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 [...]
July 27, 2022 5:58 pm Published by hailey.blank@fiduciarywise.com Read the summary of this case here, a significant reason for the dismissal of the case as stated by the Sixth Circuit is the way the Plaintiffs pleaded the case. Recently, we release our opinion on this case. Click
July 2, 2022 12:03 am Published by hailey.blank@fiduciarywise.com United States Court of Appeals for the Sixth Circuit All the comments presented are those of Fiduciary Wise, and anyone reading this should seek legal counsel before acting and not rely solely on our opinion. What Fiduciary Wise Chooses to do on All Fiduciary Issues? 1. We believe the method we use to evaluate one [...]
May 6, 2022 4:28 pm Published by hailey.blank@fiduciarywise.com What is an ERISA 402(a) Named Fiduciary? Don and Jackie tell us all about a GAME CHANGER for your team. If you want to reduce your risks and manage your accounts efficiently, you need a 402! Watch the latest episode of Two Fiduciary Nerds Disturbing the Peace. “Two Nerds” features Jackie Reeves, the Managing Director [...]
April 28, 2022 4:04 pm Published by hailey.blank@fiduciarywise.com We are so pleased to announce our new web series, 2 Nerds Geeking Outwith Don Jones and Jackie Reeves! In this first installment, we interview Clint Cannon, President of Cannon Capital Management. We appreciate your support of our original series, Two Fiduciary Nerds Disturbing the Peace. Now, in addition to our first show, we are [...]
April 8, 2022 4:57 pm Published by hailey.blank@fiduciarywise.com With the recent outcome of the U.S. Supreme Court Case, Hughes v. Northwestern Univ., the other recent 2020 Putnam Investments, LLC v. Brotherston case is something we’re referring to! 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 case. For [...]
