Podcasts about defined contribution

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Best podcasts about defined contribution

Latest podcast episodes about defined contribution

The Abundance Mindset
How Defined Benefit Plans Can Increase Total Retirement Contribution Potential for Business Owners

The Abundance Mindset

Play Episode Listen Later Feb 13, 2025 25:52


In the fourth part of our series focused on planning for business owners, we discuss Defined Benefit (e.g., pension) plans which - when properly set up with businesses that are a good fit for the plan - can enable much higher contribution potential than Defined Contribution (e.g., 401(k)) plans. Join us to explore the factors business owners should consider when evaluating the options available to them when initially selecting, upgrading, OR adding features to an existing plan.Contact: Ben@abundancewm.comWebsite: Abundance Wealth ManagementShow music: Can We Go by The Violet NinesDISCLAIMERThe discussions contained in and referred to in this podcast are provided for educational, informational, and entertainment purposes only. The information, statements, comments, views, and opinions expressed or provided are not necessarily those of Abundance Wealth Management LLC and may not be current. Abundance Wealth Management LLC does not make any representation or warranty as to the accuracy or completeness of any of the information, statements, comments, views, or opinions contained in this podcast, and any liability therefore (including in respect of direct, indirect or consequential loss or damage of any kind whatsoever) is expressly disclaimed. Abundance Wealth Management LLC does not undertake any obligation whatsoever to provide any form of update, amendment, change or correction to any of the information, statements, comments, views, or opinions set forth in this podcast.You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented in this podcast without undertaking independent due diligence and consultation with a professional wealth management advisor. You understand that you are using all information available on or through this podcast at your own risk. Hosted on Acast. See acast.com/privacy for more information.

V-FM: The Pensions Podcast
V-FM Pensions #93: The podcast's response to the Government's Consultation on its proposed reforms to the DC pensions market

V-FM: The Pensions Podcast

Play Episode Listen Later Jan 3, 2025 97:55


A Happy New Year to all our listeners!! In this episode of V-FM Pensions, Darren and Nico kick off the year with an in depth discussion of the UK Government's consultation on reforms to the Defined Contribution pension market. This consultation is part of the Mansion House package of measures published on 14 November 2024. We chat through the main elements of the consultation including: the (flawed?) premise behind the Mansion House agenda; what scale really means and what we actually mean by a default; bulk transfers without consent; and the role of employers and advisers in choosing a pension scheme. This is our response to the Government's consultation. Fair to say it asks more questions than it answers, but we hope it helps and that others find it useful as they go about pulling together their own responses.

401(k) Specialist Pod(k)ast
4 DC Trends to Watch for in 2025 with Vanguard's Jeff Clark

401(k) Specialist Pod(k)ast

Play Episode Listen Later Dec 16, 2024 10:17


With the new year quickly approaching, it's a good time to think about some of the key trends to watch out for in 2025. Vanguard Head of Defined Contribution Research Jeff Clark—who is the author of the company's popular “How America Saves” research—joins the 401(k) Specialist Podcast to talk about four 2025 retirement trends he anticipates will impact the workplace retirement plan market next year. podcast here Clark covers growing Roth contribution options, increases in auto enrollment, why to expect a broader focus on financial wellness, and continued momentum for in-plan lifetime income options.

Institutional Real Estate, Inc. Podcast
Episode 1219: The Defined Contribution Real Estate Council a dozen years on

Institutional Real Estate, Inc. Podcast

Play Episode Listen Later Nov 26, 2024 28:37


Ben Adams, the founder and CEO of Ten Capital Management, as well as founder and chairman emeritus of the Defined Contribution Real Estate Council (DCREC), joins us to discuss his organization's progress in adding real estate investment options to DC plans. (11/2024)

Institutional Real Estate, Inc. Podcast
Episode 1219: The Defined Contribution Real Estate Council a dozen years on

Institutional Real Estate, Inc. Podcast

Play Episode Listen Later Nov 26, 2024 28:37


Ben Adams, the founder and CEO of Ten Capital Management, as well as founder and chairman emeritus of the Defined Contribution Real Estate Council (DCREC), joins us to discuss his organization's progress in adding real estate investment options to DC plans. (11/2024)

Aon Pensions Podcast
Retirement Update - 2024 Autumn Budget

Aon Pensions Podcast

Play Episode Listen Later Oct 30, 2024 14:26


2024 Autumn Budget In their Fiscal Risks and Sustainability Report the Office of Budget Responsibility (OBR) baseline projection had debt to GDP rising to over 270% of GDP within the next 50 years: a level higher than the World War II peak and Japan's elevated levels. Has Rachel Reeves done enough in the budget to address this? Are there unintended consequences of the announcements including changes to employer national insurance contributions and the proposed changes to bring unspent pensions into the inheritance tax regime? In this Budget Special Podcast: Aon Wealth's Jennifer Michel uncovers the most important takeaways from the budget and will be asking Aon's Head of UK Retirement Policy, Matthew Arends, Defined Contribution expert, Steven Leigh, and Head of Asset Allocation, Derry Pickford, what the implications are for pensions, financial markets, and the UK economy.

Institutional Real Estate, Inc. Podcast
Episode 1180: The mission to boost defined contribution plans with private alternatives

Institutional Real Estate, Inc. Podcast

Play Episode Listen Later Jul 16, 2024 30:24


Jonathan Epstein, founder and president of The Defined Contribution Alternatives Association, has been a member of the defined contribution community for 24 years. Currently, he aims to bring more portfolio alternatives to the nation's millions of DC plan participants. (07/2024)

The Road to Retirement with Tripp Limehouse
The conversation discusses the changes in retirement planning over the past 20 years, including the shift from defined benefit to defined contribution plans. It also covers the introduction of the Roth 401(k) and the automatic enrollment in 401(k) plans.

The Road to Retirement with Tripp Limehouse

Play Episode Listen Later Jun 28, 2024 49:30


The conversation discusses the changes in retirement planning over the past 20 years, including the shift from defined benefit to defined contribution plans. It also covers the introduction of the Roth 401(k) and the automatic enrollment in 401(k) plans. The conversation emphasizes the importance of having a plan and saving for retirement. Other topics mentioned include catch-up provisions, contribution limits, and potential reforms to address Social Security's solvency issues. The impact of Federal Reserve rate cuts and hikes on retirement planning is also discussed. They also emphasize the importance of having a written plan for retirement and offer educational events for listeners to learn more about retirement planning. To connect with Tripp call 800-940-6979. Visit Limehouse Financial to learn more.See omnystudio.com/listener for privacy information.

