• Plan Sponsors Ask…
    April 30, 2019 - Q: One of our 2019 goals is to provide financial education to our employees. There are many companies and individuals providing this kind of education; how can we pick the right one for our company? A: Congratulations on making the decision to move ahead with financial education! When employees have a better grasp on budgeting and other financial basics, they may be better equipped to... Continue
  • TRA Introduces Julie Costello, New Regional Sales Consultant
    April 25, 2019 - 26-Year Seasoned Sales Consultant to Drive Sales for TRA for the OH/IN/MI/KY Territory APPLETON, WIS. (April 25, 2019) – The Retirement Advantage, Inc. (TRA), an industry-leading national retirement services company is pleased to announce the hiring of Julie Costello as their latest Regional Sales Consultant. Costello’s focus is educating advisors and clients on the best plan design for their retirement plan. She will be covering... Continue
  • Trends for which Retirement Plan Sponsors Should Look
    April 23, 2019 - Wondering where plan sponsors will be focusing their interest and efforts in 2019? We turned over a few stones and found some ideas. Here are a few of them: Getting those holdouts into the plan The low-hanging fruit, aka employees with a lot of interest in their future and the ability to save, joined the 401(k) plan right away. The next wave took some persuasion,... Continue
  • The Retirement Advantage Hires New York / New Jersey Regional Sales Consultant
    April 18, 2019 - APPLETON, WIS. (April 18, 2019) – The Retirement Advantage, Inc. (TRA), an industry-leading national retirement services company is pleased to welcome Sean Czepiel to their Regional Sales Consultant team, reporting to Jeff Schreiber, TRA’s Director of Sales. Czepiel will be partnering with financial advisors and wholesalers in this area to design and implement optimal retirement plan concepts for privately-held businesses. “This is a great time... Continue
  • Will A Cash Balance Plan 401(k) Combo Secure Your Retirement?
    April 16, 2019 - Tax deductions are hard to come by, especially those that directly reduce ordinary income dollar for dollar. With many federal, state and local tax increases in place, Cash Balance Plans now have a greater impact than ever, reducing your tax burden and accelerating retirement savings. Small business owners can play catch up for retirement and dramatically reduce their tax liability with a stacked approach to... Continue
  • What is the deadline for an employer to adopt a restated version of an IRS pre-approved plan?
    April 11, 2019 - A pre-approved retirement plan is a plan sold to employers by a document provider such as a financial institution or benefits practitioner. The document provider is the “pre-approved plan provider.” The document provider requests IRS approval (“pre-approval”) of a defined contribution or defined benefit plan document as meeting the requirements of Internal Revenue Code Sections 401, 403(a) or 403(b). The pre-approved plan provider then makes the IRS-approved... Continue
  • The Importance of Financial Wellness
    April 11, 2019 - Surprising employer response in 2018 It’s interesting to compare changes year by year, but over time is when real results emerge. That’s often true in retirement plans; while there may be small, incremental changes in enrollment, investments and plan design one year to the next, comparing decades can be much more illuminating. One example is the popularity of target-date funds. These are funds which gradually... Continue

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