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Forewarned is forearmed—so says the maxim. And in that spirit, the IRS has issued a reminder that hurricane season is not here yet, but it suggests that now is the time to prepare, and offers some suggestions regarding how to do that.  “Individuals, organizations and businesses should take time... READ MORE
Tech Talk discusses some best practices for establishing and maintaining cybersecurity.  READ MORE
In MarketBeat, John Iekel writes that while it may not be clear who exactly is responsible if a participant’s balance is stolen, a recent blog entry suggests that it may be prudent to take steps to protect participants’ retirement accounts from cyber crime nonetheless. READ MORE
Editor’s Note: This is the first in a series about the guidance the Department of Labor’s Employee Benefits Security Administration (EBSA) issued on April 14 concerning cybersecurity.  The Department of Labor’s Employee Benefits Security Administration (EBSA) on April 14 issued comprehensive... READ MORE
Editor’s Note: This is the first installment in a series on technology for advisors. When some people hear that phrase, they cringe. Others embrace the vast expanse of processing and reporting in the digital world with ease. These two reactions, and every position along the continuum, are always... READ MORE
The Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) issued guidance April 14 on maintaining cybersecurity, including tips on protecting retirement benefits. The guidance has a wide target audience—the DOL intends it for plan sponsors, plan fiduciaries, record keepers,... READ MORE
The IRS Tax-Exempt and Government Entities (TE/GE) Office has updated its compliance program. That includes compliance strategy initiatives that affect some retirement plans.  In their fiscal year 2021 program letter, TE/GE Commissioner Tammy Ripperda and Deputy Commissioner Edward Killen write... READ MORE
The Department of Labor’s Employee Benefits Security Administration (EBSA) has announced that it will be holding online events concerning the DOL’s Voluntary Fiduciary Correction Program (VFCP). EBSA’s New York Regional Office will conducting Webex events concerning the VFCP on the following dates... READ MORE
The IRS’ Voluntary Correction Program (VCP) provides a means by which filers can correct errors before they are told to do so, but the good intentions entailed in using it do not guarantee that there will not be errors in the filings intended to correct mistakes. The IRS has outlined the top... READ MORE
On March 2, 2021, Microsoft reported that it has observed targeted attacks that take advantage of four zero-day vulnerabilities in Microsoft Exchange Server to gain full access to all email on the victim’s system. What should you be doing? A recent Alert from Lockton’s Global Cyber &... READ MORE
Institutions of higher learning face many challenges—among them the impact of the pandemic—in helping employees to prepare financially for retirement. A recent white paper looks at what those schools are doing.  In “Lessons Learned on the Management of Higher Education Retirement Plans in... READ MORE
In MarketBeat, Nevin E. Adams, JD writes about a new study that finds that automatic enrollment not only triples the participation rate of new hires, but that over time the vast majority increase their deferral rates. READ MORE
Proliferation of technological applications and the need to increase retirement plan participation and savings: Seems like a match made in heaven. In MarketBeat, John Iekel discusses the insights of a panel of experts regarding how that pairing is faring and how it can function better.   READ MORE
The Government Accountability Office (GAO) has added its voice to those that highlight the critical importance of cybersecurity, but they go one better. In a new report, they call on the Department of Labor (DOL) to set minimum standards for mitigating cybersecurity risks and to formally state... READ MORE
As soon as COVID-19 hit, I had a Hi/Low list created and started from the top and called every day from 9 a.m. to 7 p.m. It was a great experience. No agenda except to ask, “How are you doing?” Everyone was glad to hear from me. I actually got a lot of new business out of the endeavor! And as time... READ MORE
In MarketBeat, John Iekel writes about a recent blog entry in which Alison J. Cohen of the Ferenczy Benefits Law Center LLP and David Kruse of Tetra Defense warn that cyber criminals are increasingly creative and sophisticated and suggest steps that can be taken against cyber crime. READ MORE
At the end of every year, and as we approach a new one, it’s natural to look back at experiences and lessons learned—and to ponder ways to apply them productively going forward. Here’s some thoughts from 2020 that I hope will help you do just that. 3 Retirement Income Impacts That Can Impact... READ MORE
There’s been increasing awareness—and litigation—regarding cyber security and participant accounts—and the Labor Department has taken notice. Sources tell us that plan audits are now asking to see employers’ written cybersecurity policies and procedures—and asking about cybersecurity attacks, and... READ MORE
In MarketBeat, Nevin E. Adams, JD points out some things a retirement industry professional, their clients, and their participants should check out in light of reports of 401(k) thefts and an ongoing concern about cybersecurity. READ MORE
The sudden rise and spread of COVID-19 wreaked havoc with plan administration—including communication with plan participants concerning the plan and changes to it.  In “Communicating Retirement Plan Changes During COVID-19,” an entry in Cammack Retirement’s Insights blog, Joey Payne discusses the... READ MORE

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