Be More Than A Fiduciary
Joel Shapiro: Aligning Your DC Plan IPS With Your Investment Monitoring

Be More Than A Fiduciary

Play Episode Listen Later May 15, 2024 36:54


Joel is a former practicing ERISA attorney and long-tenured member of NFP Retirement's senior management team. As President of NFP Retirement Joel is charged with expanding the retirement practice in terms of scale, breadth of services, and geographical footprint. Leveraging both his legal and investment experience, Joel seeks to ensure that the NFP Retirement practice is cutting-edge in providing exceptional client experiences at all levels. Joel came to 401(k) Advisors in February 2006 from Hewitt Associates with over 10 years of technical experience related to 401(k) plans and ERISA issues. Prior to this, he practiced law with the law firm Fennemore Craig, P.C. in Phoenix, Arizona.Joel earned his BA from Tufts University; his JD from the Washington College of Law at the American University; and, his LL.M in taxation from the Georgetown University Law Center. He has passed the FINRA Series 6, 63, and 65 exams and is a frequent speaker at industry events, such as The Society for Human Resource Management.In 2009, 2010, and 2011 he was named among the prestigious 401kWire / 401kExchange “Top 60" and "300 Most Influential Advisors in Defined Contribution” list and received Top Ten status for his asset category.On a personal side, Joel is an avid sports enthusiast, a collector of multimedia art, and enjoys spending time on the beach with his family and Fitz and Ginger (their Weimaraner and Vizsla, respectively) and coaching the boys to football championships!In this episode, Eric and Joel Shapiro discuss:Three essential documents for making prudent investment decisionsCreating a well-defined IPS The fiduciary investment review scorecard system The purpose of writing a meeting minutes document Key Takeaways:The investment policy statement (IPS), fiduciary investment review, and meeting minutes are documents that represent the past, present, and future of the investment process and provide a clear roadmap for the committee to follow.The IPS is a critical document that should provide clear guidelines for fiduciaries to make informed decisions. It should be easily understandable and should have separate sections for different asset types. A well-defined IPS should typically lead committee members to the same conclusion, even without an advisor's input.The fiduciary investment review is another important tool for evaluating investments. The information presented should align with ERISA's dictates on prudence and should break down investments into different categories, evaluating them based on style analytics, risk return against benchmarks, peer group rankings, and qualitative factors like manager tenure and expense ratios. Meeting minutes document the committee's decision-making process and provide a record of the discussions and actions taken. They demonstrate that the committee is following a sound process and making prudent decisions based on the information available.“To the young ERISA practitioner, don't be afraid of the committee member who asks tough questions. Engage them. Those are the individuals, frankly, that are going to make you a better practitioner.” - Joel ShapiroConnect with Joel Shapiro:LinkedIn: https://www.linkedin.com/in/joel-shapiro-687b044/ Connect with Eric Dyson: Website: https://90northllc.com/Phone: 940-248-4800Email: contact@90northllc.com LinkedIn: https://www.linkedin.com/in/401kguy/ The information contained herein is general in nature and is provided solely for educational and informational purposes.It is not intended to provide a specific recommendation of any type of product or service discussed in this presentation or to provide any warranties, financial advice or legal advice.The specific facts and circumstance of all qualified plans can vary and the information contained in this podcast may or may not apply to your individual circumstances or to your plan or client plan specific circumstances.

Dentists Who Invest
How The NHS Pension Actually Works with Luke Hurley DWI-EP242

Dentists Who Invest

Play Episode Listen Later Apr 17, 2024 75:39 Transcription Available


You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Unlock the secrets to one of the most lucrative pension systems out there with independent financial advisor Luke Hurley. As we navigate the NHS pension maze, you'll discover the historical layers and financial implications that could shape your future. The NHS pension—often considered the crown jewel for healthcare professionals—holds a unique place in the retirement planning of dental professionals. With Luke's expert insights, we cover the scheme's structure, the intricacies of the 1995, 2008, and 2015 sections, and the impact of normal pension age on your pocketbook.Throughout this talk, we contrast Defined Benefit and Defined Contribution pensions, providing a clear understanding of inflation protection and their respective roles in the pursuit of financial independence. For those weighing up the options between managing their own portfolios and the managed funds route, we delve into the debate with a critical eye, highlighting the advantages of passive funds. And for young dentists wondering about the sustainability of the NHS pension, I share a personal anecdote that underlines the importance of informed participation and the lessons learned from early career choices.The financial journey doesn't stop with pensions, as we also examine the differences between private pensions and ISAs, discussing their tax implications and accessibility for your goals. Additionally, we tackle the complex allowances that come with NHS pensions, offering practical advice on how to stay on top of your contributions and avoid common pitfalls. With Luke's guidance, you'll come away with the knowledge to manage your NHS pension with confidence. So tune in, and take the first step towards securing your financial future with clarity and assurance.

Talking Family Law - The Resolution Podcast
Resolution Podcast S3 Episode #8 | PAG2, Pensions, and a Goodbye to Hilary | w/ Hilary Woodward, Paul Cobley and & Rhys Taylor

