What Does Vesting Mean? What is a Retirement Plan Vested Balance? Dr. 401(k) answers a participant's recent questions about retirement plan vesting. What does vesting mean? What is a vested account balance? Why is a vested account balance sometimes less a than total account balance? August 17, 2019 By Dr. 401(k) Education vesting, vested, compliance, unvested, vested account balance Comments Read More >>
Wrap Document to Comply With ERISA Summary Plan Description (SPD) Requirement Virtually every private sector employer offering employee benefit plans is subject to certain ERISA requirements. Any such employers must provide an SPD to paraticipants. Failing to comply can be very costly for employers. Insurance carrier documents are generally inadequate. One solution for employers is to use an ERISA Wrap Document or Wrap SPD. August 15, 2019 By Petros Koumantaros Education erisa, wrap spd, wrap document, plan document, welfare benefits, employee benefits, healthcare, wrap Comments Read More >>
Retirement Plan Provider Guide Workplace retirement plans can be complicated. The compliance rules, investments, reporting, tax forms, and terminology are enough to make any plan sponsor’s head spin. Even the roles of service providers can be confusing. Our retirement plan provider guide enables plan sponsors to tear up all those business cards and get to the root of what each service provider does. June 5, 2019 By Petros Koumantaros Education providers, services, ERISA, education, guide Comments Read More >>
401k Plan Most Frequently Asked Participant Questions Do 401k plans seem too complicated? We answer the 401k plan questions most frequently asked by retirement plan participants. Included are answers to 401k plan questions on contributions, distributions, investments, retirement savings, and vesting. February 27, 2018 By Petros Koumantaros Education 401k, plan, faq, participant, questions Comments Read More >>
ERISA Workplace Retirement Plan Limits The federal government annually publishes updated qualified retirement plan limits, which impact the contributions, benefit accruals, and compliance of ERISA covered qualified retirement plans. This article provides summary tables with explanations of the changes to plan limits in recent history. February 16, 2018 By Petros Koumantaros Education erisa, 401k, limits, defined contribution, defined benefit, irs Comments Read More >>
Two Things Your Asset Allocation Strategy Must Do Asset allocation answers the question: How should I invest my account balance? The best strategies accomplish two things for investors. December 7, 2017 By Petros Koumantaros Education asset allocation, 401k, investing, investments Comments Read More >>