We proudly announce that Lisa Pettis and Lindsay Luketic have been nominated for the 2024 NAPA Top Women of Excellence award, a prestigious recognition celebrating the most impactful women in the retirement plan industry.
Lisa and Lindsay’s dedication, leadership and contributions have significantly impacted our organization and set a high standard across the industry.
Congratulations on your nominations, Lisa and Lindsay! We look forward to celebrating your continued success.
Planning for retirement means making the right choices based on your career, income, and long-term goals. With so many options available, understanding the differences between retirement accounts can help individuals and businesses make informed decisions. Renn Williams was recently featured in U.S. News & World Report, sharing insights on various retirement savings options, including solo 401(k), 403(b), 457(b), IRAs, and Health Savings Accounts (HSAs), outlining how each plan works and who may benefit from them. Renn addressed factors like tax benefits, contribution limits and administrative requirements, highlighting the importance of selecting a plan that aligns with both short- and long-term needs. …
This video is the final installment in our four-part series on Plan Design, focusing on how to create a well-structured loan policy within your retirement plan. Retirement plan loans are intended as a last resort for emergencies, but participants often use them for everyday expenses. This can create risks for both participants and plan administrators. Establishing clear guidelines in your loan policy can mitigate these risks and protect participants from potential financial strain. Consider these best practices for loan policies: Effective loan management also involves ensuring payroll deductions are accurate and timely. Some recordkeepers offer tools like payroll integration, linking bank accounts for…