Company Stock and Fiduciary Considerations By Marcie Carroll In recent years, there has been a substantial increase in litigation involving retirement plans that have invested in the stock of their sponsoring company. The only definitive way for plan fiduciaries to avoid liability with respect to plan investments in employer stock is to avoid such investments altogether. Nevertheless, many employers, believing…read more →
Financial Wellness Weekly Financial Wellness Weekly by Marcie Carroll – Carroll Consultants, Ltd. Published by Marcie Carroll 30 October 2017 Read paper → Market Beat: 401k contribution limits are increasing Shared by Kenneth Roberts www.sierrasun.com – The Internal Revenue Service recently announced that 401k retirement plan contribution limits will go up by $500 in 2018. They haven't been increased since…read more →
Do You Send Participant Notices via Email? Should you? By Marcie Carroll The number of notices and disclosures required to retirement plan participants has increased while methods to access information changed drastically. Many people receive their news and information on electronic devices through apps and social media. What remains the same is the Department of Labor’s (DOL’s) guidance about permissible…read more →
We have received many inquiries regarding the recent New York Times article. See link below. Click here for New York Times Article “The Finger Pointing at the Finance Firm TIAA” Our experience with TIAA has been positive – we conduct RFP’s on a consistent basis to confirm that TIAA’s pricing is in line and reasonable. As a legal fiduciary to…read more →
Financial Wellness Weekly Financial Wellness Weekly by Marcie Carroll – Carroll Consultants, Ltd. Published by Marcie Carroll 23 October 2017 Read paper → How Do 401k Plan Sponsors Feel About Tax Reform? – The 401(k) Specialist Shared by greenseeker 401kspecialistmag.com – Go figure—employers with 401k plans don’t want contribution limits reduced. To pass a plan to lower taxes, Congress is…read more →
Click here for printable chart The Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2018. The IRS today issued technical guidance detailing these items in Notice 2017-64. Highlights of Changes for 2018 The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the…read more →
Women in Retirement: 60 Percent Not Saving Enough By Marcie Carroll In November 2016, the Texas Conference for Women surveyed attendees about their retirement savings and found that almost a whopping 60 percent weren’t socking away enough. In fact, many weren’t even sure if they were going in the right direction. One person responded, “I don’t know if I’m on…read more →
Financial Wellness Weekly Financial Wellness Weekly by Marcie Carroll – Carroll Consultants, Ltd. Published by Marcie Carroll 16 October 2017 Read paper → How We Avoided over $24,000 of Investment Fees in 2017 Shared by Millionaire Educator www.millionaireeducator.com – Warm Yucatan greetings to all my trillionaire readers! This week I was poking around on my Personal Capital account and found…read more →
3Q Market Update By Mark Ries As we enter into the 4th quarter of 2017, we have the opportunity to look back and reflect on not only the 3rd quarter but also on the year to date as well as taking a look at what lies ahead through this quarter and into 2018. The 3rd quarter was, much like the…read more →
Financial Wellness Weekly Financial Wellness Weekly by Marcie Carroll – Carroll Consultants, Ltd. Published by Marcie Carroll 09 October 2017 Read paper → Tony Robbins: How Your 401(k) Providers Could End Up with Half of Your Retirement Nest Egg Shared by RealWealthSolutions www.inc.com – In 2014, Tony Robbins was writing his bestselling book Money: Master The Game and interviewed over…read more →