Talking Family Law - The Resolution Podcast

Play Episode Listen Later Mar 25, 2024 57:21


This month we are joined by Hilary Woodward (Honorary Senior Research Fellow with Bristol School of Law), Paul Cobley (Oak Barn Financial Planning) and Rhys Taylor (36 Group) to discuss PAG2: https://www.nuffieldfoundation.org/wp-content/uploads/2023/A-guide-to-the-treatment-of-pensions-on-divorce-2nd-edition.pdf Hilary tells us about the changes in PAG2 and mentions the guide to the changes which is available on the webpage: https://www.nuffieldfoundation.org/wp-content/uploads/2019/11/The-PAG2-Guide-%E2%80%93-What-Has-Changed-1.pdfThe changes include the Divorce, Dissolution and Separation Act 2020, apportionment, short-marriages, lifetime allowance, Galbraith tables, and where there is an age-gap between the parties. Rhys explains the Galbraith tables – which is an attempt to provide the ‘true value', or ‘market value' of a defined benefit pension (not defined contribution schemes) for the purpose of divorce other than by use of the CE.  They provide a multiplier according to the person's age and benefit to use against the income stream for a pension.  PAG2 says they are useful starting point, but remember they are a tool not a rule, which can be used when considering off-setting without the assistance of a PODE.  They have not had high level judicial consideration but they do appear in At A Glance.  Remember the current tables were drafted in early 2022 so just as the war in Ukraine started, and prior to Liz Truss' terms as Prime Minister so there have been lots of changes in the bond markets since then.  The tables will be updated in the next At A Glance.  Paul reminds us that most of the time we are dealing with deferred pension scheme benefits i.e. where an employee has a pension scheme benefit from a previous employer.  It is therefore really important that you obtain the re-valued income to today's date and not what the income would have been on date the person left the company before applying the multiplier.  We discuss off-setting, and that the key thing to ask yourself is do you have a broad handle on what the gross value of the pension is worth before you start trading it with other assets. Followed by apportionment - when is it appropriate, including in short marriage cases.  Importantly PAG2 stresses that the relevant date, when apportionment is appropriate, is when seamless cohabitation prior to marriage commences – therefore we all should stop asking seeking the additional pension calculation from when the actual marriage starts.  We discuss that the Lifetime Allowance is being abolished by the Finance Act (No. 2) 2023:https://www.gov.uk/government/publications/abolition-of-the-lifetime-allowance-from-6-april-2024/abolition-of-the-lifetime-allowance-lta#:~:text=At%20Spring%20Budget%202023%2C%20the,work%20to%20abolish%20the%20LTA%20. The lifetime allowance tax charge has in effect already been abolished, and from the 6th April 2024 the lifetime allowance will be abolished.  However, it will be replaced by the lump sum allowance, and the lump sum and death benefit allowance in the future.  The complexity comes that if a person had lifetime allowance protection before 6th April 2024 that allows a higher lump sum than is available on the standard lump sum allowance basisunder the new Act, they would still be able to benefit from the previous protections. Therefore, you must still find out whether the parties have a lifetime allowance protection.  There are four new suggestions for dealing with when there is an age gap between the parties, and one party is receiving their pension, and the other person needs the pension to meet their needs but is too young to receive it currently.  PAG2 now also suggests consideration of judicial separation (not divorce), spousal maintenance, an increased percentage PSO or consecutive orders (pension attachment to pension sharing orders).  Also deferred pension sharing orders are technically possible but inherently risky.  We discuss the problem with ‘moving target syndrome' i.e. that the value of the pension at the time of the transfer is likely to be different to the value it was at the time of reports/ trial.  This is particularly an issue with Defined Benefit Schemes, although it affects Defined Contribution schemes too.  Unfortunately, in the last two years the values have often been a lot less at implementation (where in the past they have been a lot higher).  It is important that we advise clients of these risks.  Hilary, Paul and Rhys endorse the Survival Guide to Pensions on Divorce: - https://www.advicenow.org.uk/guides/survival-guide-pensions-divorceFor lay clients and litigants in person.  It is too is being updated, and is due to be released in May 2024.  Finally we say goodbye to Hilary.  Do read Rhys' article about Hilary in the financial remedy journal at: - https://financialremediesjournal.com/content/interview-with-hilary-woodward.871526729c204f91bd4346757b9895b2.htm

That Annuity Show
217 - The Peak 65 Zone Is Here With Jason Fichtner

That Annuity Show

Play Episode Listen Later Mar 22, 2024 42:11


217 - The Peak 65 Zone Is Here With Jason Fichtner Jason Fichtner, Chief Economist, Bipartisan Policy Center & Executive Director, Retirement Income Institute, Alliance for Lifetime Income joins us today to talk to us about his latest paper. Jason recently released the 2024 edition of “The Peak 65® Zone Is Here – Creating A New Framework For America's Retirement Security". On our show, Jason Fichtner discusses this paper, the retirement income challenge, and the need for protected income strategies.  He highlights the moment and the retirement challenges faced by the baby boomer generation. Fichtner emphasizes the transition from defined benefit to defined contribution plans and the importance of optimizing Social Security benefits. He also discusses the use of bridge annuities to convert retirement assets into a stream of income. The role of the workplace in retirement planning and the need for prescriptive advice are also discussed.  The conversation explores the need for protected income products in defined contribution plans and the role of defaults in retirement planning. It also discusses the importance of educational tools and calculators for retirement planning and the impact of narrative framing and behavioral elements in retirement decision making. The narrative on retirement income strategies is changing, and there is a need to expand the message and address retirement security for multiple generations.   Takeaways: The retirement income challenge is a significant issue, with many individuals struggling to convert their retirement assets into a stream of income that will last their lifetime. The Peak 65 moment is approaching, with millions of Americans turning 65 each year. This highlights the urgency to address retirement challenges and ensure financial security for retirees. The transition from defined benefit to defined contribution plans has shifted the responsibility of retirement savings and income planning to individuals. This has created a need for protected income strategies, such as annuities. Employers play a crucial role in retirement planning, as employees often trust them for information and guidance. Employers can provide education and resources to help employees make informed decisions about their retirement income. Protected income products should be included in defined contribution plans to provide retirement security. Defaults can play a role in retirement planning by offering options that fit the majority of the population, with an opt-out option. Educational tools and calculators can help individuals understand the benefits of delaying social security and bridge the gap in retirement income. Narrative framing and behavioral elements are important in influencing retirement decision making. The conversation on retirement income strategies is shifting towards a holistic approach. There is a need to expand the message on retirement security and address the challenges faced by multiple generations.   Chapters 00:00 Introduction and Background 00:47 Jason's Roles and Expertise 04:13 Peak 65 and Retirement Challenges 05:11 Financial Challenges and Trust Fund Insolvency 06:03 Transition from Defined Benefit to Defined Contribution 07:25 Personal Experience and Retirement Savings 08:11 Optimizing Social Security Benefits 10:04 Bridge Annuities and Protected Income 11:29 Calculating Retirement Income 16:23 Role of the Workplace in Retirement Planning 21:50 Protected Income Products in Defined Contribution Plans 23:27 The Role of Defaults in Retirement Planning 25:17 Educational Tools and Calculators for Retirement Planning 30:20 Narrative Framing and Behavioral Elements in Retirement Decision-Making 35:02 Changing the Narrative on Retirement Income Strategies 38:03 Expanding the Message and Addressing Retirement Security 39:51 The Retirement Challenges for Multiple Generations Read more here: 

