A look at some of the products and services retirement plan sponsors are requesting outside of 401(k) plans.
Tag: DB plan
Consultants with Findley discussed a game plan for having data, financials and a communications strategy ready before embarking on a DB plan termination.
There may be more upfront effort with smaller clients, but once they are on board, they take less time, according to Cerulli.
They have until mid-September to deduct pension plan contributions at the rate of 35%; after that, the lower 21% rate kicks in.
A mere 21% feel confident about drawing down their retirement plan assets, Ameriprise Financial found in a survey.
A federal appellate court affirmed a lower court decision that a change to Northern Trust's DB plan benefit formula does not violate ERISA or the Age Discrimination in Employment Act (ADEA).