turkey

Let’s Talk Turkey

Frightening headlines abound today about Turkey. Fears about how the plunging Lira could pose a risk to the country that serves as a geographic buffer between Europe and Syria, President Erdogan threatens that Turkey may go searching for “new friends” like Russia and Iran if the US doesn’t start showing some respect and terms like…

the financial marathon

The Financial Marathon

A Marathon for Everyone Recently, I went to cheer on a friend running in her first marathon. The excitement of watching thousands of people accomplish such an amazing goal was an experience like no other. I waited at the last bend before the finish line so I’d have a good vantage point for cheering my…

financial stress

Infographic: The Cost Of Financial Stress

What’s the real cost of financial stress for employees? These eye-popping statistics on the weight of financial worries within the latest infographic from Fiduciary Financial Partners are hard to ignore. Fortunately, there are real things that employers can do to help their people have a more positive perspective in regard to the road ahead. It starts with…

A Guide For Employers Dealing With Missing Participants

Locating missing plan participants can be a headache for any employer, but simply ignoring them is not an effective solution. Regulatory agencies in previous years have published guidance on this topic relating to missing “retired” employees. With the increase in the number of “pre-retired” missing plan participants, governmental bodies are now taking additional measures to…

2018 Contribution Limits for 401(k) Plans

Infographic: 2018 Contribution Limits for 401(k) Plans

Are you aware of how 401(k) contribution limits are different from last year to this year? If not, today’s infographic from Fiduciary Financial Partners has you covered. Take a closer look at how such areas as defined contribution limit, maximum contributions and defined benefit limit among others have changed. For a more in-depth conversation about 401(k) contributions,…

what's in your fiduciary vault

Infographic: What’s In Your Fiduciary Vault?

Keeping proper documentation is a good way for plan sponsors and fiduciaries to show compliance with applicable laws and regulations. If the Department of Labor (DOL) or Internal Revenue Service (IRS) knocks on your door, there are certain documents that should be complete and on file. So, what should you have in your fiduciary vault? Take…

Infographic: Managing Your Fiduciary Duty

Managing a company 401(k) is a big responsibility and understanding all of the potential features and possibilities is almost like another full-time job. As evidenced by our infographic, there are 5 major responsibilities a fiduciary can have. If you’re feeling overwhelmed with your fiduciary responsibility, let’s talk more about it today. Call Nick Economos and…

Benchmarking 401k funds

Benchmarking Your 401(k) Funds

Benchmarking is a retirement plan best practice that allows plan sponsors the opportunity to “take a peek under the hood” of their 401(k). The process allows you to compare your plan to similar plans, measuring key metrics such as participant saving and participation rates, fee reasonableness and service providers. Benchmarking should be a key part…