The Retirement Wisdom Podcast
How Happy are Retirees? – Nate Miles

The Retirement Wisdom Podcast

Play Episode Listen Later Mar 14, 2024 17:35


Don't drift into your retirement. Design it. Join us in the next Design Your New Life in Retirement group program starting April 26. _____________________ Who knows more about whether or not you're ready to retire? Your financial advisor - or you? While you're diligently planning for your retirement and dreaming to retire happy, the retirement landscape keeps evolving around you. Let's take a look at what's happening in the world of retirement with Nate Miles of Allspring Global Investments. He joins us to the discuss key trends highlighted in their latest study on retirement, including happiness in retirement, retirement readiness, what retirees regret - and more. Nate Miles joins us from North Carolina. ___________________ Bio Nathaniel (Nate) Miles is head of Global Client Strategy at Allspring Global Investments. As the leader of this business, Nate leads a team of investment specialists centered on client-type expertise, which enables Allspring to be more relevant and impactful with clients. Client-type areas of expertise include Defined Contribution, Pension/LDI, Insurance, Liquidity, Foundations and Endowments, and Wealth. Nate joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM from WisdomTree Asset Management, where he served as U.S. head of retirement solutions. In this capacity, he oversaw the creation and execution of marketing strategies and distribution for retirement business across all platforms. Prior to this, Nate worked as a managing director at State Street Global Advisors and as head of U.S. investment strategy with its defined contribution team, where he began his investment industry career in 2005. Nate earned a bachelor's degree in economics and financial management with honors from Wilfrid Laurier University. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Society Boston. _________________________ For More on Nate Miles  The 21st annual Allspring Global Investments Retirement Survey: A Clear Vision of Retirement Allspring Global Investments _________________________ Podcast Episodes You May Like Life in Retirement: Expectations & Realities – Catherine Collinson Retire Happy – Dr. Catherine Sanderson _________________________ Wise Quotes  On Happiness in Retirement "The one thing that we found out every year is our study says and relates how happy retirees are. So that wasn't new, but we are trying to get to the why. And one of the things we found this year for the first time was that on average retirees could have their spending decline by 25% before it significantly impacted their happiness. So that was a bigger number than I expected, but was corroborated by the fact that when we asked them about their spending on things like their needs, wants and wishes, that only tallied up about 64% of total income. So those numbers actually jive together and I think are a nice story and a nice finding from this study." On Retirement Readiness "Advisors ranked their clients as 40% of them being generally ready for retirement. Near retirees were down below 40%. So there was actually a positive spread. I would say advisors believed them to be a little more prepared, but retirees were up around 77%, so clearly much happier. So overall we had advisors at about 50% of their client base being ready for retirement versus a total population of 64%. But that's really broken down between those two groups where the retirees were much more confident than near retirees." On Regrets "It was a little bit harder to find regrets because our retirees tend to be generally pretty happy. They don't tend to have much complaint about retirement. It is generally better than they expected.  One was the too early crowd. We saw some that retired before age 50, 38% suggested that it was too early. They wished they would've hung on and worked a little bit longer...

The Broadcast Retirement Network
Considering Private Real Estate as a Foundation for Multi-Asset Defined Contribution Plan Investment Options

The Broadcast Retirement Network

Play Episode Listen Later Mar 14, 2024 18:25


#BRNAM #1665 | Considering Private Real Estate as a Foundation for Multi-Asset Defined Contribution Plan Investment Options  | Jonathan Epstein, DCALTA, Jani Venter, J.P. Morgan Asset Management,  Clint Cary, Cary Solutions & Hayden Gallary, Cambridge Associates   | #Tunein: broadcastretirementnetwork.com #JustTheFacts | For more information visit https://www.dcalta.org/  

Financial Services Unplugged with Tom McPhail
Collective Defined Contribution schemes are going to save pensions

Financial Services Unplugged with Tom McPhail

Play Episode Listen Later Mar 14, 2024 47:39


Adrian Boulding makes a compelling case, not just why CDC schemes are a good idea but also, crucially how they are actually going to happen

The Broadcast Retirement Network
Autoenrollment and auto escalation in State and Local Government Defined Contribution Plans

The Broadcast Retirement Network

Play Episode Listen Later Mar 13, 2024 15:30


#BRNAM #1664 | Autoenrollment and auto escalation in State and Local Government Defined Contribution Plans | Zhikun Liu, Ph.D., CFP, Head of Retirement Research, MissionSquare Research Institute and John Saeli, Managing Vice President, MissionSquare Retirement | #Tunein: broadcastretirementnetwork.com #JustTheFacts  | For more information visit https://research.missionsq.org/retirement  

Allworth Financial's Money Matters
The current state of the economy, a defined contribution plan question, the beauty of a solo 401(k), and when taking Social Security isn't so simple.

Allworth Financial's Money Matters

Play Episode Listen Later Feb 3, 2024 52:28


On this week's Money Matters, Scott and Pat start the show by discussing current economic news with Allworth Chief Investment Officer Andy Stout.  A California caller asks whether he should put money into a defined contribution plan and then roll the funds over to a Roth account.  You'll hear why Scott and Pat think a Colorado woman should open a solo 401(k). Finally, they explain a time when taking Social Security isn't so simple.    Join Money Matters:  Get your most pressing financial questions answered by Allworth's CEOs Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here.  You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Big Picture In Practice
2024 Trends in Retirement Savings and Spending With BlackRock

Big Picture In Practice

Play Episode Listen Later Feb 1, 2024 32:27


In this episode, the Big Picture in Practice podcast breaks down retirement spending and saving trends.KC Boas, the head of retirement marketing at BlackRock, shares her outlook on emerging retirement solutions including: Life expectancy and retirement planning. Access and inclusion issues in retirement. Secure Act 2.0 and retirement.You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts.Additional resources:Catch up on previous episodes: https://www.morningstar.com/views/podcasts/big-picture-in-practiceCheck out our blog: https://www.morningstar.com/views/podcasts/big-picture-in-practice/retirement-savings-spending-trends](https://www.morningstar.com/views/podcasts/big-picture-in-practice/retirement-savings-spending-trends)Subscribe to our newsletter: https://www.morningstar.com/business/insights/research/big-picture-in-practice-newsletterQuestions or ideas? Email us at bigpictureinpractice@morningstar.com.

The Broadcast Retirement Network
Alternatives continue to make gains and improve outcomes in U.S. Defined Contribution Plans

The Broadcast Retirement Network

Play Episode Listen Later Jan 9, 2024 25:15


#BRNAM #1603 | Alternatives continue to make gains and improve outcomes in U.S. Defined Contribution Plans | Jonathan Epstein, AIF, DCALTA, Avi Turetsky, Ares Management Corporation , Sheridan Porter, FEV Analytics and Clint Cary, Cary Solutions  | #Tunein: broadcastretirementnetwork.com #JustTheFacts Visit dcalta.org for more information

UBC News World
Home Equity & Defined Contribution Plans As Part Of Retirement Income Planning

UBC News World

Play Episode Listen Later Nov 27, 2023 2:28


If you're curious about how to maximize your cash influx during retirement, Assets offers a guide to understanding different sources of income in the golden years. Visit https://assets.net/what-counts-as-income-in-retirement-exploring-your-options for more details. Assets City: New York Address: 60 W 23rd St Website https://assets.net/ Phone +1-877-675-4340 Email scott.hall@betteronlineinfo.com

America's Wealth Management Show with Dean Barber
Pension Plans: Defined Benefit vs. Defined Contribution

America's Wealth Management Show with Dean Barber

Play Episode Listen Later Aug 10, 2023 23:06


Did you know that only 15% of private companies offer pension plans today? That's compared to 86% of state and local governments that have pension plans. Obviously, there are a lot of people that don't work for the government and don't have access to pension plans, though. Nevertheless, we see people with pension plans and help them all the time. If you have questions about pension plans, follow along here as we break down the differences between defined benefit and defined contribution plans. Retirement Plan Checklist: https://www.modwm.com/retirement-plan-checklist/?utm_source=AWMS_Pod&utm_medium=AWMS&utm_campaign=pension-plans What to Do with a 401(k) After Retiring: https://youtu.be/FtOr-DU-nms Must-Knows for Couples Retirement Planning: https://youtu.be/o4eiAkWGc3k What Is Longevity Risk and How Do You Plan for It?: https://youtu.be/OMoWFA7_NiE Maximizing Social Security Benefits: https://youtu.be/r2mb_UpN-lw Start Planning: https://www.modwm.com/retirement-planning-tool/radio/?utm_source=AWMS_Pod&utm_medium=AWMS&utm_campaign=pension-plans Schedule: https://www.modwm.com/meet-with-a-top-financial-advisor-in-kansas-city/?utm_source=AWMS_Pod&utm_medium=AWMS&utm_campaign=pension-plans Check out our other podcast! The Guided Retirement Show: https://www.youtube.com/c/theguidedretirementshow

