401k

DOL Issues Updated Electronic Disclosure Rules
Team SummitEmployer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
With mounting pressure to streamline retirement plan notice delivery and to help ensure delivery requirements can efficiently be met, the Department of Labor has issued updated electronic disclosure rules in the form of a new electronic delivery safe harbor provision. The new safe harbor permits the following two optional methods for electronic delivery: Website Posting  Read More →
Why You Need to Communicate with Employees
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Many businesses have started to understand how vital it is for employees to understand their retirement options, and are increasingly including employee education in fiduciary risk management, whether it’s in the form of one-on-one counseling or educational seminars. Take a look at these reasons why you should constantly communicate with and educate your employees. Gossip  Read More →
Four Basic Steps for a Successful Retirement
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial Planning, Investment Management, Retirement PlanningComments are off for this post
We know that most plan participants are not financial experts, and that can make planning for retirement difficult. Fortunately, there are some basic steps that you can follow to work toward a successful retirement. Learn the basics of saving and investing Understand the basic types of investment products, like stocks, bonds, and money market accounts.  Read More →

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