Independent Actuaries Blog Author: Independent Actuaries, Inc.
Are Retirement Index Funds Breaking the Market?
The fact that the largest market index funds hold a significant competitive advantage over smaller funds is undisputed. As fund management companies increases in size, the cost to manage their funds become a lesser percentage of the fund size, and … Continue reading
2020 Retirement Plan Limits
The IRS has announced the new retirement plan limits for 2020. Most limits increased from 2019 to 2020, and some stayed flat. Highlights include: The compensation limit used in determining benefits and contributions for both defined benefit and defined contribution … Continue reading
Special Presentation!
IAI is hosting two special events in one afternoon at a local Portland brewery on Thursday, November 7th! Sara Ark and Kristy Bartle will be presenting Crafting the Perfect Retirement; Bringing Science to the Art of the Problem. This is … Continue reading
Tax Season is Over! Could Your Business Use a Deduction?
Now that the extended tax season is over, it’s a great time to consider if a qualified retirement plan is right for your business. Since contributions to these plans are deductible, setting up a qualified retirement plan is an effective … Continue reading
Two Wrongs Don’t Make a Right
The deadline to make a contribution to a qualified defined benefit plan with a plan year of January 1st – December 31st is September 15th. If you missed this deadline and your plan has unpaid minimum required contributions, the IRS … Continue reading
Supporting Your Spending Habits in Retirement
The thought of retirement conjures a wide variety ideas and feelings for different people, some good and full of bliss, and others that are full of dread. One fear that many people have is outspending their retirement income. In an … Continue reading
Is Planning for Retirement Stressing You Out?
The world can be an uncertain place, and trying to navigate turbulent markets to prepare for retirement can be stressful. Fifty-nine percent of Americans report that preparing for retirement makes them stressed. In a recent survey it was found that … Continue reading
U.S. Worker Confidence in Retirement is on the Rise
The results are in! A recent survey by the Employee Benefit Research Institute (EBRI)1 found that two thirds of American workers feel confident in their ability to retire comfortably, which is up from 60% in 2017. However, confidence in the … Continue reading
Changes in Pension Accounting Standards Taking Effect this Year
The soon-to-be-effective Accounting Standards Update (ASU) 2017-07 makes changes to the way pension plans are accounted for, designed to improve the transparency of pension plan operational costs. Under the old rules, all components of pension-related expenses were aggregated together as … Continue reading
Beneficiary Designations: Whose Responsibility is it?
When it comes to Retirement Plans it can sometimes be confusing who does what and whether the responsibility falls on the Employer/ Plan Sponsor, third party administrator (TPA), recordkeeper or the participant. When it comes to beneficiary designations most plan … Continue reading