Retiring With Enough
Maximizing Wealth Potential: Harnessing Workplace 401(k) Plans

Retiring With Enough

Play Episode Listen Later Aug 8, 2023 16:47


The 401(k) is one type of Defined Contribution plan that allows employees to save in a tax-deferred or tax free vehicle while also gaining matching funds from the employer. It can be one of the best ways to fund retirement if workers understand 401(k) plan benefits!If you'd like to be a part of a free online retirement community, join us on Facebook: https://www.facebook.com/groups/399117455706255/?ref=share

The Broadcast Retirement Network
#BRNAM #1300 | DCREC celebrates 10 years: The growth of real estate access in U.S. defined contribution retirement plans

The Broadcast Retirement Network

Play Episode Listen Later Jun 7, 2023 31:58


#BRNAM #1300 | DCREC celebrates 10 years: The growth of real estate access in U.S. defined contribution retirement plans | Mary Adams, ECG & David Skinner, former President of DCREC & Greg Jenkins, CFA, Invesco   | #Tunein: broadcastretirementnetwork.com or your #favorite #streaming / #podcast / #smarttv / #localtv / #digital #platform

Critical Point
SECURE 2.0, Part 1: Tips for DC plans navigating contribution changes

Critical Point

Play Episode Listen Later May 23, 2023 23:01


When the SECURE 2.0 Act passed in late 2022, it introduced 92 provisions affecting retirement plans—and created a long to-do list for plan professionals. In this episode of Critical Point, Milliman employee benefits expert Nina Lantz talks with Brandy Cross, our director of defined contribution (DC) plan compliance, about how DC plans are coping. Learn which provisions plan sponsors are addressing first, and why it's OK to wait before making plan changes. Plus, don't miss Nina's companion episode on SECURE 2.0's impact on defined benefit plans.You can read the episode transcript on our website .

Afternoons Live with Tyler Axness
North Dakota Moving to Defined Contribution Pension Plan

Afternoons Live with Tyler Axness

Play Episode Listen Later Apr 25, 2023 11:44


Nick Archuleta, ND United President, is on Afternoons Live with Tyler Axness to talk about this move and why ND United was against the change.See omnystudio.com/listener for privacy information.

FMBA Nation
Episode 58. Defined Contribution Retirement Plan (DCRP) PFRSNJ with Matt Lubin

FMBA Nation

Play Episode Listen Later Feb 28, 2023 25:49


In this episode, FMBA Nation host Bill Brower speaks with PFRSNJ Trustee, Matt Lubin, about the DCRP - Defined Contribution Retirement Plan, and how it affects the Tier 2 and Tier 3 members of the PFRSNJ. For anyone that has 14 years or less in the PFRSNJ, this is a must listen to episode to educate you on the DCRP enrollment, contribution rates, salary limit, and more. 

The Broadcast Retirement Network
BRN AM | Reconnecting Defined Benefit and Defined Contribution Plan Investment Structures

The Broadcast Retirement Network

Play Episode Listen Later Oct 31, 2022 22:18


BRN AM |  Reconnecting Defined Benefit and Defined Contribution Plan Investment Structures | Marco Merz, CFA, University of California Office of the President   | Tunein: broadcastretirementnetwork.com or your favorite streaming / podcast / smarttv platform

401(k) Fridays Podcast
Pooled Employer Plans, Canaries & Managed Accounts

401(k) Fridays Podcast

Play Episode Listen Later Oct 21, 2022 22:47


I am happy to welcome back another guest who seemingly had predictive powers in prior episodes to briefly reflect on that prediction and give his crystal ball another look. Joining me is Jason Roberts, CEO of Pension Resource Institute and Retirement Law Group and managing partner at Group Plan Systems. Jason also shares input on evaluating some services plan sponsors use that are tougher to compare than say a large cap growth fund. Lot's of food for thought today, I hope you get as much out of the conversation as I did.    Coming up on the podcast, we are going to delve into the conversation of whether auto everything works in retirement plans, check in on the markets and economy and much more. If you have ideas for a future guest or topic, please send me a message on LInkedIn and we will take it from there.    Guest BIo Jason C. Roberts is an attorney who focuses on the intersection of tax, ERISA and securities laws and regulations.  He is the founder and CEO of Pension Resource Institute, LLC (PRI) – a consulting firm that helps banks, broker-dealers and investment advisers with compliance, training and practice management focused on serving retirement investors.  Jason is also the founder and managing partner of Retirement Law Group (RLG) – a law firm for plan sponsors, investment professionals and service providers concerning all aspects of retirement-related products and services – and a founder and managing member of Group Plan Systems (GPG) – a professional, independent fiduciary services organization that administers and serves as a “named fiduciary” for employer-sponsored retirement plans.   Prior to founding PRI, RLG and GPS, Jason was a partner and co-chair of the Financial Services Group at a leading ERISA law firm and the head of the Investment Fiduciary practice for a national securities law firm.   Jason has published numerous articles focusing on ERISA and securities compliance, fiduciary best practices and is a frequent speaker at retirement plan and financial industry conferences. He is a contributing author and faculty member for the Practicing Law Institute, has been repeatedly recognized as one of the “100 Most Influential in Defined Contribution” by the 401(k) Wire and a “Rising Star” by SuperLawyers Magazine.  Jason was also selected by InvestmentNews as one of the “Top 40 Advisors & Associated Professionals under 40” and was tapped by the Wall Street Journal for its Ask the Experts series, answering readers' questions relating to Department of Labor Fiduciary Regulations.   Jason received his B.S.B.A in Finance and Banking from the University of Missouri and his J.D. from UCLA Law School.   Outside of work, you can find Jason fishing offshore, gardening, tending a wide range fresh citrus in his grove, cooking, and spending time with his wife, Val, and children, Lola and Spencer.   401(k) Fridays Podcast Overview Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 225 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode every other Friday!

Afternoons Live with Tyler Axness
Defined Benefit Retirement Plan rather than a Defined Contribution Retirement Plan for ND State Employees

Afternoons Live with Tyler Axness

Play Episode Listen Later Sep 22, 2022 13:58


Nick Archulet, President of North Dakota United, is on Afternoons Live with Tyler Axness to discuss potential changes to the retirement plan for state employees in North Dakota.See omnystudio.com/listener for privacy information.

