403b

Don’t Take Forfeitures for Granted
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
Retirement plans have long subjected employer contributions to vesting schedules, rewarding tenure by increasing the participant’s ownership in those contributions in proportion to their years of service. However, several law firms have recently challenged this long-standing and common practice, arguing that using forfeitures to offset employer contributions is not in the best interests of participants  Read More →
The Retirement Planning Gap Affecting Two in Three Investors
Team SummitEmployee Outcomes, Employer Resource Center, Plan Operations & AdminComments are off for this post
Despite the importance of retirement planning, a staggering 67% of investors admit to spending no time at all working on it in a typical month, according to a recent survey conducted by the Nationwide Retirement Institute. That’s a vast majority of investors failing to take even small steps toward securing their financial future. For plan  Read More →

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