Fiduciary Training Part 2 of 3: Overseeing Investments + Service Providers, On-Demand Recording

Our advisor, Jenna Witherbee, discusses the next two pieces of your role in this quarterly fiduciary training. Part 2 of 3 includes "Overseeing Investments" and "Overseeing Service Providers." This is a deep dive into these two topics to better prepare you in your important role as a retirement plan sponsor.

Note: This is a 25-minute webinar

Want More?

Part 3 of 3 of this Fiduciary Training Series is Thursday, September 12th. It will cover “Helping Participants + Plan Administrator Basics + Fiduciary Liability.” Use the button below to register in advance.

And in case you missed Part 1, you can use the button below to watch now.

Rollovers 101

In this 9-minute on-demand video our 401k Plan Professionals advisor, Jenna Witherbee, breaks down exactly what a retirement plan rollover is and how you can make it happen for yourself if you desire.

Remember, the three things to consider when deciding if you want to rollover your money are:

  1. Performance

  2. Cost

  3. Convenience

According to the IRS: A rollover occurs when you withdraw cash or other assets from one eligible retirement plan and contribute all or part of it, within 60 days, to another eligible retirement plan. This rollover transaction isn't taxable, unless the rollover is to a Roth IRA or a designated Roth account from another type of plan or account, but it is reportable on your federal tax return. You must include the taxable amount of a distribution that you don't roll over in income in the year of the distribution.


Medicare 101 Webinar, On-Demand Recording

The on-demand recording of this 1-hour webinar is now available. Please click the play arrow above to watch.

We are grateful to Ron Bezis of John Hancock Investment Management for presenting this important Medicare information.

This presentation covers the following areas of Medicare:

  • Medicare's History

  • The Parts of Medicare

    • Hospital Coverage

    • Outpatient Coverage

    • Medicare Advantage

    • Voluntary Drug Program

  • When to Enroll

  • Medicare Cost Sharing

  • Covering the Gaps

    • Medigap

    • Medicare Advantage

  • Working Past Age 65

To receive additional Medicare PDF materials, please fill out this form and our advisor will email you the files ASAP.

Investment Options and Diversification, On-Demand Recording

Our advisor, Jenna Witherbee, discusses Investment Options and Diversification. This is a continuation of our 8 Steps to Financial Wellness Video Series and serves as an additional resource for Step 2.

Step 2: Set a goal to save at least 5% through your 401(k) Plan

In this video you will learn about asset classes, asset allocation, diversification, and rebalancing. The three main asset classes are cash alternatives, bonds, and stocks. You will also learn how mutual funds works inside of a company retirement plan.

Note: The above video is a 12-minute video

8 Steps to Becoming Financially Well Overview

Step 1: Establish an emergency fund

Step 2: Set a goal to save at least 5% through your 401(k) Plan

Step 3: Develop your understanding of credit

Step 4: Pay down non-deductible debt by creating a budget

Step 5: Max out your Health Savings Account (HSA), if applicable

Step 6: Increase your 401(k) contribution annually until you reach 10%

Step 7: Save for higher education expenses through 529 Plan

Step 8: Pay off your home early

Fiduciary Training Part 1 of 3: Your Role as a Fiduciary and Basic ERISA Fiduciary Duties, On-Demand Recording

Our advisor, Jenna Witherbee, discusses the first two pieces of your role in this quarterly fiduciary training. Part 1 includes "Your Role as a Fiduciary" and "Basic ERISA Fiduciary Duties." This is a deep dive into these two topics to better prepare you in your important role as a retirement plan sponsor.

Note: This is a 25-minute webinar

SECURE 2.0 End of Year Legislation Update, On-Demand Recording

Our advisor, Gina Buchholz, discusses 20 of the 92 provisions included in the SECURE 2.0 legislation. These provisions include emergency savings options, expanded withdrawal options, new opportunities for Roth contributions/rollovers, and student loan matching programs.

This end of year update provides more detail on SECURE 2.0, which was passed on December 29, 2022.

SECURE 2.0 builds on the Setting Every Community Up for Retirement Enhancements (SECURE) Act of 2019.

Anticipating the Unexpected Webinar: Involving Your Family in Financial Planning & Decision Making, November 2023

The on-demand recording of this webinar is available now. Please click the play arrow above to watch.

We are grateful to Karen Drancik of Neuberger Berman for presenting this important information about involving your family in financial planning and decision making - the webinar is appropriately titled, “Anticipating the Unexpected.”

To receive the PDF materials presented during this webinar, please fill out this form and our advisor will email you the files ASAP.

On-Demand Fiduciary Training for Retirement Plan Sponsors, November 2023

Each quarter, we host a fiduciary training for retirement plan sponsors. We want to make sure that all of our clients feel comfortable, capable, and supported in their important role as a fiduciary to their retirement plan.

Please feel free to reach out to our team with any questions, and we hope to see you at our next training.

This training covers:

1. My Role as a Fiduciary

2. Basic ERISA Fiduciary Duties

3. Overseeing Investments

4. Overseeing Service Providers

5. Helping Participants

6. Plan Administrator Basics

7. Fiduciary Liability, DOL Audit, Fiduciary Insurance and Bonding

There is also an opportunity for optional training and a Credential for Plan Sponsors.

