Latest 401 Stories

In this new role, Paula Lewis will oversee the Defined Contribution, Technical & Legal Compliance, Participant Services, and Client Support Services departments. She will report directly to CEO, Mike Spickard. Akron, Ohio (PRWEB) May 10, 2013 Tegrit Group is pleased to announce Paula M. Lewis as Vice President of Retirement Plan Services. In this new role, Paula Lewis will oversee the Defined Contribution, Technical & Legal Compliance, Participant Services, and Client Support...

Retirement Manager offers individualized, tax-efficient retirement drawdown strategy, enhanced liability-driven portfolio methodology, and more holistic advice CHICAGO, May 6, 2013 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has announced the next generation of Morningstar(®) Retirement Manager(SM), an advice and managed account service for defined contribution participants in the United States. Together, Morningstar's...

Despite higher 401(k) balances, only 12 percent of plan sponsors felt employees will be ready for retirement NEW YORK, May 2, 2013 /PRNewswire/ -- A recent Deloitte survey found that employee retirement readiness continues to be a top priority among more than three-quarters (78 percent) of 401(k) plan sponsors. Additionally, while 401(k) balances are at an all-time high with surveyed plan sponsors reporting average account balances of just above $85,000, only 12 percent of plan...

Financing leader rolling retirement funds into self-directed IRAs to protect pilot pensions with special deal BELLEVUE, Wash., March 19, 2013 /PRNewswire/ -- In light of recent news about American Airlines pilots being forced to move their 'B-fund' retirement monies due to the airline bankruptcy, many are turning to Guidant Financial to save their retirement investments. Several pilots have already reached out to Guidant to roll over their retirement funds into a self-directed IRA,...

BRYN MAWR, Pa., March 14, 2013 /PRNewswire-USNewswire/ -- According to new research recently completed by the State Farm® Center for Women and Financial Services at The American College, roughly six in ten women of color save for retirement in order to avoid becoming a burden to their children. This concern was strongest among Asian women with more than two-thirds agreeing that it was important to avoid being a burden to the next generation; compared to 59 percent of...

2013 HSA Contribution Limit is $3,250 for a Single and $6,450 for a Family Park City, Utah (PRWEB) March 11, 2013 Today, Zane Benefits, Inc. published new information on Health Saving Account (HSA) contribution limits. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in defined contribution and health reimbursement arrangements. According to Zane Benefits’ website, an HSA (or Health Savings Account)...

Two West Advisors and Spencer Fane Britt & Browne LLP Offer Free Webinars/Workshops and Professional Advice to Plan Sponsors Facing Fiduciary Questions OVERLAND PARK, Kan., Feb. 28, 2013 /PRNewswire-iReach/ -- Two West Advisors and Spencer Fane Britt & Browne LLP have teamed up to offer The 401(k) Benchmark Solution(TM) to employers who sponsor defined contribution retirement plans. The 401(k) Benchmark Solution(TM) helps employers satisfy new fiduciary duties under Section...

PITTSBURGH, Feb. 21, 2013 /PRNewswire/ -- fi360, the premier organization for fiduciary education, investment analytics, support services and industry insights for financial professionals, today announced it has acquired Financial Service Standards, LLC (FSS), a Pittsburgh-based organization that specializes in training retirement plan advisors and developing practice management resources. FSS is best known for its 401k Service Training Program, an educational program designed for...

CHICAGO, Feb. 19, 2013 /PRNewswire/ -- As target-date fund investing takes hold in 401(k) plans, the target date fund is evolving. On February 12th, Russell Investments introduced Russell Adaptive Retirement Accounts for institutional plan sponsors to offer their retirement plan participants a personalized asset allocation strategy that considers factors beyond age, and is automatically updated over time for each participant. According to the December 2012 ICI Research...

CLARKSTON, Mich., Sept. 20, 2012 /PRNewswire/ -- Clarkston, Mich.-based Freedom One Financial Group, a 401(k) plan recordkeeping and administrative service provider, announced today that Freedom One Investment Advisors, Inc. will provide 401(k) plan advisory services for Sterling Heights, Mich.-based Custom Data Solutions. Freedom One Financial Group Vice President of Strategic Growth & Development Errol Hau made the announcement. Custom Data Solutions was founded as a software...