• The devil is in the details for plan sponsors

    The Devil Is In The Details For Plan Sponsors

    May 2, 2018 -By: -In: Mike Romig Blog, Plan Sponsor News - Tags: , , , - No comments
    From Transform401k.com

    By Ary Rosenbaum, Esq. The Rosenbaum Law Firm P.C. One of the great idioms out there is that “the devil is in the detail.” It means that there is a catch in the details, which means something might be simple at first look, but it’s not. Plan sponsors need to know the devil in the […]

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  • The High and Hidden Cost of Delayed Employee Retirement

    The High and Hidden Cost of Delayed Employee Retirement

    May 2, 2018 -By: -In: Mike Romig Blog - Tags: , , , , , - No comments
    From Transform401k.com

    Hello, I’m Mike Romig. Thanks for tuning into our blog. Today I’ll be talking about a problem you may not know you have, one that will impact your P&L in a negative way, and what we can do that may help you. We know over 75% of workers in America today don’t believe they will […]

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  • Crossing The Retirement Rubicon: Why 2030 Matters So Much

    April 27, 2018 -By: -In: Market News, Mike Romig Blog - Tags: , , , - No comments
    From Transform401k.com

    The number of people age 65 and older will outnumber children by 2030, straining social services and potentially retirees’ budgets POSTED BY: TOM FOSTER APRIL 16, 2018 In 401(k) Specialist LinkedInTwitterFacebookEmailMore20 By 2030, and for the first time in American history, grandparents may outnumber grandchildren. The U.S. Census Bureau’s 2017 National Population Projections reports that […]

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  • 2 Critical Retirement Plan Initiatives

    Two Critical Retirement Plan Initiatives Moving Forward

    February 12, 2018 -By: -In: Mike Romig Blog, Plan Sponsor News - Tags: , , , - No comments
    From Transform401k.com

    Both initiatives enjoy strong bipartisan support What happens now that ‘Rothifcation’ is no longer a thing? POSTED BY ON 401(K) SPECIALIST: BY NEAL RINGQUIST JANUARY 31, 2018 Retirement industry observers breathed a collective sigh of relief in late 2017 when “Rothification” of 401k plans, once considered as a part of new tax legislation, was abandoned. With Rothification […]

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  • Employee contributions before tax or after?

    Employee 401(k) Contributions Before Tax or Roth

    February 8, 2018 -By: -In: Employee Info, Mike Romig Blog - Tags: , , , , , , , , , - No comments
    From Transform401k.com

    Employee 401(k) Contributions: Before Tax or Roth? When deciding to contribute to your company’s 401(k) plan consider picking a percentage of your income that each pay period will be deferred and deposited into your 401(k) account. Some plans allow, and you may feel more comfortable, deferring a specific dollar amount (e.g.$100) per pay period. Each […]

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  • How do you receive benefits from your company's 401(k) plan?

    How You Receive Benefits From Your 401(k) Plan

    February 8, 2018 -By: -In: Employee Info, Mike Romig Blog - Tags: , , , , , , , - No comments
    From Transform401k.com

    How you receive benefits from your 401(k) plan Our first video was designed to give you an introductory overview of how 401(k) plans work and how you might benefit from participating in your company’s plan. We discussed how money went into your plan. Today I am going to discuss how and when you receive benefits […]

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  • 401(k) Fiduciary Responsibilities and Liabilities

    January 25, 2018 -By: -In: Mike Romig Blog, Plan Sponsor News - Tags: , , , , , , , , , - No comments
    From Transform401k.com

    Hello, I’m Mike Romig with Transform 401k. In my first podcast on plan governance I described who is a fiduciary to a company’s retirement plan, the duties and responsibilities of plan fiduciaries, and liabilities – the exposure plan fiduciaries have in the event of a fiduciary failure or breach. As the ERISA imposed consequences of […]

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  • Employee Empowerment Overview

    Welcome to your company’s 401(k) plan!!

    January 19, 2018 -By: -In: Employee Info, Mike Romig Blog - Tags: , , , , - No comments
    From Transform401k.com

    We are excited to introduce the first our tools to help employees understand how their company’s 401(k) plan works and how it can benefit them. Hello and congratulations on becoming eligible to participate in your company’s 401(k) retirement plan. This video is designed to be an introductory overview of how 401(k) plans work and how […]

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  • Video Thumbnail Plan Governance 1

    401(k) Plan Governance

    January 18, 2018 -By: -In: Mike Romig Blog, Plan Sponsor News - Tags: , , , , , , , , , - No comments
    From Transform401k.com

    Hello, I’m Mike Romig with Transform 401k. Today’s topic is plan governance. More specifically it’s what you as a plan sponsor need to know about the various roles and responsibilities you are obligated to by law when a 401(k) plan is established in your company. ERISA, the Employee Retirement Income Security Act of 1974, is […]

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