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AANHPI and Finances: Five ways to prepare for the care of aging family members

AANHPI and Finances: Five ways to prepare for the care of aging family members

Research shows that more than 70 percent of Asian American, Native Hawaiian, and Pacific Islanders (AANHPI) believe they are expected to care for their parents—which can cause a financial toll in addition to emotional stress. As AANHPI Heritage Month wraps up, we take a look at what this responsibility means for members of the AANHPI community and tips on how best to prepare.

May 31st 2023

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401(k)ology – Clawbacks - The Impact on 401(k) Plans

401(k)ology – Clawbacks - The Impact on 401(k) Plans

Newfront's Joni Jennings identifies operational problems with incentive compensation clawbacks, reviews the impact on salary deferrals that have been deducted from that compensation and deposited to the plan (including associated employer matching contributions), and provides solutions to prevent operational headaches before they happen.

April 17th 2023

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Event Recap: 401(k)ology & How SECURE 2.0 Will Impact Your Retirement

March 14th 2023

401(k)ology –“Post-Severance” vs. “Severance” Compensation

401(k)ology –“Post-Severance” vs. “Severance” Compensation

Severance compensation is a term that may have a different meaning for the purpose of your qualified retirement plan than how it is used in your workplace. Using an incorrect determination of plan compensation for allocating contributions is an operational failure that may jeopardize the tax favored status of your retirement plan.

November 28th 2022

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401(k)ology - Small Employer Plans

401(k)ology - Small Employer Plans

Small employers desiring to establish or enhance a retirement plan for their employees have many different options available and may take advantage of some unique plan design opportunities.

October 21st 2022

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401(k)ology - Participant Loans (Part 1)

401(k)ology - Participant Loans (Part 1)

If your company 401(k) plan currently includes participant loan provisions, or you are considering making participant loans available, you should know the qualification requirements and the fiduciary responsibilities involved with operating a loan program.

July 20th 2022

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