Monthly Archives: October 2012

2013 Retirement Plan Limits

Posted on October 24, 2012 by

The Internal Revenue Service has announced cost of living adjustments for retirement plans for tax year 2013. Several plan limitations will increase for 2013. Continue reading →

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2013 Q4 401(k) and benefits summary via Lockton

Posted on October 24, 2012 by

For the first time ever, retirement plan fiduciaries were required to receive a government-mandated summary of the fees charged to them by their 401(k) plan providers. Continue reading →

Posted in Executive Benefits, Qualified Retirement Plans, Retirement, Retirement Plans

Private Health Exchanges

Posted on October 23, 2012 by

CFOs love predictable costs almost as much as lower costs. That’s a key selling point for private exchanges, which enable a defined-contribution approach to funding employee health benefits.
Continue reading →

Posted in Health, Health & Welfare, Health Reform | Tagged

Longevity risk brings insured products into retirement conversation

Posted on October 22, 2012 by

Corporations increasingly look to the expertise of insurers to manage longevity risk in the DB plans and begin to offer guaranteed lifetime income products within their DC plans. Continue reading →

Posted in Executive Benefits, Qualified Retirement Plans, Retirement, Retirement Plans | Tagged

Planning for Retirement? Don’t Forget Health Care Costs

Posted on October 9, 2012 by

A calculator developed by Putnam, called the Lifetime Income Replacement Tool, shows people not only how much they have saved but also how much they need to save depending on their health and where they plan to retire so they can live at their same income in retirement. Continue reading →

Posted in Executive Benefits, Retirement, Retirement Plans | Tagged ,

Third Quarter 2012 Market Update

Posted on October 9, 2012 by

Broad market benchmarks for third quarter 2012. Continue reading →

Posted in News & Updates | Tagged ,

Do you need to raise your 401(k) contribution rates?

Posted on October 5, 2012 by

The Employee Benefit Research Institute instead suggests that setting a higher starting point for new 401(k) contributions – a default level of 6 percent of pay, rather than the lackluster but traditional figure of 3 percent – could actually make a difference when it comes to producing tangible retirement savings. Continue reading →

Posted in Executive Benefits, Qualified Retirement Plans, Retirement, Retirement Plans | Tagged ,