CCL News

Don’t Let Your Retirement Plan Turn from Benefit to Liability

Don’t Let Your Retirement Plan Turn from Benefit to Liability A retirement plan is important to your business – and to all the employees relying on it for income later in life. However, mistakes and confusion can turn retirement plans from an attractive benefit into a liability. A properly administered retirement plan avoids unnecessary costs and administrative problems, and ultimately…read more →

IRS Announces 2019 Plan Limitations

Click here for a PDF copy of the New 2019 Limits The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2019. The IRS today issued technical guidance detailing these items in Notice 2018-83. Highlights of Changes for 2019 The contribution limit for employees who participate in…read more →

How and When to Pay Plan Expenses with Plan Assets

How and When to Pay Plan Expenses with Plan Assets Some retirement plan expenses can be paid for with plan assets – but many can’t. Which are the “reasonable and necessary” retirement plan expenses that can be paid out of plan assets? Generally, services required to maintain the plan’s compliance and administration can be paid from plan assets. Obvious examples…read more →

Cafaro Greenleaf Expands Footprint with Merger of Carroll Consultants, Ltd. in Pennsylvania

Cafaro Greenleaf (CG), a leading national investment advisory and consulting firm for corporate, public and not for profit retirement and benefit plans, formally announces that Carroll Consultants, Ltd., headquartered just outside Philadelphia, has merged with the firm. With more than 60 years of experience, Carroll Consultants, Ltd. is a leading provider of retirement and healthcare plan services to organizations across…read more →

Beware of the IRS and DOL: Four Red Flags They Seek on Form 5500

Beware of the IRS and DOL: Four Red Flags They Seek on Form 5500 The Form 5500 is an ERISA requirement for retirement plans to report and disclose operating procedures. Advisors use this to confirm that plans are managed according to ERISA standards. The form also allows individuals access to information, protecting the rights and benefits of the plan participants…read more →

Use Plan Analytics to Evaluate Your Retirement Plan

Your retirement plan is a valuable resource for your employees and serves as a vehicle to attract and retain top talent. Ensuring plan success is crucial. Examining plan analytics can help evaluate its success. Plan analytics you should explore: Median age, tenure and savings rates of plan participants These analytics can be helpful to determine which agegroups are not strongly…read more →

Collective Investment Trusts – The Fastest Growing Investment Vehicle Within 401(k) Plans

For almost a century, collective investment trusts (CITs) have played an important role in the markets. They were originally introduced in 1927. A 2016 study showed that they are the fastest growing investment vehicle within 401(k) plans, with 62 percent of asset managers believing their clients will shift from mutual funds to CITs.¹ For the vast majority of their existence,…read more →

Is there regulatory guidance that would indicate whether forcing out terminated participants is favorable to keeping them in? What fiduciary liabilities are absolved by forcing them out (assuming this is consistent with the plan document)?

Q & A from a former practicing ERISA attorney Welcome to our new question and answer feature. Periodically we will be posting a Q&A segment that will feature plan sponsor questions by former practicing ERISA attorney Joel Shapiro. Q: Is there regulatory guidance that would indicate whether forcing out terminated participants is favorable to keeping them in? What fiduciary liabilities…read more →

When does the five-year clock start for Roth withdrawls?

Q & A from a former practicing ERISA attorney   Welcome to our new question and answer feature. Periodically we will be posting a Q&A segment that will feature plan sponsor questions by former practicing ERISA attorney Joel Shapiro.   Q:  When does the five-year clock start for Roth withdrawls?   A: For most investors, it’s important to know that…read more →