As an industry-leader, we’ve spent countless hours educating plan participants and encouraging them to save for retirement. We provide education on an alphabet soup of retirement jargon--tax advantages, compound interest, automatic enrollment, asset allocation, capital preservation and more. However, there are often other issues that affect an employee’s ability to contribute to the plan—credit card [...]
You might have seen coverage in the news media about money market reform. Since these rules go into effect in October, the topic is getting more coverage. The SEC has imposed these new rule amendments to address potential financial instability caused by money market funds. The changes are complicated and include liquidity fees and redemption [...]
Update! Monday, May 30th - The markets will be closed for Memorial Day, as will Randall + Hurley. Wishing everyone an enjoyable and safe long weekend!
MEETING YOUR FIDUCIARY RESPONSIBILITIES As an employer, the Department of Labor has strict rules that govern what you must do as a fiduciary. Our guide to fiduciary responsibilities explains those obligations in more detail. For more information contact us!
Randall + Hurley April Newsletter [iframe src="https://eepurl.com/bYC9Yf" width="100%" height="800"]
Randall + Hurley March Newsletter [iframe src="https://eepurl.com/bTSlIT" width="100%" height="800"]
The Department of Labor is planning to undertake a long-term research project to learn how retirement planning strategies and decisions evolve. Relatively little is known about how people make planning and financial decisions before and during retirement. Prior to beginning this undertaking, the DOL wants your feedback about the usefulness of this data and the [...]
Update! Friday, March 25th - markets will be closed for Good Friday. Randall + Hurley will remain open until 2pm.
Randall + Hurley February Newsletter [iframe src="https://eepurl.com/bQC4xn" width="100%" height="800"]
The IRS now allows safe harbor plans to amend their plan document mid-year (and also retroactively to the beginning of the plan year). Unless specifically prohibited in the ruling or in other regulations, all amendments are now permitted. Prohibited amendments include: Increase vesting under QACA Reduce employees eligible for safe harbor contributions Change the type [...]
