Fiduciary INSIGHTS on retirement plans
Welcome to Fiduciary Insights, the monthly newsletter that keeps you in touch with issues, trends, events, and insights of significance to individuals connected with the retirement plan industry. The articles have been carefully selected from a variety of high quality sources.
-
A drawdown withdrawal strategy paired with guaranteed income from a deferred annuity can provide a high level of retirement income, while maintaining adequate liquidity for retirees. The saving or accumulation phase has dominated conversations about retirement, but the emphasis for DC plans is shifting to the decumulation phase.
In fact, there appears to be a growing trend of DC participants wanting to stay in-plan upon retirement, and more plan sponsors are exploring in-plan retirement income solutions to support them.
-
Historically, Congress and the IRS have addressed natural disasters with largely piecemeal responses. However, recently Congress has equipped the IRS with more sweeping authority to respond to disasters—without having to wait for legislative action.
The SECURE 2.0 Act permanently allows affected IRA owners and plan participants in 401(a) defined contribution plans (including 401(k) plans, 403(a) and 403(b) annuity plans, and governmental 457(b) plans) to take penalty-free distributions and to borrow more from their retirement savings when a major disaster has been declared by the President. This article summarizes current federal disaster relief guidance.
-
Explore the IRS's new guidance on qualified student loan payments, common questions about this guidance and provide suggestions for plan sponsors and recordkeepers on the necessary next steps to take.
-
Passively managed investment products in defined contribution retirement plans have steadily increased their market share at the expense of actively managed products.
-
Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.
Please consult a financial, tax or legal professional for further information related to any of these articles.
Raymond James & Associates, Inc. member New York Stock Exchange/SIPC
It is the nature of man to rise to greatness if greatness is expected of him.
