NADART Retirement Blog: News & Commentary about Retirement Plan Administration

Author: NADART Administrator Created: 11/29/2007
NADART's Retirement Blog will cover various topics and news related to retirement plan administration and retirement planning, from the viewpoints of business owners as well as participants in the plan.

Tips for Navigating an IRS Audit
By NADART Administrator on 5/29/2008

If an audit of your retirement plan is initiated by the Internal Revenue Service (IRS), the first thing to remember is that it’s not the end of the world. Tips on how to deal with such an audit are discussed in a recent article in the IRS newsletter “Retirement News for Employers”.

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Take Time to Examine Your Retirement Strategies
By NADART Administrator on 5/27/2008

With the stock market in its current state, it would be a good idea to re-examine your retirement account and the investment strategies connected with them. According to a recent article in the “Wall Street Journal” (WSJ), most people make their initial investment decisions and then forget about their retirement account. This lack of review can impact your savings over the long term.

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Features To Make Your 401(k) Plan More Effective
By NADART Administrator on 5/23/2008
Most employers would agree that having a 401(k) plan helps attract and retain good employees. However, even though 401(k) plans are popular with employees, it can still be a challenge to get everyone participating in one, and saving enough to meet their retirement needs. There are some features, though, that can help your company overcome these challenges:
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Singing the Praises of the Roth 401(k)
By NADART Administrator on 5/20/2008

A recent article in the San Diego Union-Tribune cited the benefits of a Roth 401(k) and recommended that employees whose plans offer the Roth 401(k) take advantage of the opportunity to participate in one.

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More Plans Adding Features Inspired by Pension Protection Act
By NADART Administrator on 5/16/2008
The options made available by the Pension Protection Act (PPA), which is nearly two years old this week, are steadily gaining a foothold in retirement plans.
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Ignore Short-Term Downturns and Keep Saving
By NADART Administrator on 5/14/2008

You need to keep saving for retirement, despite any current downturns in the economy. That’s the conclusion of a recent question-and-answer session posted on CNN Money.com.

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Top Ten Tips for Good Plan Communication
By NADART Administrator on 5/9/2008
While plan options such as automatic enrollment and target-dated funds have helped to increase plan participation due to their low-maintenance, “autopilot” nature, participants still need to have their retirement plan and its features explained to them by an actual person so that they understand how to invest and save wisely for their retirement years.
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DOL Contribution Timing Rules – How do They Affect You?
By NADART Administrator on 5/6/2008
If you currently sponsor a retirement plan, you may have heard about proposed regulations by the Department of Labor (DOL) in relation to the timing of employee contributions. Under these regulations, companies with less than 100 participants will be required to deposit employee contributions to the plan within 7 business days on which the amounts would have been payable to the participant in cash.
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DOL Clarifies QDIA Regulation
By NADART Administrator on 5/1/2008
On April 29, 2008, the U.S. Department of Labor’s (DOL) Employee Benefits Security Administration released additional guidance and technical corrections to the regulation for qualified default investment alternatives (QDIAs).
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Most Employers Offer Retirement Planning Programs
By NADART Administrator on 4/29/2008

According to an article on PlanSponsor.com (free registration required), a survey conducted by the International Foundation of Employee Benefit Plans showed that a majority of employers offer their employees educational sessions, materials and other tools to assist with retirement planning.

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