you’ve got a question about the site, please ask it here. I’m sure you’re not the only one with the question and sharing it here will allow others to benefit from…[Read more]

Should adolescent “Stock Market Challenge” games be banned from schools? How can someone learn the important lessons of investing for a lifetime if they’re rewarded for playing a short-term trading game? Are there better ways to simulate long-term investing in a gamified form?
[bpfb_link url=’…[Read more]

What’s your most frustrating story when it comes to 401k employee education? If you’re teaching, tell us the one about the time you thought you nailed the presentation only to find out the audience later failed to act per the lesson. If you’re taking the point of view of the audience, tell us about the time the presenter glossed over – or even ou…[Read more]

Does your 401k plan measure retirement readiness of participants and, if so, how do you measure it? Despite all the noise and rancor about fees and annual investment performance, this is the bottom-line: Are the employees on the right path to be ready to retire? The article contains some thoughts on measuring retirement readiness. What is your…[Read more]

What’s the best way to measure the success of a 401k plan? How we pick 401k benchmarks have changed over the years. What guidelines to select benchmarks do you use today that you didn’t use 10-15 years ago? Can’t remember that far back? Here’s an article highlighted how those guidelines have changed. What do you think?
[bpfb_link url=’ht…[Read more]

How much do retirement savers need to accumulate? What do you think? Is $1,000,000 the number people should be aiming for to live a comfortable #retirement? If not, what are the more important variables? #fiduciary #401k #IRA
[bpfb_link url=’http://nowitcounts.com/do-you-need-million-dollars-in-retirement/’ title=’retirement: It's Never Too Late…[Read more]