Chandler Julian, CPA, AIF

The Danger of One Size Fits All Investment Solutions

The Danger of One Size Fits All Investment Solutions

Choosing a Retirement Investor When picking an investment advisor, many plan administrators (e.g. employers) ask about firms’ fees, available funds, and participant outreach, but they often miss another important factor: the investment selection process. Even though...

read more
2019 Q2 Release Notes

2019 Q2 Release Notes

We're excited to share some of new features we'll be rolling out on June 28, 2019 as part of our Q2 release!  Here are the features that will be included... Features Search - We've built an all-new search feature that searches globally across our application for...

read more
Should you take a loan out of your 401k?

Should you take a loan out of your 401k?

During times of high financial stress, the idea of taking a loan out of your retirement savings fund can sound like the perfect solution. After all, it’s your money, right? Who wouldn’t consider taking advantage of money that you already have set aside for the future,...

read more
401k Plan Eligibility Best Practices

401k Plan Eligibility Best Practices

On the surface, 401k plan eligibility seems simple enough.  However, there are several rules and factors that trip many plan sponsors up in this area.  One of the most common compliance failures can be on the first day an employee becomes eligible for the plan, and...

read more

Millennials and Retirement

In today’s changing economic climate, younger generations are facing new obstacles in saving for retirement. In contrast to previous generations, Millennials are set to have fewer Social Security benefits, as well as less personal retirement savings from a 401(k) or...

read more

The Department of Labor’s Fiduciary Rule RFI

The U.S. Department of Labor recently released a Request for Information (RFI) regarding its Fiduciary Rule. According to the Department, this RFI “seeks public input that could form the basis of new exemptions or changes/revisions to the rule and PTEs.” They are...

read more

Revenue Procedure 93-42

Revenue Procedure 93-42 Internal Revenue Service 1993-2 C.B. 540   26 CFR 601.201: Rulings and determination letters. Rev. Proc. 93-42 SECTION 1. PURPOSE AND OVERVIEW .01 This revenue procedure provides guidelines for substantiating com­pliance with the...

read more
Sidecar Accounts

Sidecar Accounts

Before the retirement community shifted to a pretax 401(k) system in the 1980s, many companies offered a supplemental savings account (to be used for short-term emergencies) to complement the defined benefit (DB) plans of their employees. These supplemental savings...

read more

Hardship Withdrawals from 401(k) and 403(b) Plans

On February 23, 2017, the Internal Revenue Service released its Substantiation Guidelines for Safe-Harbor Distributions from Section 401(k) Plans. And on March 7, 2017 they released a similar memorandum regarding section 403(b) plans. These two statements outlined the...

read more