Sending You Warm Holiday Wishes With the holiday season approaching, we want to take a moment to share our heartfelt appreciation for the opportunity to support your organization and its meaningful mission. Your commitment to helping others prepare for and navigate...
By Nick Capo For many employers, managing a traditional 401(k) can be time-consuming, expensive and full of administrative challenges. That’s one reason Pooled Employer Plans have become an appealing alternative. They offer a modern, simplified way to deliver a...
By Jerrod Weiss Employer-sponsored retirement plans offer many tax-based benefits and simplicity, enabling Americans to reach their retirement goals. One benefit often overlooked is the broad protection from creditors under federal law (ERISA). ERISA‑qualified plans...
In today’s dynamic retirement landscape, our commitment to you and your plan participants remains steadfast. We recognize that exceptional service is the cornerstone of our partnership. It is our privilege to support our clients in achieving retirement success. As...
National 401(k) Day is more than just a calendar event. It is a powerful reminder to take control of your financial future. Observed on the Friday after Labor Day, this annual event encourages individuals to assess their retirement savings, adjust their contributions...
Many businesses are seeing the benefits of Cash Balance (CB) plans Offering Cash Balance as a sidecar to a 401(k) plan unlocks an additional retirement savings benefit for highly compensated employees. For high-income business owners or partners, a CB plan may create...
Starting in 2025, most new 401(k) and 403(b) plans will be required to automatically enroll eligible employees, a change brought by the SECURE 2.0 Act passed by Congress in 2022. The provision aims to boost retirement savings by making enrollment the default option...
As the calendar flips into the new year, 401(k) compliance teams across the country are prepared for long days as they race against a March 15 deadline to complete the required Nondiscrimination Tests. These tests are required by the IRS to ensure that every employee...
At American Trust Retirement, it’s our goal to keep you informed. We are dedicated to adding value to your retirement plan practice by helping to keep you up-to-date on what’s going on in the industry. With 2024 nearing its end, we wanted to share a list of some of...
In 2012, the Department of Labor issued final regulations for Section 408(b)2, requiring all 401(k) providers to fully disclose direct and indirect fees in a standardized format. This transparency has pressured Plan Sponsors and Advisors to scrutinize 401(k) fees,...