Sentences with phrase «plan sponsors often»

However, plan sponsors often lack the skills required to properly discharge this obligation.

Because employees of the plan sponsor often perform health care operations and payment (e.g. plan administration) functions, such as claims payment, quality review, and auditing, they may have legitimate need for such information.

Not exact matches

The study suggests that plan sponsors can triple the often - used default rate of 3 % without decreasing plan participation.

Plan sponsors are often «advised» by retirement plan «consultants» who hide behind the low suitability standPlan sponsors are often «advised» by retirement plan «consultants» who hide behind the low suitability standplan «consultants» who hide behind the low suitability standard.

Sometimes referred to as life - cycle funds, target - date funds are a type of investment vehicle investors often see in their employer - sponsored retirement plans.

Required minimum distributions, often referred to as RMDs or minimum required distributions, are withdrawals that the federal government requires you to take annually from traditional individual retirement accounts (IRAs) and employer - sponsored retirement plans after you reach age 70 1/2 (or, in some cases, after you retire).

A Rollover IRA is a Traditional IRA that is often used by those who have changed jobs or retired and have assets accumulated in their employer - sponsored retirement plan, such as a 401 (k).

401 (k)- Employer - sponsored 401 (k) plans can often be a good way to invest in your future.

And this often involves increased risks that may not be fully understood by those plan sponsors.

«He (President George W. Bush) often talked about «To whom much is given, much is required,»» said Gerson, of the sponsor of the plan.

With a telephone call to a wealthy developer last week, de Blasio waded into the battle over a planned $ 250 million arts center on a pier in the Hudson River, known as Pier 55 and often called Diller Island, for its major sponsor, the entertainment mogul Barry Diller.

Such individuals often lack employer - sponsored health plans.

Museum, library and government - sponsored sites often offer teachers quality materials including innovative approaches, primary documents and complete lesson plans.

Purchase stock without commissions through company - sponsored DRP plans and often at below - market prices.

Experts suggest an additional annuity safe harbor regulation is unlikely and perhaps even unneeded for promoting greater use of in - plan lifetime income solutions, given that sponsors» hesitation is often misplaced.

The standard recommendation of life insurance coverage is 10 times your annual salary; this is not the perfect number for every family, but employer - sponsored plans often don't cover this amount.

Unfortunately, to protect against such revelations and tie sponsors down, plan providers often use back end loads and / or provisions to recapture returns on stable value funds, leaving many plan sponsors feeling trapped.

That said, lump sum payout offers often are attempts by the plan sponsor to reduce overall pension liability.

Second, if allowed, often they can rollover their retirement savings into a retirement plan sponsored by a new employer.

The importance of such distinctions was often lost on plan sponsors, fiduciaries, and participants.

Presented by: Pro Market Advisors In this webinar, sponsored by Scotia iTRADE, and presented by Shawn Howell and Rick Swope of Pro Market Advisors, attendees will learn that investors often make common mistakes that are easily avoided with a little knowledge and planning.

We preferred going direct if we could, but often there would be some fellow who had ingratiated himself with the plan sponsor, perhaps by providing other services to the pension plan, and he would become a gateway to the pension plan.

They are often motivated by the desire to maintain the status quo in which plan sponsors and participants are blissfully unaware of the compensation being paid for the services received.

Most employer - sponsored plans allow you to save painlessly through payroll deductions — often with a top - up from your company.

Individual and employer - sponsored retirement plans are often the largest assets most individuals will have for retirement.

At one point the trend in defined contribution retirement plans was to expand the investment menu and have self - directed brokerage accounts (SDBA) available, but with all the behavioral finance information that's been shared, plan sponsors and advisers understand that an expanded menu often confuses participants, noted Paul Temple, senior vice president for retirement sales at Oppenheimer Funds.

Often, it's best to stay with your employee - sponsored plan unless using Medicare would save you significant money (not generally the case).

Many employers don't sponsor workplace retirement plans, and ones that do but lack automatic features too often result in workers failing to participate.

There are other big financial institutions that offer investment advice for employer - sponsored plans, but they often have a hands - off management approach.

Chevron sponsored a workshop as part of ALEC's policy summit in Washington, D.C. that covered how the law «often negatively impacts and stifles energy development of all kinds,» according to a planning document (PDF).

The plan sponsor or employees of the plan sponsor are often the named fiduciaries.

However, employers and other plan sponsors — particularly those sponsors with self - insured group health plans — may perform certain functions that are integrally related to or similar to the functions of group health plans and, in carrying out these functions, often require access to individual health information held by the group health plan.

Government - sponsored health care plans represent a viable alternative to the often prohibitive cost of health insurance obtainable by a parent.

Because these policies are often paid for all or in part by your employer, if you were to get laid off or leave your current position, your policy could end as most employer - sponsored group life plans are generally not portable.

Employer - sponsored plans often limit overseas coverage to emergency care only (and the burden will be on you to prove it's an emergency).

The cost of premiums is often closely tied to deductibles: you will pay more for an insurance policy that has lower deductibles, and vice versa (note that ACA - compliant plans, including employer - sponsored plans and individual market plans, cover certain preventive services at no cost to the enrollee, even if the deductible has not been met).

The standard recommendation of life insurance coverage is 10 times your annual salary; this is not the perfect number for every family, but employer - sponsored plans often don't cover this amount.

So older immigrants often had to rely on long - term travel insurance, unless they had access to an employer - sponsored plan in the U.S.

Because of the many carriers they work with, they can often find better health insurance rates than you can get through an employer sponsored plan.

This graphic compares the sales of different types of employer - sponsored insurance plans and indicates that Life and Disability plans are more often provided by employers (and more often taken advantage of by workers) than other types of plans.

However, while employer - sponsored group plans are often free or substantially cheaper than individual life insurance policies, experts say group plans rarely provide enough coverage and could potentially leave you high and dry if you lose your job or move to a different company.

Every 401 (k) plan must have a named fiduciary or a responsible fiduciary, and often the plan sponsor is listed.