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Retirement Services & Financial Advisors​ - Serving Columbus & Beyond

Do Your Employees Understand the Virtues of Market Volatility in Their 401k?

Submitted by Life, Inc. Retirement Services on September 11th, 2015

401k Advisors plan design Fiduciary mutual funds

All it takes is a quick 600 point drop in the stock market to fray the nerves of 401k investors. But who can blame them with the devastating crash of 2008 still fresh in their memories. 401k participants lost, on average, 40 percent of their retirement account balances causing many to completely rethink their retirement plans.

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Hey Plan Sponsors: What’s In Your 401(k) Plan?

Submitted by Life, Inc. Retirement Services on August 15th, 2015

401k Advisors plan design 401k Fees Fiduciary

We recently came across a large 401k plan with more than 30 funds in its fund lineup! Sadly, I wish I could say this was the exception, but we actually see this in many 401(k) plans when they first come to us from another provider.

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What Question Should Your Company Be Asking About Its 401(k) Every Year?

Submitted by Life, Inc. Retirement Services on August 4th, 2015

401k Advisors Investment Fees plan design 401k Fees Fiduciary proactive 401k provider investment comittee

Just as most 401k plans are unique in their offerings and operations, so too are the investment committees that should be formed to guide them. However, in confronting the critical issues facing employers in the management of their plans, all employers, and their investment committees should address one key question, if not quarterly, at the very least, annually.

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What Does the Proposed Fiduciary Rule Change Mean to Your 401(k) Plan?

Submitted by Life, Inc. Retirement Services on July 28th, 2015

401k Advisors Investment Fees plan design Solo 401k 401k Fees Fiduciary proactive 401k

As is customary with the proposal of any new regulatory rule or provision, the Department of Labor has opened the floor to comments regarding its proposed rule change to extend fiduciary responsibilities to all advisors who work with qualified retirement plans.

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It’s not too Late for Older Business Owners to Save for Retirement

Submitted by Life, Inc. Retirement Services on July 8th, 2015

401k Advisors plan design Fiduciary Age Weighted Cash Balance Cross-Tested Plan

Successful business owners are known to be all-consumed with building their business, often investing a substantial amount of their time, energy, and money in their efforts. So, it’s not surprising that many business owners reach a late stage in life without having saved sufficiently for their retirement.

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Why is Your 401(k) Performance so Mediocre?

Submitted by Life, Inc. Retirement Services on June 18th, 2015

401k Advisors Investment Fees plan design Solo 401k 401k Fees Fiduciary proactive

After a rather tumultuous decade in which the overall performance of 401k plans is best described as anemic, we may be entering a period of redemption that could have 401k plan sponsors and participants smiling again.

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So Why Doesn't Your 401k Plan Allow ROTH Contributions, and Should it?

Submitted by Life, Inc. Retirement Services on June 1st, 2015

Since its inception in 2006, the Roth 401k account has been growing in popularity as a retirement plan option offered by employers. With the passage of the American Tax Payer Relief Act in 2012, the door has been opened even further for plan participants to convert all or a part of their vested, pretax, account assets into a Roth account.

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401(k) Supreme Court Decision Dramatically Changes the Plan Sponsor Landscape

Submitted by Life, Inc. Retirement Services on May 22nd, 2015

401k Advisors Fiduciary Duties Fiduciary

The landscape for retirement plan sponsors continues to change with the most recent Supreme Court decision in the case of Tibble v. Edison International. In fact, the decision, which ruled in favor of the employee group, constitutes a tectonic shift in the relationship between plan participants and plan sponsors.

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The Very High Cost of Waiting to Save for Retirement

Submitted by Life, Inc. Retirement Services on May 5th, 2015