HR Trends
Inflation and supporting employee wellbeing

HR Trends

Play Episode Listen Later Sep 6, 2022 27:36


The swift rise in inflation and worries about a potential recession have taken a financial and emotional toll on employees. In this episode, financial and wellbeing experts — Martha Leiper, Carl Gagnon and Laurie Mitchell — share their insights about what's driving inflation and the practical steps organizations can take to support the people that power their business.  Key TakeawaysSeveral factors are increasing the inflation pressure on the economy. Many businesses are grappling with rising supply costs and shortages, as well as a tight labor market and wage inflation. And businesses are having to pass those costs to their customers. [7.12]Workers are often not aware about their employer's resources. Most employers offer some resources for emotional and mental health wellbeing and it's important to build awareness around them before workers get to a place of severe stress. [12:48]Know your risk tolerance. Take control of what you can. “A time of turmoil is not a time to panic and sell your investments, because you will be selling at low valuation. “If you're close to retirement, you should be out of the more volatile securities,” said Martha Leiper. “But if you're young in your career, don't panic, these types of times tend to create good buying opportunities, and the markets will correct, and your savings will grow over time.” [13.59]Diversify savings to ride economic cycles. Offer employees more saving options to respond to different needs, such as building an emergency savings fund, and asset diversification for their retirement plans. [17.13]Engage employees in different ways. Find a balance in addressing the benefit needs of a diverse workforce. And offer workers easy options to engage, including in-person, phone and virtual. [22:09]Design programs across the spectrum of total rewards. Employees want to engage, but they're also concerned about their personal privacy. “Whether you're dealing with financial or mental health — it's about engaging the employees to use the tools that are there and being pleasantly surprised at what those tools can offer an employee,” said Carl Gagnon. [22:36] Featured Speakers Martha LeiperExecutive Vice President and Chief Investment Officer, UnumMartha Leiper is responsible for the investment and asset management strategies of Unum's portfolio. She serves on the Board of Directors for the Chattanooga Food Bank and River City Company, and on the Investment Committee with the Chattanooga Community Foundation.  Carl GagnonAssistant Vice President, Financial Wellbeing & Retirement Programs, UnumCarl Gagnon is responsible for the day-to-day operations, regulatory oversight and compliance of the Unum global financial well-being and retirement programs, including the Defined Benefit, Defined Contribution and Non-Qualified retirement plans and various flex benefit programs offered within its international operations. Laurie MitchellAssistant Vice President, Global Wellbeing & Health Management, UnumLaurie Mitchell took a slightly nontraditional career path for a registered dietitian nutritionist and has been leading comprehensive employer-sponsored population health and well-being strategy for more than 22 years. Her work focuses on actively engaging employees in their well-being through a mix of innovative programs, benefits, policies and health-forward environmental approaches. 

Wells Fargo Asset Management: On The Trading Desk(R)
Exploring Trends in Defined Contribution

Wells Fargo Asset Management: On The Trading Desk(R)

Play Episode Listen Later Aug 31, 2022 15:01


Nate Miles, head of Retirement here at Allspring Global Investments, speaks with Ron Cohen, head of Defined Contribution Investment Only Distribution, on the maturing of the DC (defined contribution) marketplace and key trends that he’s seeing in the space. Podcast length – 13:11, Disclosure length – 1:50 Allspring Global Investments is the trade name for the asset management firms of Allspring Global Investments Holdings, LLC, a holding company indirectly owned by certain portfolio companies of GTCR LLC and Reverence Capital Partners, L.P. These firms include but are not limited to Allspring Global Investments, LLC, and Allspring Funds Management, LLC. Certain products managed by Allspring entities are distributed by Allspring Funds Distributor, LLC (a broker-dealer and Member FINRA/SIPC).This material is for general informational and educational purposes only and is NOT intended to provide investment advice or a recommendation of any kind—including a recommendation for any specific investment, strategy, or plan. PAR-0822-00981

Wells Fargo Asset Management: On The Trading Desk(R)
Exploring Trends in Defined Contribution

Wells Fargo Asset Management: On The Trading Desk(R)

Play Episode Listen Later Aug 31, 2022 15:01


Nate Miles, head of Retirement here at Allspring Global Investments, speaks with Ron Cohen, head of Defined Contribution Investment Only Distribution, on the maturing of the DC (defined contribution) marketplace and key trends that he's seeing in the space. Podcast length – 13:11, Disclosure length – 1:50 Allspring Global Investments is the trade name for the asset management firms of Allspring Global Investments Holdings, LLC, a holding company indirectly owned by certain portfolio companies of GTCR LLC and Reverence Capital Partners, L.P. These firms include but are not limited to Allspring Global Investments, LLC, and Allspring Funds Management, LLC. Certain products managed by Allspring entities are distributed by Allspring Funds Distributor, LLC (a broker-dealer and Member FINRA/SIPC).This material is for general informational and educational purposes only and is NOT intended to provide investment advice or a recommendation of any kind—including a recommendation for any specific investment, strategy, or plan. PAR-0822-00981

WPRV- Don Sowa's MoneyTalk
Defined Contribution Plans

WPRV- Don Sowa's MoneyTalk

Play Episode Listen Later Aug 18, 2022 43:37


If social security is the backbone of the retirement world, the defined contribution plan is the muscular system that keeps it supported. Don and Donna talk about how defined contribution plans work, how managing your behavior affects retirement outcomes, and the importance of consistent market participation. Hosts: Donald Sowa, CFP®, AIF® & Donna Sowa Allard, CFP®, AIF®; Air Date: 8/15/2022See omnystudio.com/listener for privacy information.

Build Wealth Canada Podcast - Personal Finance Mastery
Optimizing Investing Through Your Work - Employer Match, Defined Benefit, and Defined Contribution Pensions in Canada - Featuring Robb Engen from BoomerAndEcho.com

