retirement

Fiduciary Hot Topics – Fall 2021
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary Governance, Plan Investments, Plan Operations & AdminComments are off for this post
Get cozy and settle in as we ‘spill the tea’ on the latest retirement plan updates. From ESG fund usage and class-action lawsuit chatter to Social Security and retirement reforms, there has been plenty of recent activity in the retirement plan landscape. New Department of Labor Regulations Will Greenlight the Use of ESG Funds in  Read More →
2022 Retirement Plan IRS Limits
Team SummitEmployee Financial Resource Center, Employee Outcomes, Employer Resource Center, Financial Planning, Plan Operations & Admin, Retirement PlanningComments are off for this post
With 2022 just around the corner, it’s important to keep in mind the newly-released IRS retirement contribution limits for the new year. The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan has increased to $20,500. The catch-up contribution limit for employees aged 50 and  Read More →
Generational Influences and Behavioral Finance
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Understanding generational attitudes toward investing and the cognitive biases is critical toward helping employees prepare for their financial future. The inherent generational biases and attitudes could lead participants astray, so understanding these differences becomes key to helping employees of all ages improve their financial wellness and prepare for a secure and successful retirement. Boomers Baby  Read More →

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