RETIREMENT
PLAN DEVELOPMENTS NEWSLETTER: May 2008
Plan Sponsors are Increasing Attention to Investment Decisions
A new comprehensive survey was used to gain a deeper understanding of investments, fees and administrative practices in the area of retirement plans.
A sound written Investment Policy Statement (IPS) has been determined to be critical to successful investment committee decision making.
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More Employers Offering Roth 401k
As employers look for more ways to help their employees save for retirement, new data shows an increase in the number of plan sponsors making the Roth 401k available to employees. Depending on a person's individual tax situation, the Roth 401k can offer a strategic tax planning opportunity.
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Relief for Stimulus Payments Withdrawn from IRAs and Tax-Favored Accounts
Economic-stimulus payments directly deposited into IRAs and other tax-favored accounts may be withdrawn tax-free and penalty-free, the IRS announced last month.
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OTHER HELPFUL SITES:
Schwab
Investment Planner
updated 05.11.2008