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My Take-Aways from Retirement Planning Guidebook

Money Talk

I recently read Retirement Planning Guidebook , a 453-page tome by retirement researcher and American College professor Dr. Wade Pfau, cover to cover. As an age 60+ adult and a CFP® professional, I consider myself fairly well informed about retirement planning topics. The goal of mountain climbing (i.e.,

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The Multiemployer Retirement Plan Landscape: DC Takeaways

International Foundation of Employee Benefit Plans

According to The Multiemployer Retirement Plan Landscape: A 15-Year Look (2006-2020), the average defined contribution (DC) plan account balance increased from $23,400 at the end of 2006 to $54,100 at the end of 2020, while aggregate disbursements also grew.

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Three DOL Developments for Retirement Plan Sponsors

International Foundation of Employee Benefit Plans

So far in 2024, the Department of Labor (DOL) has released proposals for plan administrators to populate a missing participant database and automatic portability of retirement plan accruals when employees change jobs.

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The Multiemployer Retirement Plan Landscape: DB Takeaways

International Foundation of Employee Benefit Plans

According to recent data from Horizon Actuarial Services, LLC and the International Foundation of Employee Benefit Plans, the fifteen-year period between 2006 and 2020 was turbulent for multiemployer defined benefit (DB) pension plans.

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How to Conquer These 4 Top-of-Mind HR Challenges

Whether you’re concerned about adapting to new pay transparency laws, managing global benefits packages, return-to-office mandates, or 401(k) and retirement planning strategies, we’ve got you covered. And the ever-changing policies and laws can make cultivating a competitive employee benefits strategy feel impossible.

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Best Practices for Multiemployer Retirement Plan Death Audits

International Foundation of Employee Benefit Plans

Fiduciaries have many responsibilities that stem from the duties of care, loyalty and prudence, including ensuring the correct benefits are paid to the correct participants and beneficiaries of the plan. Benefits Magazine authors Lisa L. Kaiser, CEBS, and Carey R.

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IRS Announces 2024 Retirement Plan Contribution, Benefit Limits

PayrollOrg

The IRS announced the changes to the dollar limits on benefits and contributions under qualified retirement plans for tax year 2024.