Gordon Asset Management, LLC’s Post

Many employers and retirement plan participants associate protected retirement income (PRI) solutions with notable downsides: fiduciary risk and high administration costs for the plan sponsor, participant fees to transfer or withdraw funds, a lack of fund portability, and high complexity for the participant.    What’s not as commonly known is that today’s PRI products are specifically designed to make these issues a thing of the past. Plans today can often be rolled into other solutions without compromising the sponsor, fees and penalties for withdrawal have been drastically reduced or eliminated, and the overall costs for employers are lower.   Learn more about why PRI solutions should be considered when designing retirement plans in this article from my colleagues, Chris Bellomo and Gaston Messineo. https://lnkd.in/eEBTXrVP

Offering a retirement plan is a great benefit for employees, but the paperwork involved can be a nightmare for both employers and workers. The good news is, change is on the horizon. Let’s delve into the efforts underway to make retirement plan communications clearer and more manageable. #EmployeeBenefits https://ow.ly/PN0V30sEqFh

Learn more about why protected retirement income solutions should be considered when designing retirement plans in this article from our colleagues, @Chris Bellomo and Gaston Messineo.

Another Secure 2.0 post!! Who’s excited? 🙋♂️In all seriousness, Secure 2.0 had some great features that are meant to encourage engagement in retirement plans. As a business owner, there is a lot of work that come come with retirement plans without the right team in place. Make sure that you get the most out your program. This article can help provide a foundation of Secure 2.0 and some of the features that can drive retirement plan success: - SECURE Act 2.0 includes new optional provisions that may help increase retirement plan participation, with financial incentives (28%) and Roth matching contributions (27%) generating the most interest from plan sponsors. - Offering emergency savings accounts to non-highly compensated employees (26%) is also an area of focus, though recordkeepers cite challenges with implementing these pension-linked accounts. - As recordkeepers evaluate which SECURE 2.0 provisions to prioritize, they should focus on what will be most meaningful for plan sponsors and ensure they can deliver plan designs suited to improving participant outcomes. https://lnkd.in/g-CWcrpk #erisa #hrbenefits #retirementplans #fiduciary #wealthmanagement 

Offering a retirement plan is a great benefit for employees, but the paperwork involved can be a nightmare for both employers and workers. The good news is, change is on the horizon. Let’s delve into the efforts underway to make retirement plan communications clearer and more manageable. #EmployeeBenefits https://ow.ly/a9YQ30sEpNJ

Offering a retirement plan is a great benefit for employees, but the paperwork involved can be a nightmare for both employers and workers. The good news is, change is on the horizon. Let’s delve into the efforts underway to make retirement plan communications clearer and more manageable. #EmployeeBenefits https://ow.ly/a2au30sEroq

Offering a retirement plan is a great benefit for employees, but the paperwork involved can be a nightmare for both employers and workers. The good news is, change is on the horizon. Let’s delve into the efforts underway to make retirement plan communications clearer and more manageable. #EmployeeBenefits https://ow.ly/9bHy50Snf3r

Offering a retirement plan is a great benefit for employees, but the paperwork involved can be a nightmare for both employers and workers. The good news is, change is on the horizon. Let’s delve into the efforts underway to make retirement plan communications clearer and more manageable. #EmployeeBenefits https://ow.ly/J7Vz30sEzRW

Shocking findings from a recent CNBC Your Money Survey: 46% of 401(k) investors don't know their workplace retirement plan investments! Learn More: https://lnkd.in/gWEMPqgk #RetirementPlanning #FinancialLiteracy #HawksFinancial #CNBC

Shocking findings from a recent CNBC Your Money Survey: 46% of 401(k) investors don't know their workplace retirement plan investments! Learn More: https://lnkd.in/gWEMPqgk #RetirementPlanning #FinancialLiteracy #HawksFinancial #CNBC