by Matthew Spay | Nov 26, 2019 | Blog
This past March, almost 10 years after the “new” Fiduciary and Best Interest Contract (BIC) rules were first proposed, the Fifth Circuit of the U.S. Court of Appeals vacated the rules in their entirety. The Department of Labor (DOL) elected not to appeal to the...
by Matthew Spay | Nov 21, 2019 | Blog
IRS Announces 2019 Retirement Plan Limits IRS Limits on Retirement Benefits and Compensation As published in IRS News Release IR-2018-83, Nov. 1, 2018 2019 2018 2017 401(k), 403(b), 457 Elective Deferral Limit $19,000 $18,500 $18,000 Catch-Up Contribution...
by Matthew Spay | Nov 19, 2019 | Blog
With the recent market volatility, it’s understandable that you may be concerned about your investments. Volatile markets can make you wonder if you’re on track to meet your retirement goals. Don’t be discouraged and most of all, don’t panic. Instead, be...
by Matthew Spay | Nov 14, 2019 | Blog
Welcome to Hey Joel! This forum answers plan sponsor questions from all over the country by our in-house former practicing ERISA attorney. Hey Joel, Can I avoid an audit by splitting my employees into two plans? ~ Fingers Crossed in Florida Dear Fingers, There...
by Matthew Spay | Nov 12, 2019 | Blog
A retirement plan is important to your business — and to all the employees relying on it for income later in life. However, mistakes and confusion can turn retirement plans from an attractive benefit into a liability. A properly administered retirement plan avoids...
