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Great Outcomes: A Newsletter for Retirement Plan Sponsors - April 2011

 April 1 2011
Never say the Internal Revenue Service didn’t do anything nice. In a little known incentive for low-to-median income households to save for retirement, the IRS offers a “saver’s credit” to low-income workers who have contributed to a company-sponsored retirement plan or IRA within the past year and who meet the Adjusted Gross Income requirements. Depending on marital/hous...

Great Outcomes: A Newsletter for Retirement Plan Sponsors - February 2011

 February 1 2011
“Retirement readiness” is the term used in a December 2010 Deloitte survey of 653 plan sponsors. Asked “Do you feel an obligation to prepare your employees for retirement?”, 62 percent of respondents said yes, that their responsibility includes taking an interest whether employees are tracking towards a comfortable retirement.

Great Outcomes: A Newsletter for Retirement Plan Sponsors - December 2010

 December 1 2010
Well, Bernie Ebbers should have been. You remember Bernie. The former CEO of WorldCom and an “accidental” ERISA plan fiduciary. When WorldCom became infamous in 2002 for overstating earnings by more than $3 billion, the stock price collapsed and the company filed for bankruptcy.
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