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Plan Sponsor Roundtable: DC Plan Investment Menus

Plan Sponsor Roundtable: DC Plan Investment Menus Plan sponsors discussed the investment options they chose for their plans and how they determined which were best. Reported by Out of 17 core investment options in Taylor Guitar’s 401(k) plan, nine of them are actively managed, Bryan L. Bear, vice president of finance at Taylor Guitars, told attendees of  PLANSPONSOR’s 2021 “What’s on the Minds of Plan Sponsors” virtual conference. Bear says his company chose to offer actively managed funds along with passive funds for actively managed funds’ ability to provide high returns during turbulent markets. “For active managers, they have the ability to navigate through those volatile markets that we may experience, while still providing solid returns on those funds,” he said. “There are no guarantees, but we chose to provide participants with those options.”

A Checklist for Retirement Plan Committees

A Checklist for Retirement Plan Committees Experts discuss what main facets of a retirement plan that a committee should cover in its quarterly meetings. Reported by Art by Enzo Pérès-Labourdette Given that there are so many considerations to weigh when overseeing a retirement plan, it is important for plan sponsors to have a checklist for their committees whether the sponsor has a single retirement plan committee or dual investment and administrative committees to cover in quarterly meetings. These meetings typically last between one and two hours. The overriding theme of retirement committee meetings should always be whether the committee is acting in the best interest of plan participants and if it is improving the plan, says Michael Webb, senior financial adviser at CAPTRUST.

SECURE Act 2 0 Could Be a Game Changer for Retirement Planning

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