Why Today’s Organizations Offer Deferred Compensation Plans

Why Today’s Organizations Offer Deferred Compensation Plans

Fulcrum Partners Deferred Compensation News

Based on 2018 research results1, published and released by Principal® earlier this year, employers recognize that competitive benefit offerings remain key in attracting top talent. In a job market that can be tight and highly competitive, employers are looking for ways to recruit and retain key employees. Principal’s research shows that retaining and motivating key employees, along with restoring a …

Retirement Means Living the Life You Choose

Coach Harrick Will Tell You: Retirement Means Living Life on Your Own Terms

Fulcrum Partners Fulcrum Partners NEWS, Leadership

For a man that loves the game of basketball, you might think that thirty-plus years of college coaching, taking Division I college teams to the NCAA tournament 16 times, and winning it all by leading UCLA to the National Championship in 1995 would be enough. You might think Coach Jim Harrick would look back on his many legendary accomplishments and …

Do You Need a Retirement Plan Committee

Do You Need a Retirement Plan Committee?

Fulcrum Partners Deferred Compensation News

From Strategic Retirement Partners (SRP), originally published December 27, 2018, on the SRP Blog. Who Should Serve on My Retirement Plan Committee? Do we need a retirement plan committee? If your plan requires an independent audit, you should have a retirement plan committee in place and meet regularly. Your auditor is likely to request committee meeting minutes as part of …

2018 Year-End Compliance Checklist Employment Benefit Plans Isler Dare

Fulcrum Partners Executive Benefits News

This checklist of end-of-year employee benefits compliance deadlines is provided courtesy of Isler Dare PC (www.islerdare.com) and was written by Andrea I. O’Brien, Vi D. Nguyen, and Ashley F. Hedge. 2018 Year-End Compliance Checklist As 2018 quickly comes to a close, we wanted to remind employers of some key year-end compliance deadlines for their retirement and health and welfare plans. …

IRS Announces Increases to Contribution Limits for Retirement Savings Accounts

IRS Announces Increases to Contribution Limits for Retirement Savings Accounts

Fulcrum Partners Fulcrum Partners NEWS

On November 1, the Internal Revenue Service (IRS) announced contribution limit increases for various retirement savings plans, including 401(k), 403(b), most 457 plans, and the government’s Thrift Savings Plan. A detailed assessment of the changes, as published by the IRS, appears below the chart. The IRS has announced the 2019 Retirement Savings Plan Limits as follows:         Plan Limits 2018 …

Define Optimal Executive Benefits Opportunities

Define Optimal Executive Benefits Opportunities

Fulcrum Partners Executive Benefits News

This post was first published on Sept. 20. Because it has received much traffic and online response, we are republishing it below. Fulcrum Partners: Helping Organizations Define Optimal Executive Benefits Opportunities In the weeks leading up to the passage of the Tax Cuts and Jobs Act of 2017, nearly everyone that receives, contributes to, sponsors or advises on executive compensation, …

DOL Narrows Standards for Selecting Socially Responsible Retirement Plan Investments

Fulcrum Partners Executive Benefits News

Fulcrum Partners is pleased to share the following report, prepared by the Employee Benefits group at Isler Dare PC: DOL Narrows Standards for Selecting Socially Responsible Retirement Plan Investments. You may read or download the full report as a PDF here. Executive Summary On April 23, 2018, the Department of Labor (“DOL”) published guidance on the extent to which retirement plan fiduciaries can take …

Non-Qualified Deferred Compensation Plans

Comprehensive Guide to Nonqualified Deferred Compensation NQDC Part 2

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Part 2 of 2 in an in-depth look at the Fundamentals of Nonqualified Deferred Compensation. View/download Part 1 here:  www.fulcrumpartnersllc.com/wp-content/uploads/2017/10/FULCRUM-PARTNERS-NQDC-Guide.pdf View/Download Part 2 PDF here: www.fulcrumpartnersllc.com/wp-content/uploads/2017/10/FULCRUM-PARTNERS-NQDC-Guide-Part-2.pdf The WRMarketplace is created exclusively for AALU members by experts at Greenberg Traurig and the AALU staff, led by Jonathan M. Forster, Steven B. Lapidus, Martin Kalb, Richard A. Sirus, and Rebecca Manicone. WRMarketplace #17-43 …

Is Congress going after your 401(k)

Is Congress Going After Your 401K?

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Grab Your Pitchforks, America, Your 401(k) May Need Defending from Congress In last week’s The Wall St. Journal article, “Grab Your Pitchforks, America, Your 401(k) May Need Defending from Congress,” author Jason Zweig called out members of Congress, describing them as “lucky participants in one of the best retirement plans around.” He then went on to suggest that lawmakers may …