Author Archives for hailey.blank@fiduciarywise.com
August 20, 2024 7:25 pm Published by hailey.blank@fiduciarywise.com We are excited to announce the newest addition to our Fiduciary Wise team: Isaac Wood, AIF, AIFA®. With 13 years of experience in the financial industry, including 7 years dedicated specifically to ERISA plans, Isaac brings a wealth of knowledge and a deep passion for 401k optimization to his new role as our ERISA 402(a) [...]
August 20, 2024 3:33 pm Published by hailey.blank@fiduciarywise.com At Fiduciary Wise, our mission is to provide exceptional fiduciary services that empower TPAs, Record-Keepers, and Advisors to deliver top-tier retirement solutions while minimizing risk and maximizing efficiency. As the retirement landscape continues to evolve, we are committed to staying ahead of the curve by mastering the complexities of ERISA and ensuring that our clients’ [...]
August 7, 2024 3:22 pm Published by hailey.blank@fiduciarywise.com By Trevor Merrill, AIFA, BCF™ The Complexity of Managing Retirement Plans As a business owner, your responsibilities are diverse and demanding. From managing employees to staying ahead of industry trends, your time is stretched thin. Amidst these pressures, the importance of an independent professional named fiduciary in your retirement plan often gets overlooked. However, this [...]
July 10, 2024 4:48 pm Published by hailey.blank@fiduciarywise.com Employers Sponsoring a Retirement Plan: Understanding Your Fiduciary Responsibilities By Kathleen McBride, AIFA, CEFEX Analyst Employers sponsoring a retirement plan for their employees may be surprised to learn that they can delegate some of their fiduciary risks, tasks, and legal and financial liabilities to professional ERISA fiduciaries. And, if it’s done correctly, this will improve [...]
January 17, 2024 12:34 am Published by hailey.blank@fiduciarywise.com By Donald K. Jones, BCF™ The recent decision in Matney v. Barrick Gold of North America by the Tenth Circuit Court of Appeals has left many in anticipation. Unsurprisingly, the Appeals Court upheld the lower District Court’s decision, consistent with its tendency to favor plan sponsors (Defendant) over the Plan participants (Plaintiffs). However, the significance [...]
December 13, 2022 12:37 am Published by hailey.blank@fiduciarywise.com The following content is from IR-2022-188, October 21, 2022 WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. The IRS today also issued technical guidance regarding all of the cost-of-living adjustments affecting dollar limitations for [...]
October 12, 2022 8:00 am Published by hailey.blank@fiduciarywise.com Now that the DOL Final Rule called “FINANCIAL FACTORS IN THE SELECTION OF PLAN INVESTMENTS,” is a law (with a few exceptions for ESG type funds”, what can we expect the DOL will do from here in their investigations and how does that effect smaller plans? (less than $500 million) In our latest episode, the ‘Two Nerds’ [...]
September 15, 2022 8:00 am Published by hailey.blank@fiduciarywise.com Don Jones, Founder and Partner at Fiduciary Wise, joins the Steering Group for The Committee for the Fiduciary Standard. Why a Committee for the Fiduciary Standard? The Committee was formed in June 2009 by a group of investment professionals and fiduciary experts, just as policymakers and industry leaders were reviewing the repercussions of the financial [...]
September 14, 2022 8:00 am Published by hailey.blank@fiduciarywise.com Why did the Office of the Solicitor General of the United States ask SCOTUS in the Hughes v Northwestern University case to look at “substantive” measurements only in the monitoring of core funds in an ERISA plan? In our latest episode, the ‘Two Nerds’ discuss the Supreme Court of the United States and substantive measurements. [...]
August 16, 2022 2:19 am Published by hailey.blank@fiduciarywise.com In the latest episode of Two Fiduciary Nerds Disturbing the Peace with Jackie Reeves and Don Jones, our two co-hosts get nerdy discussing the words “pecuniary” and “substantive.” Our TENTH episode is definitely one to check out. These are important words to know in this industry and Jackie and Don explain why! “Two Nerds” features [...]
