Author Archives: Jerome.Pfeffer

UNDERSTANDING 401(K) LOANS

Posted on by Jerome.Pfeffer

The recent enactment of the Tax Cuts and Jobs Act of 2017 (TCJA) makes changes to 401(k) loan repayment options, which should prompt plan sponsors and plan administrators to re-evaluate their existing loan program, processes and procedures.  This article will … Continue reading

THE DOL RULE IS DEAD, BUT YOU’RE STILL A FIDUCIARY

Posted on by Jerome.Pfeffer

The DOL Rule is Dead On June 21, 2018 the 5th Circuit Court of Appeals vacated the requirements of the U.S. Department of Labor’s (DOL) Conflict of Interest Rule—more commonly referred to as the “DOL Fiduciary Rule”—thus killing the rule … Continue reading

VIDEO: STRETCH THE MATCH

Posted on by Jerome.Pfeffer

As an employer, would you like to maintain your company’s profit sharing contribution and, at the same time, encourage your employees to save more? Stretch the match! Help your employees to reach, stretch, and strengthen for their retirement.

INFOGRAPHIC: MAKING THE MOST OF YOUR EMPLOYER MATCH

Posted on by Jerome.Pfeffer

More than 1 in 5 employees do not contribute enough to their 401(k) to receive your full employer match.[1]  Your employees might not fully understand how to take full advantage of it or what they are missing out on… Download … Continue reading

HEALTH SAVINGS ACCOUNTS: FEATURES YOUR EMPLOYEES MAY THANK YOU FOR

Posted on by Jerome.Pfeffer

For the majority of future retirees, medical expenses pose significant risk to any retirement plan, and they are only projected to rise. Medical cost estimates for couples throughout their full retirement, assuming both partners are 65, has increased $15,000 from … Continue reading

INFOGRAPHIC: THE COST OF FINANCIAL STRESS

Posted on by Jerome.Pfeffer

Many financially stressed employees confess to spending 3+ hours of their work week distracted by personal finances[1], that’s 156 hours per year. This means you could be losing up to $5,260 per employee![2] So, what can employers do? Here are three … Continue reading

THE FINANCIAL MARATHON

Posted on by Jerome.Pfeffer

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 … Continue reading

A GUIDE FOR EMPLOYERS DEALING WITH MISSING PARTICIPANTS

Posted on by Jerome.Pfeffer

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 … Continue reading

VIDEO: SAFE HARBOR PLANS

Posted on by Jerome.Pfeffer

If you are a fiduciary to a traditional 401(k) plan, there’s a chance you might be inclined to annual non-discrimination testing. A Safe Harbor Plan can eliminate the need for annual non-discrimination testing. Not sure if your plan qualifies? Check … Continue reading

INFOGRAPHIC: HARNESSING THE POWER OF COMPOUND INTEREST

Posted on by Jerome.Pfeffer

As an employer that sponsors a 401(k) plan, encouraging your participants to make small changes in their spending habits can help them harness the power of compound interest! Download and save our infographic to service your participants by giving them … Continue reading

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