Build Wealth Canada Podcast - Personal Finance Mastery

Play Episode Listen Later Aug 10, 2022 79:31


One question that I've been getting asked a lot, both from listeners of the podcast, as well as those in my investing course, is how to deal with and optimize any sort of investments through your work.  Typically, in Canada, when you work for a mid-size or large organization, you'll either be part of a defined contribution pension plan, or a defined benefit pension plan.  We're going to cover both types of pensions in this interview, and specifically, some of the things we'll cover are: How should a pension factor into how you view your finances/investments? (And again, this is all going to be for both types of pensions, no matter which one you have). What should your portfolio look like with a pension (i.e. more equity than bonds?), especially depending on the type of pension that you have. How to factor a pension into an early retirement. The tax implications of potentially taking a buyout for early retirement (if that's an option) We cover all that, and much more in the interview (scroll down for the full list of questions).  Our Expert Guest: To help me with this, I have Robb Engen on the show, who is one of the most reputable fee-for-service financial planners that I know of in Canada.  He also runs one of the largest and most reputable personal finance blogs in Canada called boomerandecho.com.  He's regularly quoted or featured in financial media such as the Globe & Mail, MoneySense, the Financial Post, CBC, and Global News. He used to actually work for a university here in Canada, where he had one of those nice gold-plated pensions, but ended up transitioning from that to becoming self-employed, so he had to go through this pension analysis himself first-hand on what to do when you have a pension, and then no longer wish to stay with that employer.  Because of his background, first-hand experience with pensions, and fantastic reputation in this space here in Canada, I thought he'd be a great fit for this episode, as he's gone through these options and this analysis himself, so it's not just some theory that we're going to be talking about here. Resources Mentioned: Robb's Site: BoomerAndEcho.com Robb's Fee-for-Service Financial Planning Page: https://boomerandecho.com/fee-only-advice/ You can get your free Passiv account here: BuildWealthCanada.ca/free My guide on how to redeem your free premium account upgrade in Passiv is here: BuildWealthCanada.ca/passiv You can view the stock/equity side of my portfolio (what I invest in and how much of each ETF type I buy) here: BuildWealthCanada.ca/portfolio The account that I use for the safe part of my portfolio is here (I use the high-interest savings account, but they also do GICs if you are willing to lock in the money for a bit to get a higher rate): BuildWealthCanada.ca/safe Questions Covered: To start things off, can you take us through what the main pension types are for Canadians, and what are the key differences between them? How should the 2 different pension types factor into how you view your finances and investments? What should your investment portfolio look like, depending on the type of pension that you have? (ie. more equity than bonds if you have a defined benefit pension?) How do you factor in a pension into an early retirement? (for both pension types) What are the tax implications of potentially taking a pension buyout for early retirement? (if that's an option) Robb, you had a defined benefit pension when you worked at the university before becoming self-employed as a fee-for-service financial planner. Can you take us through how you decided between keeping the pension vs receiving the buyout? What are the pros and cons of each approach? When you have a defined benefit pension plan, your RRSP contribution room gets reduced. This begs the question of whether employees with good defined benefit pension plans should even bother with RRSPs. Let's also tackle this question for those with a defined contribution pension too. Let's talk about our investment options with the two different pension types. For people with defined benefit pensions, do they have any options in terms of how much to contribute, and what that money goes into? (ex. Something environmentally or socially conscious (ESG), something more aggressive, more conservative, etc?) For defined contribution pensions, you definitely have to pick what the money goes into but it can be overwhelming analyzing and choosing from the different investment options offered by the company that your employer has selected. When you speak to a client that is struggling with this, is there a certain process or approach that you suggest to them to help them decide on what investments to pick? I've gotten asked this a lot by students of my investing course so I came up with a process that I thought I'd share. Robb, feel free to jump in if you have anything to add or if you disagree on anything and that way listeners have a nice step-by-step process from both of us that they can use. Can you take us through some common mistakes that you see people do with the two different pension types? Thanks so much for coming on again Robb. We look forward to seeing you at the Canadian Financial Summit again this year as one of the speakers. Tell us again where we can see more of your, content, research, and learn more about your practice?

Salty Wisdom Wealth Strategies
26. Small Business Retirement Plans

Salty Wisdom Wealth Strategies

Play Episode Listen Later Jul 21, 2022 18:41


Welcome back to the Salty Wisdom Wealth Strategies podcast. Today I am going to talk about retirement plans for small businesses. As a small business owner, you are making money so now is the time to talk about putting some of that money away in a retirement account. It's best not to rely on others when it comes to securing your retirement plans. Here are some of the retirement plans I cover today: IRA Based Plans Defined Contribution Plans Defined Benefit Plans For some of these plans, it is best to have a professional help you set them up. For anyone who is looking into retirement, send me an email. I have some great resources to guide you. You can also set up a free consultation with me, and I would be happy to help you.   In This Episode [01:54] - Welcome to Salty Wisdom Wealth Strategies! [02:03] – I give examples of small businesses. [03:05] – There are three basic retirement accounts. [06:10] – A simple IRA plan is another easy plan. [07:29] – Several plans fall under the general category of Defined Contribution. [09:36] – The Defined Benefit Plans are good for older employees. [11:48] – Let's talk about women and retirement plans. [13:14] – Women live longer than their male counterparts. [16:35] – Contributions change every year. [17:57] – Everybody needs to set up a retirement plan. [18:16] – Thank you and closing remarks.   Contact Mark Melrose Wealth Manager Unity Wealth Management 980-262-4118 m.melrose@unitywealthmanagement.com

Aon Pensions Podcast
Episode 39 – Aon Retirement Podcast – June 2022

Aon Pensions Podcast

Play Episode Listen Later Jun 1, 2022 19:37


June 2022 – Focusing on the impact of high inflation on members In this podcast you will hear the key pension news from the last month summarised by Aon's Ricky Marsh. This month Ricky is joined by Aon's John Foster and Lynda Whitney to discuss the impact of the current high inflation environment on members of both Defined Contribution and Defined Benefit pension schemes, and how schemes can help their members to deal with this. Further information: Register for Aon's 2022 Pension Conference Series: https://www.aon.com/2022-pension-conference.aspx Read Paul McGlone's LinkedIn post on pension increases: https://www.linkedin.com/posts/paul-mcglone-9ab20435_a-lot-has-been-said-about-how-pension-increases-activity-6929354410108051456-5XJR?utm_source=linkedin_share&utm_medium=member_desktop_web

Moolala:  Money Made Simple with Bruce Sellery
Are High Fees Delaying Your Retirement

Moolala: Money Made Simple with Bruce Sellery

Play Episode Listen Later Mar 16, 2022 9:55


High fees could potentially set back your retirement date. Jillian Kennedy, a Partner and Leader of Defined Contribution and Financial Wellness at Mercer Canada, takes us through the results of the Mercer Retirement Readiness Barometer to see if that is true. Find out more at mercer.ca and connect with Jillian on LinkedIn.

UK Pensions Law – The View from Mayer Brown
Defined Contribution Schemes – Changing Landscape

UK Pensions Law – The View from Mayer Brown

Play Episode Listen Later Feb 21, 2022 9:55


In this episode, Beth talks about some of the keys changes that have been, and are being, introduced for defined contribution schemes including the pensions guidance stronger nudge, fees and collective DC schemes.

Open Windows Investing by TPFG
Matt Sommer: Very Insightful Research for Financial Advisors

Open Windows Investing by TPFG

Play Episode Play 30 sec Highlight Listen Later Jan 27, 2022 41:20 Transcription Available


In this Episode, host, Julie Mochan talks to Matt Sommer, Ph.D., CFA, CFP®,  Head of Defined Contribution and Wealth Advisor Services as Janus Henderson Investors.   Listen to Matt  for Amazing NEW Insight Into:  ✅The Secure Act 1.0 and 2.0✅The Effects of COVID-19 on the Advisory Business and Advisors✅New Research on the Value of An Advisor!✅ Diversity within the Financial Services Industry✅ New Studies on ESG Investing✅ Financial Industry or History Major?At TPFG, our success depends upon your advisory business flourishing

Eversheds Sutherland – Legal Insights (audio)
Barker's Dozen - all you need to know about collective defined contribution (CDC) in 13 minutes

Eversheds Sutherland – Legal Insights (audio)

Play Episode Listen Later Nov 9, 2021 13:14


In our latest pensions podcast, Sarah Swift, Michael Jones and Freya Stuart give a flavour of CDC, how it will work, and why it's an important development for pensions.

