News & Information

SEC Approves Rules Relating to Financial Exploitation of Seniors

SEC Approves Rules Relating to Financial Exploitation of Seniors (Effective Date February 5, 2018) What new rules were approved? The Securities and Exchange Commission “SEC” approved the adoption of new FINRA rule 2165 and amendments to FINRA rule 4512. Why did the SEC approve these new rules? With the aging of the U.S. population, there is a serious and growing problem of…read more →

New Tax Law Brings Changes to 529 Plans

A 529 plan is a tax-advantaged savings plan designed to encourage saving for future college costs. These plans are sponsored by states or educational institutions and are authorized by section 529 of the Internal Revenue Code. Effective for 2018 the new tax bill (Tax Cuts and Job Act) will allow 529 plans to pay up to $10,000 per year for…read more →

Q4 2017 Market Update

Q4 2017 Market Update By Mark Ries The fourth quarter of 2017 was another quarter of positive returns in the equity markets and was marked by the continuation of many of the trends that had been present in the market place throughout the year. Most notably among these was the evidence of coordinated global growth across most major regional economies…read more →

To Bond or Not to Bond?

To Bond or Not to Bond? By Marcie Carroll Over the last few years, there has been a fair bit of concern in the market over the general impact of rising interest rates. “You shouldn’t be holding bonds because rates will rise soon” goes the logic. But what does this really mean for investors? If interest rates rise, what will…read more →

Fortified Decision-Making – Structure your plan committee meetings for success

Fortified Decision-Making Structure your plan committee meetings for success By Marcie Carroll Defined contribution (DC) plan committees face increasing scrutiny on the myriad of decisions they make for their respective plans. During quarterly committee meetings, it’s no longer enough to run through an agenda of basic responsibilities; now, more than ever, leading plan committees recognize that they need to address…read more →

Your Newest Employee Benefit-Student Loan Debt Repayment Assistance

Your Newest Employee Benefit-Student Loan Debt Repayment Assistance By Marcie Carroll Student loan reimbursement programs are a fast growing employee benefit. Approximately 70 percent of 2016 college graduates have student loans with an average balance of $37,000.¹ The Society for Human Resource Management reports that while only about 3 percent of employers offer this benefit, interest among employers is growing…read more →

Financial Wellness Weekly

Financial Wellness Weekly Financial Wellness Weekly by Marcie Carroll – Carroll Consultants, Ltd. Published by Marcie Carroll 13 November 2017 Read paper → Sector Report: The Pressures of Financial Wellness – Workforce Magazine Shared by Shortlister www­.workforce­.com – For a lot of American workers, dealing with personal finances is a lot like the anxiety they feel about going to the…read more →

Plan Rules Verification from TIAA

You may receive a request from TIAA similar to the link below to log into the Plan Focus website to review and verify the plan provisions on their system. http://www.cclbenefits.com/wp-content/uploads/2017/11/Sample-Plan-Rules-Verification.pdf If we are restating your plan document, please forward the report to us so we can assist you on updating TIAA’s system during our plan document restatement call. Feel free…read more →

Are You Ready for an Audit?

Are You Ready for an Audit? By Marcie Carroll Several events can trigger a DOL or IRS audit, such as employee complaints or self-reporting under the annual submission of the Form 5500. Often times an audit is a random event, which is why you should always be prepared. Listed below are several key items typically requested in an initial letter…read more →

Financial Wellness Weekly

Financial Wellness Weekly Financial Wellness Weekly by Marcie Carroll – Carroll Consultants, Ltd. Published by Marcie Carroll 06 November 2017 Read paper → Tax Reform Should Encourage More Saving, Not Less Shared by NacionSinEstado reason­.com – Deniscristo/DreamstimeRepublicans want tax reform, but their refusal to cut spending forces them to look into all sorts of revenue raisers. Some are good, such…read more →