August / September
Showing 465–469 of 469 results
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Carrot, meet stick – Use your estate to motivate with an incentive trust
August / September 2008
Newsletter: Trendlines
Price: $225.00, Subscriber Price: $157.50
Word count: 681
Abstract: Many people think of their estate plan as, ultimately, a passive concept. That is, it can transfer your wealth to beneficiaries, but it can’t really give them your wisdom or help them make sound life choices. This article looks at one way to shift this paradigm — with an incentive trust, which sets guidelines for how a beneficiary becomes eligible to benefit from the trust.
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How to identify and correct SIMPLE or SEP plan errors
August / September 2008
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 395
Abstract: The IRS is well aware that some plan sponsors and administrators struggle to keep their Savings Incentive Match Plans for Employees (SIMPLEs) and Simplified Employee Pension (SEP) plans in compliance. This brief article outlines what plan sponsors and administrators of these types of plans should be aware of, and the resources available to correct plan failures.
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Education never ends – Keep your plan participants up to date
August / September 2008
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 631
Abstract: Plan sponsors have a fiduciary responsibility to educate their participants in retirement planning. Many plan sponsors believe they have education covered with normal vendor/broker enrollment meetings and stuffers sent in the participant statements. Although these offerings are a good start, several studies by a Stanford University economics professor have shown that these passive forms of education are ineffective and often ignored by participants. This article discusses how education can affect your employee benefit plan.
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Are your plan documents ready for EGTRRA restatement?
August / September 2008
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 818
Abstract: It’s common for qualified retirement plans to use preapproved IRS plan documents. The IRS, however, has “restated” many of the prototype documents this year to comply with the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), and plan sponsors will need to restate their plan documents to match those of the IRS by April 30, 2010. This article takes a look at what this means for plan sponsors.
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Defining the role of a plan fiduciary
August / September 2008
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 924
Abstract: If you’re a retirement plan sponsor, no doubt you’ve heard or read the term “fiduciary” quite a bit. But does it include you? If it does, should you worry about innocent plan mistakes or only significant reporting matters? This article helps define who is a plan fiduciary and discusses the implications for plan sponsors.