Meet The Expert with Elliot Kallen
Defined Benefit & Defined Contribution Plans with Eric Petersen - Meet The Expert with Elliot Kallen

Meet The Expert with Elliot Kallen

Play Episode Listen Later Nov 2, 2021 22:29


Meet The Expert with Elliot Kallen
Defined Benefit & Defined Contribution Plans with Eric Petersen - Meet The Expert with Elliot Kallen

Meet The Expert with Elliot Kallen

Play Episode Listen Later Nov 2, 2021 22:30


The State of Retirement: Shaping the Future
Episode 23: What are the Benefits and Challenges of Pooled Funding and Risk-Sharing in Collective Defined Contribution (CDC) Plans?

The State of Retirement: Shaping the Future

Play Episode Listen Later Jun 18, 2021 60:48


On this audio replay of CRI's May 13, 2021 webinar, Charles E.F. Millard, former Director, Pension Benefit Guaranty Corporation, and Senior Advisor, Amundi Asset Management moderates a discussion with panelists from the United Kingdom (David Pitt-Watson and Terry Pullinger), the Netherlands (Alwin Oerlemans), and the United States (Bradford Campbell) on challenges faced by defined contribution in turning savings into lifetime income and how experiences from abroad with collective defined contribution (CDC) plans can inform better plan designs for the US.

Ropes & Gray Podcasts
Anderson v. Intel—A Test Case Regarding the Prudence of Adding Alternative Investments to Defined Contribution Plan Menus

Ropes & Gray Podcasts

Play Episode Listen Later Apr 15, 2021 8:23


Ropes & Gray Podcasts
Anderson v. Intel—A Test Case Regarding the Prudence of Adding Alternative Investments to Defined Contribution Plan Menus

Ropes & Gray Podcasts

Play Episode Listen Later Apr 15, 2021 8:23


Leading with Cents
10: Military Pension Plus Blended Retirement System

Leading with Cents

Play Episode Listen Later Apr 7, 2021 21:51


"The military pension gives people an excuse to not contribute toward their retirement, so when they do retire, they have nothing in their TSP." Money Marching Order 4: Body Armor 3-6 Months of Net Pay from LES Money Marching Order 5: Pension Plus If in Blended Retirement System - 30 y/o > Invest 10% into TSP - 30 y/o< Invest 15% into TSP If in Traditional Retirement System - 15% into TSP TSP Funds to invest in 70% in the Common Stock (C Fund) 20% in the Small Cap (S Fund) 10% in the International Fund (I Fund) Stay away from Lifecycle and G/F Funds!! Blended Retirement System - Defined Benefit- 40% pension @ 20 yos - Defined Contribution (match)- 5% - Continuation Pay- Paid between 8-12 yos - Lump Sum Option at retirement age SEE my interview on About Face Podcast https://youtu.be/JuJFpu9gQEs Connect with me www.instagram.com/timmemak BRS Guide https://militarypay.defense.gov/Portals/3/Documents/BlendedRetirementDocuments/A%20Guide%20to%20the%20Uniformed%20Services%20BRS%20December%202017.pdf?ver=2017-12-18-140805-343

The Fiduciary U™ Podcast
Ep #10: Insights into T. Rowe Price's 2020 Defined Contribution Consultant Study with Michael Doshier

The Fiduciary U™ Podcast

Play Episode Listen Later Dec 14, 2020 81:31


Michael Doshier is a Senior Defined Contribution Advisor Strategist at T. Rowe Price where he is primarily responsible for furthering the firm's position as a thought leader in the retirement arena. Michael has been in the retirement industry for over thirty years and joins the show to share his insights from T. Rowe's 2020 Defined Contribution Consultant Study. Listen in as we discuss emerging trends facing retirement advisors like improving and aligning communication with plan sponsor clients, the growing trends towards delegated investment solutions like OCIO and 3(38) engagements, expanded participant solutions such as financial wellness, student debt, and HSA offerings, and a framework for advisors and plan sponsors to evaluate longevity risk and architect tiered retirement income solutions.

The Progressive Dentist
Changes in Defined Contribution Plans with the SECURE and CARES Acts, with Bill Black

The Progressive Dentist

Play Episode Listen Later May 27, 2020 22:34


Bill Black has been in the pension administration business for over 40 years, and helps clients work toward their retirement objectives. He works with both individual and small business owners in the areas of benefits, retirement planning, and business planning. Bill and his team have the ability to offer a wide range of financial products and services including insurance, annuities and investment products (tax sheltered plans, mutual funds) to help his clients meet their retirement needs. Education Bachelor of Arts, Business Administration and Economics Rollins College Professional Credentials: Chartered Financial Consultant (ChFC) Chartered Life Underwriter (CLU) Life and Qualifying member MDRT (Million Dollar Round Table) 15 Time Court of Table (MDRT) 20 Top of Table (MDRT) Licensed in 42 states, Bill truly has a national practice. He has marketed and administered plans in virtually every state in the union. Bill has spoken nationally and internationally on the topics of qualified plans, and is a much sought after speaker. He has been quoted in USA Today and has been a guest on financial radio shows. Bill is certified to teach continuing education to CPAs and insurance professionals. Additionally, he has had numerous articles published in national journals. Bill brings a professional and necessary combination to the marketing effort: comfortable with the explanation of complex ideas and able to put them into easily understood concepts, with the ability to sell. What You Will Learn: Bill's background in pension administration and business consulting How Bill works with closely-held businesses and professionals to save money in taxes through custom-designed retirement plans New adjustments made to the SECURE Act of 2019 Changes to 401k plans in the CARES Act How to calculate the tax on early withdrawals from your defined contribution plan Why you should do a loan instead of a withdrawal How to contact Bill Black: LinkedIn: //www.linkedin.com/in/whblack/?locale=en_US //www.linkedin.com/company/w.h.-black-&-company-inc./about/ Facebook: //www.facebook.com/WHBlackCoLifeInsurance/ CARES Act Powerpoint

Ropes & Gray Podcasts
Key Decisions for Defined Contribution Plan Sponsors Under the CARES Act

Ropes & Gray Podcasts

Play Episode Listen Later Apr 1, 2020 10:44


Ropes & Gray Podcasts
Key Decisions for Defined Contribution Plan Sponsors Under the CARES Act

Ropes & Gray Podcasts

Play Episode Listen Later Apr 1, 2020 10:44