Rescheduled from October

Please join us for the FENG meeting on November 16th and hear about group retirement plans and how to establish, maintain, and successfully deliver a benefit that will truly make a difference for your employees.  Here are a few of the ideas we will cover:

• When does it make sense to establish a group retirement benefit?
• Does a 401(k) or 403(b) make more sense for my organization?
• What are the differences between a 401(a), 401(k), 401(k) safe harbor, new comparability 401(k), and 403(b)’s?
• Who are the parties involved in establishing a retirement plan and what are their roles?
• What fees are charged by each of these parties?  What can I expect?  What is reasonable?
• What are the ERISA and DOL rules and responsibilities that I will be obligated to follow as the plan sponsor?
• What responsibility do I have to educate my staff on this benefit and what does ERISA section 404(a)(1)(B) say about it?
• What are the annual required filings and when is an annual plan audit required?
• Do I need to establish a retirement plan committee, investment committee, and/or develop an investment policy?
• Can someone simplify all of these concepts and help me understand what to do?

Presenter Bio:

Brian Way an Account Executive with Mutual of America Financial Services Group with over 10 years of experience in the financial services arena.  He holds a Series 6, 63, & 65 and I am a Chartered Retirement Plan Specialist (CRPS), licensed with FINRA. He specializes in group retirement plans for non-profits and community health centers. He believes with the right knowledge an organization can change the destiny of their employees.  Financial concepts are often complicated and many times the rigors of life stand in the way of understanding these complexities.  Inertia, busy schedules, to do lists, and other obligations like family and work get in the way when it comes to bridging the gap between what you know now and what you should know to be successful.