May 8, 2017
The Conundrum of State-Run Retirement Plans

This week the Senate narrowly voted to overturn a Department of Labor policy that would have helped states offer retirement plans. Most agree that offering retirement plans to the estimated 55 million Americans who don’t have access to workplace plans would be a good thing, but some argue that these types of plans should be handled by the private sector.

March 12, 2017
How The DOL’s Delay Will Help The 401k Fiduciary Rule

This article discusses potential consequences to the Department of Labor’s fiduciary rule, including increased cost of advice, limited access to advice, limited access to retirement services for small businesses and decreased availability for IRA rollovers to plan participants. The delay allows policymakers time to further examine these potential consequences. 

February 7, 2017
What’s The Next Step In 401k Plan Design?

Automatic plan design features have made it easier for employees to save in 401k plans. Now it’s time to make it easier for participants to keep their retirement assets intact, as noted in this article in 401K Specialist Magazine.

November 29, 2016
First Rule Of Retirement Income: What It Is, Why It’s Important

The first rule of retirement income hasn’t changed: Taking money from a qualified account before retirement - through cashouts, loan defaults, or hardship withdrawals - is almost always a costly mistake as noted in this article in 401K Specialist Magazine

August 30, 2016
How The Candidates View The 401k Fiduciary Rule

The Department of Labor (DOL)’s fiduciary rule is scheduled to take effect in April 2017, but that doesn’t mean the fight is over. It’s an election year - and the Republicans and the Democrats have very different views of the new rule as this article in 401K Specialist Magazine points out. 

August 10, 2016
A New Set Of 401k Best Practices For IRA Rollovers

The U.S. Department of Labor (DOL)'s Conflict of Interest Rule is the newest challenge before us. Depending on the outcome of pending legal challenges, it has the potential to significantly affect the ways in which firms and advisors conduct business in the qualified retirement plans arena as noted in this article in 401K Specialist Magazine.

July 25, 2016
Five Steps Plan Sponsors Can Take Now to Prepare for Final DOL Fiduciary Ruling

All the players on a plan sponsor’s team—employees and the various service providers that are critical to plan operations—are equally concerned about their individual fiduciary responsibility under the newly expanded Fiduciary Rule. At this point, most don’t know where they stand. Can they still advise someone to move from a plan to an IRA?

July 15, 2016
Surprise (Not)! 401k Fiduciary Rule Uncertainty Continues

Just when plan sponsors began to understand the boundaries of fiduciary responsibilities and the opportunities for participant education, uncertainty has once again claimed the day as noted in this article in 401K Specialist Magazine.

July 13, 2016
Does one of the 50 States Have Some of Your Retirement Savings?

It's important to stay in touch with a former employer when retirement savings are left behind. All too often, former employees become missing participants. Last year, states' unclaimed property funds held almost $42 billion - and some of that money came from retirement funds.

May 27, 2016
So, You Inherited a 401k ...Now What?

Beneficiaries have many options when they inherit 401(k) assets, though some only apply to spouses of the deceased plan participant. This article in 401K Specialist Magazine discusses the importance of helping plan participants understand the rules that may apply to 401k plan assets that are inherited.

May 6, 2016
How After-Tax Contributions Become Tax-Free Retirement Income

This article published in 401(K) Specialist Magazine discusses how the 2014 IRS ruling clarifying the rollover of after-tax contributions into Roth accounts gives serious savers the opportunity to significantly increase the amount of tax-free assets they can accumulate, as well as the amount of tax-free retirement income they have the potential to generate throughout retirement.  

May 1, 2016
Who's Afraid of Fintech?

This article was featured in Private Asset Management's PAM Magazine. While some wealth advisors continue to shy away from the digital evolution, many are starting to integrate financial technology programs into their traditional businesses. In the article, Millennium Trust Company CEO, Gary Anetsberger, discusses how Millennium Trust's tech products improve an advisor's traditional offerings a

March 31, 2016
Uncashed 401(K) Checks: An Issue That’s Gaining Attention

Until recently, uncashed distribution checks were thought to be a relatively minor issue for retirement plans. However, the dimensions of the issue have changed during the past decade and are an issue that has gained the attention of the U.S. Department of Labor (DOL).