Retirement Plan Newsletters

Relevant news, updates and resources for retirement plan sponsors and fiduciaries.

In our July 2021 Sikich Retirement Plan Services newsletter, please see articles with discussions on:

Bitcoin: Coming to a 401(k) plan near you?

The prudence in adding Bitcoin (BTC) to a retirement plan could be questionable, at best. Greater media coverage has caused BTC interest to grow exponentially, as has its meteoric rise in price. When it comes to building sound retirement portfolios, investing in assets that have intrinsic value and produce dividends and income continue to be the best strategies for those looking for outcomes that are more consistent and predictable. This not only applies to defined benefit investors looking to achieve some level of return or target a certain funded status, but to participants in defined contribution plans as well.

Please review the July issue of the Sikich Retirement Times to read more on this very important topic.

7 Ways to Reduce Fiduciary Liability

In 2020, nearly 100 lawsuits alleging breach of fiduciary duty were filed. With the number of 401(k) lawsuits on the rise targeting plans both large and small, sponsors are well advised to consider taking additional measures to mitigate fiduciary risk where practicable. To see what one needs to consider when reviewing your retirement plan, please read the July issue of the Sikich Retirement Times.

To Bundle or Not to Bundle – What’s Best for Your Business is the Question

Whether to use bundled or unbundled service providers is an important decision for your retirement plan. A fully bundled arrangement provides an easy, one-stop shop for services, while unbundling separates functions and uses a third-party administrator (TPA), distinct from the recordkeeper. While there is no right or wrong answer to this question, weighing the advantages of each option against the needs of the organization is essential. Please review this month’s issue of the Sikich Retirement Times to help you make the right decision for your retirement plan.

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