Not rendering correctly? View this email as a web page here.

MARCH  2019

A Hidden Hazard of Plan Administration—A Mishandled Power of Attorney

Powers of attorney (POA) can be tricky for employee benefit plan administrators. As plan sponsors and administrators, you are the plan’s fiduciaries ultimately responsible for determining the validity of a POA.

Power of Attorney iStock-528495647

IRS Announcement May Allow Lump Sum Window for Retirees

Pension plan sponsors may have a new tool available to use in de-risking their pension plans – paying lump sums to retirees currently in payment status.

Scared vs. Prepared: Conducting an Operational Compliance Review

The DOL and IRS periodically publish lists of the most common compliance issues they find when reviewing retirement plans. Check out the list and be proactive to avoid added costs and liabilities down the road.

Pension Plan Termination FAQ

Before your start down the pension plan termination process, check out these frequently asked questions focused on cash flow, data readiness, and project and communications planning. Keep in mind that all plans with more than 300 members are audited by the PBGC.

Should You Believe the Hype? Purchasing Annuities for Your Pension Plan

Defined benefit plan sponsors have a few things to consider before deciding whether to transfer some of their pension risk to an annuity provider. Published in Plan Sponsor, under Free Membership, click Subscribe Now to read this article.

Building Your Strategic Plan for Financial Well-Being

Learn how to ensure that your financial well-being program engages your employees and realizes short- and long-term benefits to your organization. Plan Sponsor article, free subscription may be required.

Using Actuarial Experience in Managing a Public Pension Plan

Learn the benefits of regular experience analysis to identify emerging trends among plan participants, plan investment performance, and the current economic environment.

2019 Pension Plan Compliance Calendar

Check out this handy reference which includes 2019 pension plan compliance deadlines plus a link to more detailed information, if needed.

IRS 2018 Required Amendments List for Qualified Retirement Plans

No changes in qualification requirements are set forth in the 2018 Required Amendments List, however, we have a few reminders for you.

Pension Investment De-Risking Primer

Taking an integrated approach to managing your plan’s assets and liabilities best protects the funded status. Liability-driven investing (LDI) and a dynamic investment policy can minimize both discount rate risk and equity risk. Plan Sponsor article, free subscription may be required.

Top 5 Checklist to Improve Your ESOP Ownership Culture

Regardless if your organization is a new or mature ESOP, it’s never too late to assess the culture and communications to determine if there’s opportunity for improvement.

ESOP Culture Circle

Upcoming Events

The ESOP Association OH/KY Chapter Conference, March 21, Powell, OH, Alex Grasser presents "Communicating Distribution Rules and Diversification to Employees"


National Center for Employee Ownership Conference, April 9-11, Pittsburgh, PA, Proud exhibitor and Alex Grasser presents, “Sustainability is NOT Stagnant … Have You Looked at it Lately?

Quick Links


Toll Free: ‌800.456.1360‌


Edit your subscription preferences