plan design
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Plan Design Matters
- June 29, 2020
- Posted by: Jeff Atwell
- Category: Economics, Financial Plan, Resources
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As plan sponsors begin to evaluate their plans and the impact that the COVID pandemic has had on their retirement plan, the importance of plan design becomes clear. As the country emerges from the COVID pandemic, the time could not be better to prove the private retirement system provides a much better resource for participants to reach their retirement goals. Discussing with plan sponsors and implementing the 3 topics discussed in the DCIIA article will go a long way towards proving the private retirement system is better than any state or federally run private sector retirement plan.
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Are State Sponsored Retirement Plans the Answer?
- June 9, 2020
- Posted by: Jeff Atwell
- Category: Economics, Financial Plan, Resources
Over 28 states are in the process of developing a state sponsored plan and 12 states have implemented a state sponsored plan. While there has been a debate on the subject for several years, private sector retirements continue to be the best resource for private sector employers to provide retirement benefits for their employees.
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SECURE Act Increases Access to Retirement Plans with “Pooled Employer Plans”
- May 22, 2020
- Posted by: Jeff Atwell
- Category: Economics, Financial Plan, Resources
PEPs, or Pooled Employer Plans, will provide a very efficient way for a business owner to provide retirement benefits for employees; however, the plan must always remain in the best interest of the participants and beneficiaries covered by the plan. We’re looking at the provisions of the SECURE Act that dictate how PEPs can be used, and factors that need to be considered.