All posts by: Erick Arndt

IRS Opens 401k Plan Restatement Window. Here’s Why You Should Care

Is your 401k advisor meeting with your employees to provide them the advice and guidance they need to pursue their retirement income goals?... Read More

Tax Deduction and Identity Protection Reminders For Your 401k Retirement Plan Participants

Is your 401k advisor meeting with your employees to provide them the advice and guidance they need to pursue their retirement income goals?... Read More

Do Your Employees Know When to Take Their Social Security Benefit?

Is your 401k advisor meeting with your employees to provide them the advice and guidance they need to pursue their retirement income goals?... Read More

Adding Social Conscious Funds to Your 401k Plan

In the next edition of “Ask Erick”, we discuss a rapidly growing trend in the retirement plan industry… adding social awareness funds to your 401(k) Plan lineup.   Q: Hey Erick! We are interested in adding socially conscious investments to... Read More

Bridging the Gap Between Plan Sponsors and Their Fiduciary Responsibility

Since 1974 when ERISA was first enacted, plan sponsors have understood the “prudent person”1 rule that they must follow as fiduciaries, and the personal liability they face for losses caused by a breach of that duty.2 Today, new regulations mandating full... Read More

Fiduciary Issues and Coronavirus: What You Should Know

They may have moved to the figurative back seat for a while, but retirement plan fiduciary issues did not stop during the Coronavirus pandemic. As you sift through what has happened in the last few months, you’ll want to pay... Read More

Ask Erick: Can an Employee Not Sign a 401k Beneficiary Document in Person During Coronavirus?

Q: Hi Erick, one of our workers wants to designate his children, rather than his wife, as beneficiaries of his 401(k) plan accounts. He is required to sign the documents in front of a live witness, but because of COVID-19,... Read More

Ask Erick: Did Many Employees Take Money Out of Their 401k During Coronavirus?

Did many employees take as much money as they could out of 401(k) plan?... Read More

SECURE Act Changes Loom

Check these items off your to-do list Remember 2019? It was in December of that year (which seems very long ago now) that the SECURE Act was signed into law.  Today, as COVID-19 continues raging around the world, the SECURE... Read More
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