Retirement Plan Fees: 3 Major Universities Sued

Fulcrum Partners Executive Benefits News

M.I.T., N.Y.U. and Yale Are Sued Over Retirement Plan Fees An article, (“M.I.T., N.Y.U. and Yale Are Sued Over Retirement Plan Fees,”) published in the New York Times (August 9, 2016) stated that attorney Jerome J. Schlichter, representing employees of Yale, New York University, and Massachusetts Institute of Technology, has filed a lawsuit against the respective universities. The complaint alleges that the universities, as Plan Sponsors …

Retirement Security US Rank Fulcrum Partners LLC

Retirement Security: U.S. Not Even in Top 10

Fulcrum Partners Executive Benefits News

According to a Business Wire media release published July 19, 2016, titled, “United States Ranks 14th in retirement security in 2016 Natixis Global Retirement Index,” the United States failed to be ranked even among the top 10 countries for best practices in retirement policy. The research, which is part of the 2016 Global Retirement Index, and was released by Natixis Global Asset …

IRS Issues Welcome Guidance on Safe Harbor Retirement Plans

Fulcrum Partners Executive Benefits News

IRS Issues Welcome Guidance on Safe Harbor Retirement Plans IslerDarePC, a premier Virginia-based labor, employment, and employee benefits law boutique firm, recently issued this Employee Benefits Update addressing issues relevant to safe harbor retirement plans. You can download a copy of IRS Notice 2016-16 on the Resources page of our website. Executive Summary The IRS recently released welcome guidance in the form …

IRS Announces 2016 Pension Plan Limitations

IRS Announces 2016 Pension Plan Limitations

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

IRS Announces 2016 Pension Plan Limitations; 401(k) Contribution Limit Remains Unchanged at $18,000 for 2016 Ponte Vedra Beach, FL — (October 23, 2015) —  The IRS announced yesterday that there will be no cost of living adjustments for qualified pension and defined contribution plans.  The important retirement plan limits for 2016 and 2015 are summarized below: 2016 2015 Elective Deferral Limit …

Baby Boomers Are Not Prepared for Retirement

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Baby Boomers Are Not Prepared for Retirement According to the Insured Retirement Institute (IRI), many Baby Boomers are not prepared for retirement. That’s a situation that no doubt weighs heavily on the minds of individuals and couples rapidly approaching retirement without adequate (or any) retirement savings. In fact, however, this situation should concern everyone as it foreshadows a problem that will inevitably impact the U.S. …

Obama’s Big Idea for Small Savers: ‘Robo’ Financial Advice

Obama’s Big Idea for Small Savers: Trust the Robo Advisor

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Obama’s Big Idea for Small Savers: ‘Robo’ Financial Advice Obama’s Big Idea for Small Savers: ‘Robo’ Financial Advice (publication date: July 21, 2015) , a Wall Street Journal Opinion/Commentary, authored by Robert Litan and Hal Singer, observes, “If you’re not on a path to a secure retirement, the White House suggests it’s because an evil broker is ripping you off.” As the piece …

Do Your Companys Retirement Plans Really Work

Do Your Company’s Retirement Plans Really Work?

Fulcrum Partners Fulcrum Partners LLC Video

Fulcrum Partners LLC, executive benefits consultancy, releases new video created to focus on the questions of retirement plans in a whole new way. Developed with the assistance of the creative team at YDraw, this video asks the thought-provoking question, “Do your company’s retirement plans really work?”