retirement plans
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Settlor and Administrative Expenses: What’s the Difference?
- February 19, 2019
- Posted by: Jeff Atwell
- Category: Resources
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The Department of Labor has recently focused on the payment of settlor expenses from plan assets. The DOL has, for a long time, taken the position that there is a class of discretionary activities which relate to the formation, rather than the management, of plans. These activities are referred to as “settlor functions” and they generally include decisions relating to the establishment, design and termination of the plan. Settlor expenses differ from administrative expenses, and it’s important to understand each.
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Redefining Defined Contribution Plans for the 21st Century
- February 7, 2019
- Posted by: Jeff Atwell
- Category: Resources
This 2018 article by Willis Towers Watson redefines Defined Contribution plans in a way that is helpful for 2019 and beyond. The resource looks at ten areas comparing the 21stcentury retirement plan to a 20th century retirement plan. The private retirement system has to evolve in order to preserve our profession. The 10 areas outlined in