Additional Background: A fiduciary is a person who owes a duty of care and trust to another and must act primarily for the benefit of the other in a particular activity. Fiduciary status is based on the functions performed for the plan, not a title. Fiduciary duties come into existence when a person or entity is entrusted with property or power on someone else’s behalf. When a company decides to offer a 401(k) plan, the company is offering a great benefit, and you’re also taking control of some of your employees’ investments. That’s why a duty arises to make sure your company’s plan ultimately ends up benefiting those employees.

Our advisor, Jenna Witherbee, hosts these and answers all questions during the live quarterly offering.

8 Steps to Financial Wellness Webinar, On-Demand Recording

We created a webinar for our 8 Steps to Financial Wellness Series. This on-demand recording is 46 minutes, presented by our advisor, Jenna Witherbee. If you’d like to watch this video step by step instead of in one video, please click the button below.

Step 1: Establish an emergency fund

Step 2: Set a goal to save at least 5% through your 401(k) Plan

Step 3: Develop your understanding of credit

Step 4: Pay down non-deductible debt by creating a budget

Step 5: Max out your Health Savings Account (HSA), if applicable

Step 6: Increase your 401(k) contribution annually until you reach 10%

Step 7: Save for higher education expenses through 529 Plan

Step 8: Pay off your home early


529 Plan Basics, a 10-Minute Overview

We are excited to add this 10-minute overview of 529 Plans to our education offerings. Jennifer McElroy with Ascensus joins our advisor, Jenna Witherbee, to discuss the basics of 529 Plans.

529 Plans are investment accounts designed specifically for saving for education. These plans offer federal tax benefits and sometimes state tax benefits as well.

Please reach out to our team if you have any questions. We are here to help.

On-Demand Fiduciary Training for Retirement Plan Sponsors, August 2023

Each quarter, we host a fiduciary training for retirement plan sponsors. We want to make sure that all of our clients feel comfortable, capable, and supported in their important role as a fiduciary to their retirement plan.

Please feel free to reach our to our team with any questions, and we hope to see you at our next training.

This training covers:

1. My Role as a Fiduciary

2. Basic ERISA Fiduciary Duties

3. Overseeing Investments

4. Overseeing Service Providers

5. Helping Participants

6. Plan Administrator Basics

7. Fiduciary Liability, DOL Audit, Fiduciary Insurance and Bonding

There is also an opportunity for optional training and a Credential for Plan Sponsors.

Additional Background: A fiduciary is a person who owes a duty of care and trust to another and must act primarily for the benefit of the other in a particular activity. Fiduciary status is based on the functions performed for the plan, not a title. Fiduciary duties come into existence when a person or entity is entrusted with property or power on someone else’s behalf. When a company decides to offer a 401(k) plan, the company is offering a great benefit, and you’re also taking control of some of your employees’ investments. That’s why a duty arises to make sure your company’s plan ultimately ends up benefiting those employees.

Our advisor, Jenna Witherbee, hosts these and answers all questions during the live quarterly offering.

Social Security 101 Webinar On-Demand Recording

Social Security 101 Webinar

Rhonda Whitenack and Robert Fenn, Public Relations and Benefits Training Representatives with the Social Security Administration

Please Note: The Social Security Administration highly encourages you to create a my Social Security account prior to viewing the session. With an account, you can verify your earnings, FICA taxes, and your personal benefit amounts using your top 35 years of earnings. A personal my Social Security account is the gateway to doing business with the SSA online. This is a one-stop center for you to manage and maintain your personal Social Security business. Click the button below to get started.

Social Security 101 Webinar - Please Join us July 20, 2023

Social Security 101 Webinar

July 20, 2023 @ 10 am central

This webinar is open to anybody who would like to attend.

We are excited to have Rhonda Whitenack and Brian Rudolph back for our annual Social Security Benefit Webinar. Rhonda will walk us through the 1-hour presentation while Brian answers all of your questions in the chat. Please come with any questions you have!

Feel free to invite your coworkers, spouse, and friends. This event is for everybody.

Please Note: The Social Security Administration highly encourages you to create a my Social Security account prior to the session. With an account, you can verify your earnings, FICA taxes, and your personal benefit amounts using your top 35 years of earnings. A personal my Social Security account is the gateway to doing business with the SSA online. This is a one-stop center for you to manage and maintain your personal Social Security business. Click the button below to get started.

Rhonda Whitenack and Brian Rudolph, Public Relations and Benefits Training Representatives with the Social Security Administration

Engaging the Millennial Retirement Plan Participant Webinar On-Demand Recording

One way our team partners with organizations in the retirement plan industry is by offering webinars to highlight their specific expertise.

In this 30-minute webinar, Dan Florina of Putnam Investments, shares information on who millennials and gen Z’ers are, why these generations save, and how to best engage this group of savers.

Our goal is to make sure that all of our clients and plan participants feel comfortable, capable, and supported when it comes to their retirement benefit.

Please feel free to reach our to our team with any questions, and we hope to see you at our next webinar.