2024 Fiduciary Training, On-Demand Recordings

As your retirement plan advisor, we provide you and your team with continuous education to support your role as both a plan sponsor and a fiduciary to your organization’s retirement plan.

This three-part fiduciary-focused webinar series is for any retirement plan sponsor looking to refresh their knowledge or onboard into that role for the first time.

Each part is about 25-minutes and it is presented by our advisor, Jenna Witherbee. To watch the playlist above, click on one of the videos to begin.

Part 1: Your Role as a Fiduciary + Basic ERISA Fiduciary Duties

Part 2: Overseeing Investments + Overseeing Service Providers

Part 3: Helping Participants + Plan Administrator Basics + Fiduciary Liability, DOL Audit, FIduciary Insurance and Bonding

What Women Want in Retirement, On-Demand Recording

Please click the play arrow above to watch the on-demand recording of this 35-minute webinar - What Women Want in Retirement.

We are grateful to Sue Walton with Capital Group for lending her expertise to this topic.

The agenda for this presentation covers:

  • What we think we know about women investors

  • Differences across the generations

  • Unique challenges women face

  • Practical considerations

Advanced College Savings Concepts Webinar

Please reach out to our team if you’d like additional information about 529 Plans and Advanced College Savings Concepts. We are happy to send you the deck of this presentation.

This presentation covers the following:

  • 529 plan overview

  • UGMA/UTMAs and Coverdell ESAs

  • In-state versus national 529 plans

  • Financial aid

  • American opportunity and lifetime learning tax credit

  • Estate planning

  • 529 features and benefits


Fiduciary Training Part 3 of 3: Helping Participants + Plan Administrator Basics + Fiduciary Liability, On-Demand Recording

Our advisor, Jenna Witherbee, discusses the final three pieces of your role in this quarterly fiduciary training. Part 3 of 3 includes:

  • Helping Participants

  • Plan Administrator Basics

  • Fiduciary Liability

This is a deep dive into these three topics to better prepare you in your important role as a retirement plan sponsor.

Note: This is a 26-minute webinar

Want More?

Please check back in early 2025 for our next fiduciary training series.

And in case you missed Part 1 or Part 2, you can use the buttons below to watch now.

Legislative Update from Capitol Hill - August 2024 - On-Demand Recording

Every Summer our advisor, Gina Buchholz - along with our fellow Minnesota delegates - attends the NAPA Fly-In Forum in Washington D.C.

While there, she was able to meet with Minnesota Senator, Tina Smith, and continued to advocate for more effective retirement savings for all Americans.

The video recording above is an 8-minute overview of the key takeaways from the American Retirement Association after this year’s forum. In this brief recap, Gina covers:

  1. How Workers Depend on 401(k) Plans

  2. The Retirement Savings Act (RSAA)

  3. Automatic IRA Act

Please reach out to our team with any questions. We are happy to discuss!

From L to R: Steve Chappell of The Standard, Tracy Hanson of RBC, Gina Buchholz of 401k Plan Professionals, Senator Tina Smith of Minnesota, Christie Hughes and Andrew Tufford of Tufford-Hughes, and Jonathan Fredman of Marsh McLennan

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