CITs

Collective Investment Trusts (CITs) – Not Just For the Large Plan Market!

Use of Collective Investment Trusts (CITs) continues to come down market as even small and mid-sized 401(k) plan sponsors are now demanding access to the vehicle as a lower cost alternative to a mutual fund.

Mar 07, 2019

Mar 07, 2019 Collective Investment Trusts

Use of Collective Investment Trusts (CITs) continues to come down market as even small and mid-sized 401(k) plan sponsors are now demanding access to the vehicle as a lower cost alternative...

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Disclosure & Reasonableness of Actuarial Assumptions

Disclosure & Reasonableness of Actuarial Assumptions in DB and CB Plans

Actuarial equivalent means that the present value of the total amounts expected to be received under two different forms of payment are equal, based on mortality and interest assumptions specified under the pension plan.a plan is permitted to use alternative actuarial assumptions as long as they are reasonable.

Feb 19, 2019

Feb 19, 2019 Defined Benefit Plan Cash Balance Plans

A number of class-action lawsuits are currently testing actuarial equivalents in pension plans. This important issue may be resolved in the circuit courts or go all the way up to the...

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market volatility and risk tolerance

Risk Tolerance and Reaction to Past Market Volatility

In the markets, we had a negative 2018 but started off with strong January 2019 performance.  Frankly, I’m a little disappointed about the 2008 data dropping off the fact sheets. Why am I sad to see those numbers go away?  Because, I like to use them to gauge a participant’s ability to tolerate risk. 

Feb 11, 2019

Feb 11, 2019 Retirement Planning Financial Education Plan Participants

Even a groundhog can’t predict the future It’s February 2019.  Most of us have probably broken or revised our New Year’s resolutions by now.  After a few brutally cold days, the...

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Chris Hewitt

Hewitt Joins HB&T CIF Sales

Hand Benefits & Trust (HB&T), a BPAS company, is pleased to announce the addition of Chris Hewitt as its Sales Consultant, Institutional Trust.  HB&T is a leading national provider of employee benefit trust services.

Jan 24, 2019

Jan 24, 2019 News CIF/CIT

Houston, TX, January 23, 2019 — Hand Benefits & Trust (HB&T), a BPAS company, is pleased to announce the addition of Chris Hewitt as its Sales Consultant, Institutional Trust.  HB&T is a leading national provider...

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National Trend Creating Control Group Issues for Unsuspecting Hospitals

Learn about the national trend in the ever-evolving healthcare industry that is creating potential control group retirement plan compliance headaches for unsuspecting hospitals.

Jan 16, 2019

Jan 16, 2019 Regulations & Compliance

There is a national trend in the ever-evolving healthcare industry that is creating potential control group retirement plan compliance headaches for unsuspecting hospitals. Many hospitals across the country have created health...

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IRS Papers

Annual QTA Review to Ensure Compliance

It's important to perform annual reviews of your Qualified Transportation Fringe Benefit plan to ensure compliance. New tax rules regarding employer-provided parking went into effect in 2018. For-profit employers are no longer able to take a deduction for these benefits and non-profits are deemed to have UBTI.

Jan 09, 2019

Jan 09, 2019 Regulations & Compliance Health & Welfare

As  we kick off the new year, it’s important to perform an annual review of your Qualified Transportation Fringe Benefit plan to ensure its compliance with applicable law. Changes to employer-provided parking rules New...

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Employer match on student loan repayments

Proposed Legislation to Help Workers Build Retirement Savings While Repaying Student Loans

Proposed legislation would help workers build retirement savings while repaying student loan debt. With the Retirement Parity for Student Loans Act, workers could receive an employer matching contribution while repaying loans, as if the loan repayments were a salary reduction contributions to their retirement plan.

Dec 19, 2018

Dec 19, 2018 Regulations & Compliance News

Many Americans face mounting student loan debt and often have to choose repaying the loans over making contributions to their retirement plan to save for the future. Legislation introduced on December 18th...

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