Cybersecurity, Plan Fiduciaries and EBSA

Written by Kristian Kananen & Christopher Tipper We have issued white papers on the EBSA’s guidance on their cybersecurity tips and what a service provider needs to do to be hired by the Plan Fiduciaries.  This paper discusses the EBSA’s best practices for...

Cybersecurity and the DOL/EBSA

Written by Kristian Kananen & Christopher Tipper Cybersecurity and the DOL/EBSA  Part One    The Employee Benefits Security Administration (EBSA) of the Department of Labor (DOL) has issued guidance to fiduciaries as to what the agency expects fiduciaries to do to...

Qualified Plan Record Retention

Written by Kristian Kananen & Christopher Tipper Over the years Plan Sponsors, Plan Administrators and Plan Trustees, (the Plan Fiduciaries) can amass a large amount of data and records.  What to keep and what to destroy of those records is an annual dilemma as...

State-Run Retirement Plans

  Written by Kristian Kananen & Christopher Tipper The average retiree in the United States receives $1,200 per month in Social Security income.  It has dawned on state legislatures that it is not possible in our current economy for a retiree to survive with any...

Missing Participant Best Practices

Written by Kristian Kananen & Christopher Tipper As we all know the Employee Benefit Services Administration (EBSA) is charged with protecting the rights of qualified plan participants. This mandate extends to those participants who terminated employment and still...