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Plan Administrator

DWC ERISA Consultants LLC
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Compensation Strategies Group, Ltd.
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21 Matching News Items

1.  NewsMax MoneyNews Link to more items from this source
June 10, 2014
"[Cerulli Associates] estimates ... that $300 billion flowed into the system in 2012 while $276 billion flowed out as cash, as retirees made withdrawals or rolled over funds into IRAs. By 2016, inflows will increase to $364 billion, but outflows will increase to $366 billion Fund managers will face greater competition as workers role 401(k) funds into IRAs."
2.  NewsMax MoneyNews Link to more items from this source
Apr. 30, 2012
"If your plan allows you to max out with one contribution or just a few over several pay periods -- and still get your full match -- well, then, putting your money to work sooner than later is likely a wise move, particularly if you have a bullish outlook for the year. But you may find restrictions or drawbacks at the plan level. Seventy-one percent of employers issue their match on a payroll basis, calculating it as a percentage of your compensation during that payroll period[.]"
3.  NewsMax MoneyNews Link to more items from this source
Apr. 22, 2012
"Experts said they expect the trustees' conclusions to be similar to their findings last year.... [when] the trustees projected Social Security could pay promised benefits in full through 2036, after which the program could only afford to pay 77% of them."
4.  NewsMax MoneyNews Link to more items from this source
Mar. 29, 2012
"The cost to cover the typical family of four under an employer plan is expected to top $20,000 on health care this year, up more than 7% from last year, according to early projections by independent actuarial and health care consulting firm Milliman Inc. In 2002, the cost was just $9,235[.]"
5.  NewsMax MoneyNews Link to more items from this source
Jan. 19, 2010
Excerpt: No matter how well you position your portfolio, you can't count on market gains alone to power your 401(k) to greater heights. The only sure way to keep your account balance growing is to contribute more to your plan. Yet only 23% of participants have boosted the amount they're saving in the past year, and 20% are contributing less, according to a survey by Wells Fargo.
6.  NewsMax MoneyNews Link to more items from this source
Mar. 20, 2009
Excerpt: President Obama wants to create a $634 billion fund to pay for health care reforms. Leading lawmakers appear willing to go along, but they're not keen on how he has proposed to pay for a big part of it. Obama wants to cap how much of a deduction high-income taxpayers may take. The administration estimates doing so could raise $318 billion over 10 years.
7.  NewsMax MoneyNews Link to more items from this source
June 27, 2007
Excerpt: The payoff for the firm is huge. Deanna Bassett, the accounting firm's Inclusion and Flexibility Leader, ... 'The cost of our flexibility practices is nothing compared to the cost of losing good people and hiring and training new ones.'
8.  NewsMax MoneyNews Link to more items from this source
June 13, 2007
Excerpt: The world of corporate pensions may be shrinking, but it's still fairly robust at S&P 500 companies. And that's true for no one more so than the current crop of the companies' already highly paid CEOs, who have accrued retirement benefits worth over $2 billion today, according to a report released Monday.
9.  NewsMax MoneyNews Link to more items from this source
Feb. 28, 2007
Excerpt: 'One of the main purposes of HIPAA was and is to allow employees to change jobs without losing health coverage - that is, to end the phenomenon of 'job lock,' where people were in effect locked into a job by the fear of giving up those benefits,'[.]
10.  NewsMax MoneyNews Link to more items from this source
Oct. 6, 2005
Excerpt: Institutionally managed funds tend to be much less expensive than publicly traded ones, since your employer has more leverage to negotiate fees.
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