Sentences with phrase «plan participants»

Despite the popularity of one - stop target date funds, about 63 % of retirement plan participants still choose their own investments.

It should be an active decision to guard against risk and operate in the best interest of plan participants.

Employee stock purchase plans allow for plan participants to purchase company stock at a discounted rate of up to 15 % (subject to your specific plan rules, of course).

As in previous years, plan participants who will be 50 years of age by the end of the year will be able to make a «catch - up» contribution.

Service cost refers to the present value of the projected retirement benefits earned by plan participants in the current period.

Successfully defended a financial institution and its pension plan against a claim by plan participants for additional retirement benefits.

However, there is one main drawback — fear from plan participants.

Certainly having a «one - click solution» for defined contribution plan participants offers a lot of advantages.

Providing plan participants with important information such as the major features of the plan and how the plan is financed.

Much has been written and discussed about reducing the vulnerability of retirees during retirement but very little about reducing the vulnerability of investment firms when plan participants reach retirement.

The data include demographic information, annual contributions, plan balances, asset allocation, and loans, and are currently the most comprehensive source of information on individual plan participants.

Choosing the right fiduciary partner will assure your plan is executed in a manner that benefits both your organization and plan participants through their retirement years.

Most plan participants will pay the standard monthly premium amount, which is.

We place significant emphasis on educating plan participants, so they can be better equipped when making retirement and other financial wellness decisions.

When notification takes place, it triggers a program to provide free contraception coverage for health plan participants.

Some defined contribution plans allow plan participants to take hardship withdrawals from their plans based on financial needs, such as medical or tuition bills or funeral expenses.

This Issue Brief analyzes contribution decisions among plan participants in three large 401 (k) retirement saving plans.

For active qualified plan participants, a tax deduction may be available - depending on income levels and marital status.

The aging domestic population will continue to impact the defined contribution and 401 (k) market as older plan participants enter retirement and begin to withdraw investments to fund living expenses.

Open separate accounts and authorize each enrolled plan participant or the plan administrator to direct the investment activity.

Choose from these options: $ 0, $ 100, $ 250, $ 500, $ 1,000, $ 2,500 per plan participant per period of coverage.

Many savings plan participants fall victim to the belief that they have to take their money out of their savings plan when they retire.

An annual review of your retirement plan is an important step in identifying existing or potential issues that may cause compliance troubles or adversely impact plan participants.

This focus on asset balances may seem trivial, but the effect on the security of retirement income — especially for lower - wage 401k plan participants — is huge.

One of the challenges that defined contribution plan participants face is how to turn their savings into income that will last through the end of their lives.

Given the complexity and uncertainty of today's financial markets and economy, it is no wonder that plan sponsors and plan participants continue to appreciate the benefits of stable value.

The trustee's tilt toward affiliated funds need not affect plan participants, however, according to the paper.

In fact, in 2010, 18 % of 401 (k) plan participants took out a loan.

An innovative, cost - effective retirement platform that empowers plan participants and highlights the value of an independent financial advisor's advice and guidance.

The problem is that very few plan participants use it, let alone understand it.

Would plan participants accept a 7 %, 8 % or 9 % default savings rate?

In any case plan participants should review and do their best to understand this data.

Whereas 44 % of plan sponsors said employees were responsible for their own retirement savings and investing decisions, 77 % of plan participants insisted they had sole responsibility for these decisions.

About seven years ago, I encountered a circumstance in which a university was listed as the primary beneficiary of a deceased plan participant's workplace retirement account.

They have the fiduciary duty to pick investments that are in the best interest of plan participants, otherwise they open themselves to a lot of risk.

Our preference is to meet with individual plan participants to ensure their portfolios represent their risk tolerance and investment objectives.

An annuity contract entered into between an insurance company and an owner for the benefit of a designated group, such as retirement plan participants.

It would require a 40 % increase in contributions by plan participants which they simply can not afford.

For many plan participants, the goal of a retirement account is to provide a steady stream of income that will sustain their standard of living in retirement.

All benefits shown below are per plan participant and per coverage period unless otherwise stated.

«Additionally, 39 % of DC plan participants who chose an annuity say they received a projection estimating how many years the money in their DC plan would last, compared to 30 % who chose a lump sum,» MetLife reports.

«Among DB plan participants who were given a choice between a lump sum or an annuity, fewer than half (45 %) said that, at the time they made their decision, they recall being presented with information comparing the total amount of the lump sum versus the total value of the annuity payments,» MetLife's analysis continues.

Retiree - A pension plan participant who has begun collecting benefits from the plan or from PBGC.

Equipped with the step - by - step, straightforward information provided in 401 (k) Conspiracy, small businesses will be empowered to cut through the severely flawed 401 (k) plans currently being pushed by the big brokerage houses while examining realistic solutions to help plan participants receive the best possible returns on their investment.

According to a recent Fidelity Investments survey, 71 % of defined benefit plan participants said they do not have detailed knowledge of how the plans operate.

Nearly half of plan participants do not understand their benefits materials — and most don't even open or read the information, says the International Foundation of Employee Benefit Plans (IFEBP).