PLANSPONSOR’s Post

Plan Sponsors: Are you wondering how you can retain retired participants? This article reveals what consultant and advisory firms believe to be the most effective methods for participant retention.

🔥 Insights from Bonnie Treichel on the #401k recordkeeping marketplace: Fee Challenges: Industry battles fee compression – recordkeepers pushed to do more with less. 💸 Legislation Impact: SECURE 2.0 – changes demand expanded recordkeeping services. 🌊 Balance Priority: Striking the sweet spot between value and fee-cutting frenzy is now the name of the game. ⚖️ Advisor Evolution: Advisors, it's time for holistic value talks, not just fee benchmarks. 🌈

What will you need to retire? Take our simple seven-question quiz to determine if your 401(k) is ready. https://lnkd.in/dg8pncX

80% of Employees in America do ALL of their financial planning at work. Meaning that whether we like it or not, the Employer serves as the de facto financial planner for 8 out of 10 of their employees. And it's good to see more employers embracing that responsibility and this obviously falls in line with our mission of leading people to financial security, But I am curious to hear how y'all feel about it? https://lnkd.in/gsHR9GaM

Check out this great article from National Association of Plan Advisors (NAPA) regarding the Roth Catch-up contribution changes. https://lnkd.in/gntzp_5r #secureact #rothira #retirementplanning

2023 is flying by! Have you checked your year-end requirements for defined benefit and defined contribution plans? Due dates for plan amendments, notices to participants and other compliance items during Q4 are provided here. Stay tuned for our 2024 calendar of key administrative dates coming out soon! #definedbenefit #definedcontribution #compliance

With the Oct. 1 deadline behind us for employers to set up a Simple plan in 2023, it has left small business owners asking "What is a Simple?". Click here to learn more and see if it's appropriate for you and your business in 2024: https://bit.ly/3LMBgJe

“Sage Intacct does everything we need it to do, and it works great,” NS Pension’s financial services manager says of the #cloud-native financial management solution. Read the case study below! #SageIntacct #finance #accounting #technology #nonprofit https://hubs.ly/Q02tn16k0

Join us Wednesday, October 4th, when our Spotlight speaker will be Mantas Tautkus. Mantas is a Financial Advisor with MT Financial Planning. Did you know that state law now requires every Illinois employer with five or more employees to offer their own retirement program or facilitate Secure Choice? The deadline for registration is November 1st, 2023. Many companies have been delaying the process due to the added expenses, but did you know you can take advantage of two tax credits to help offset, or even cover, the cost? Employers who do not meet their required deadlines may be subject to enforcement, including financial penalties. Join us to learn more when Mantas addresses these very issues at the PP4G meeting on October 4th. Power Partners for Growth is an exclusive networking group of business owners and professionals operating in Northern Illinois. Our goal is to help grow each other’s business. We want to be successful, and we want you to be successful. If you are a business owner or professional looking to join a networking group reach out to us today. We meet at Taste of Paris in Mundelein and on Zoom the first and third Wednesdays of the month. And Zoom only the second week of the month. The last Wednesday of the month is a closed meeting for members only. Register through MeetUp to get the Zoom link: https://lnkd.in/ena-AQDt Email us at info@pp4g.org for more information about the group, or visit us at: www.pp4g.org We look forward to meeting you! #networking #b2bnetworking #businessnetworking #businessgrowth #networkingmeeting #SECUREAct #financialplanning #retirementplanning #Securechoice #taxcredits

“Sage Intacct does everything we need it to do, and it works great,” NS Pension’s financial services manager says of the #cloud-native financial management solution. Read the case study below! #SageIntacct #finance #accounting #technology #nonprofit https://hubs.ly/Q02tnfPX0