5 posts found for category: Retirement

Recently, the Department of Labor (DOL) has announced two interim rules under the Federal Civil Penalties Inflation Adjustment Act of 2015 that aims to significantly increase the penalties under Employment Retirement Income Security Act (ERISA). As per the new rules added, agencies now have to make “catch u[...]
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It’s a real good news for the members of financial advice industry as well as individual investors! As the Department of Labor launched the new rule for financial advisors- “fiduciary rule”, bringing the interest of investors first by setting fiduciary standards for advisors. With the much anticipated rule, it is being said that arou[...]
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The concept of retirement has taken a long leap in terms of complexity. Those days are long gone when everybody used to retire at the same age. Today’s generation is forced to work till an older age due to the insecurities developed through recent recession. Along with that, legislation and business practices are also altering the retirement age more and more.Adding to the complexity, providing pe[...]
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In 2015, there will be a noticeable shift in focus areas of employers related to employee compensations and benefits. More focus will be on retirement programs.Since defined contribution plans have become primary retirement vehicle and employers address health plans in order to alleviate Cadillac tax effects, bringing retirement and health together is a preferable option. Emplo[...]
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Offering a 401(k) plan to employees is a rarity in small and midsize companies. Though the plan is one of the most valued and at the same time gives organizations a competitive edge in attracting and retaining talented employees, not many companies having a smaller employee base provide it. Apparently, many business owners believe that offering the plan could cost too m[...]
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