recordkeeping
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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
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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.
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Maintaining Your Recordkeeper Relationship
- November 21, 2018
- Posted by: Jeff Atwell
- Category: Resources
A key element in Defining a Retirement Plan Standard of Excellence is plan governance. Plan fiduciaries should have a good understanding of the services being provided by all the service providers of the plan. There are some important areas to consider in regard to the recordkeeper providing services to the plan, such as compensation, fees, and evaluation of the plan.