September 10th is National 401(k) Day!

September 10th is National 401(k) Day!

Did you know that of the 79% of working Americans whose companies offer a 401(k) plan, only 41% take advantage of these plans? That is why in 1996 the Plan Sponsor Council of America (PSCA) created National 401(k) Day. National 401(k) Day falls every year on the...
DB/DC Combo Plans: Factors to Consider

DB/DC Combo Plans: Factors to Consider

When it comes to retirement plans, each plan can fall into two basic categories: defined benefit plans or defined contribution plans. Within each category, there are subcategories of plans, each with its own features and unique benefits. There are also hybrid plans...
What is a Defined Benefit Plan?

What is a Defined Benefit Plan?

There are many different options when it comes to funding your retirement. Some of those options are available through your workplace, while others you can save yourself. Deciding which plan is right for you can be stressful. Whether you go through your employer or...
7 Changes Plan Sponsors Need to Know in 2021

7 Changes Plan Sponsors Need to Know in 2021

As the world continues to bounce back after the 2020 pandemic, there are still changes being made to the world of retirement and employee benefits. Plan sponsors have numerous responsibilities when it comes to running a plan, but here are 7 changes that retirement...