401k Plan Professionals Webinar Series: Financial Wellness in the Workplace, Research & Trends
Listen and follow-along with this 17-minute webinar from June 2019.
Jessica Ruggles, a wellness consultant with Prudential Financial, shares the latest findings and research on financial wellness. The research presented is based on studies Prudential did with their own organization to measure the effectiveness of their wellness hypothesis.
Both plan participants and plan sponsors will gain insight into the current state of retirement readiness and wellness initiatives in America. Student Loan Debt Assistance and other topics are covered in this holistic view of wellbeing.
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://www.youtube.com/watch?v=dUZo63bkwuQ
401k Plan Professionals Webinar Series: Unique Challenges Facing Women Investors
Listen and follow-along with this 22-minute webinar from September 2019.
Guest host, Christina Pihos, Head of Participant Engagement at PIMCO, shares research & recommendations specific to women investors during this educational event.
401k Plan Professionals Webinar Series is designed to inform and educate both retirement plan sponsors and retirement plan participants about a wide variety of financial topics.
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://www.youtube.com/watch?v=WPqOLFUFtR8
401k Plan Professionals Webinar Series: Understand Your Retirement Plan Audit
Listen and follow-along with this 15 minute webinar from April 2019.
For this webinar we had our first guest host, Carolee Lindsey, CPA of Weber & Deegan.
Ms. Lindsey walks through employee benefit financial statement audits and what you, as a plan sponsor or member of plan management, are responsible for. Fiduciary responsibilities and understanding what yours is as it pertains to your plan are key to this process.
These audits are required by ERISA and hiring a qualified, properly educated Employee Benefit Plan auditor should be at the top of your to do list if your organization has a retirement benefit for your employees. Both the IRS and Department of Labor (DOL) are involved as well.
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://www.youtube.com/watch?v=dUZo63bkwuQ
401k Plan Professionals Education Series: Basics of a 401k
A 401k is an employer-sponsored retirement savings plan. It is the most popular way for people in America to save for retirement. This savings vehicle is a way for individuals to save for retirement directly from their paycheck. Employers may put in some of their own money with a profit share or a match contribution, but it is not required.
Follow along with Jenna Witherbee of 401k Plan Professionals as she explains & simplifies the employer-sponsored retirement vehicle known as a 401k. This video is 1 minute in duration.
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://youtu.be/XdlktT5oM9I
Jessica Ballin Named to Retirement Advisor Council
Jessica Ballin of 401k Plan Professionals is the newest member of the Retirement Advisor Council. Mrs. Ballin serves a 2 year term with the council where she will continue her work as an advocate for holistic financial & retirement education for both plan participants and plan sponsors.
“Understand Your Retirement Plan Audit” Webinar - Join Us April 4th @ 10 AM central
Every other month, using a webinar format, 401(k) Plan Professionals shares advice & education on financial wellness topics to help bridge the gap on retirement readiness and overall financial understanding.
We are excited to announce that our second webinar of 2019 will be Thursday, April 4, 2019 at 10:00 am Central. We have a guest presenter this month. Carolee Lindsey of Weber & Deegan will host this 15 minute event to discuss retirement plan audits and what you as a plan sponsor need to know.
Our webinars are open to all. Please be sure to add the event to your calendar using the button below.
We look forward to speaking with you soon,
401k Plan Professionals Team
Information for joining April 4th webinar:
Please join our meeting from your computer, tablet or smartphone.
https://global.gotomeeting.com/join/856274573
You can also dial in using your phone.
United States: 1 (872) 240-3412
Access Code: 856-274-573
First GoToMeeting? Let's do a quick system check: https://link.gotomeeting.com/system-check
401k Plan Professionals Webinar Series: 2019 Retirement Planning Considerations
Listen and follow-along with this 14 minute webinar from February 2019, hosted by Jenna Witherbee, to learn about the following 2019 Retirement Planning Considerations:
1. Ways to save & new limits
2. Notable deadlines
3. Pre-tax vs. Roth contributions
4. Asset allocation and rebalancing
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://youtu.be/jz5joyPKdVc
401k Plan Professionals Education Series: Safe Harbor 401k Plans and Discrimination Testing
Certain criteria must be met for your 401(k) Plan to be considered Safe Harbor. Follow along with Jenna Witherbee of 401k Plan Professionals as she explains & simplifies discrimination testing and how it pertains to a Safe Harbor plan option for retirement plan sponsors. This video is about 4 minutes in duration.
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://youtu.be/XdlktT5oM9I
401k Plan Professionals Team Spotlight: Kelly Pannek
Kelly Pannek joined our team at 401k Plan Professionals in 2015. Since day one, she has played an important role in our client’s experience through her willingness to help and deliver on any task.
We are continuously impressed by her unique ability to balance her education, her role with our team, and the demands of her collegiate and olympic hockey careers. Kelly has helped lead both the University of Minnesota Gophers Women’s Hockey team to multiple national titles and Team USA Women’s Hockey to their Gold Medal win at the 2018 PyeongChang Winter Olympics.
On or off the ice, Kelly's presence, personality & leadership are easy to feel. 401k Plan Professionals celebrates our outstanding team member, Ms. Pannek, today and every day.
See the article below published by the Star Tribune to learn more:
401k Plan Professionals Education Series: Roth vs Pre-tax (Traditional) 401k
What is the difference between a Roth & Traditional 401k? We get this question all the time. The main difference is whether you pay taxes now (Roth) or when you withdraw the money (pre-tax/traditional). Jenna Witherbee explains in more detail. This video is 2 minutes in duration.
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://youtu.be/Bl7rGK26kv4
401k Plan Professionals Webinar Series: Investing Fundamentals During Market Volatility
Listen and follow-along with this 10 minute webinar from November 2018, hosted by Jenna Witherbee, to learn about investing fundamentals during market volatility.
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://youtu.be/UUY3BTb02bo
Jessica Ballin Named as Delegate to NAPA DC Fly-In Forum 2018
Jessica Ballin with Tina Smith, United States Senator from Minnesota
Minneapolis, Minnesota —Jessica Ballin of 401k Plan Professionals recently participated as a delegate to the National Association of Plan Advisors’ (NAPA) Annual DC Fly-In Forum, an exclusive gathering of the nation’s leading retirement plan advisors.
Delegates to the NAPA DC Fly-In Forum converged in the nation’s capital to listen to and brief top congressional leaders about the impact and importance of the nation’s workplace retirement plans, and, as advocates for the employers and participants they work with, shared how proposed laws and regulations might impact American workers’ retirement security. Jessica Ballin, a member of NAPA, was one of approximately 200 delegates selected to participate in the sixth annual NAPA DC Fly-In Forum July 24-25.
This year NAPA DC Fly-In Forum delegates heard from Congressman Richie Neal (D-Massachusetts), and Senator Todd Young (R-Indiana), both of which have recently introduced legislation that would impact retirement plans, as well as Assistant Secretary of Labor Preston Rutledge and Securities and Exchange Commissioner Hester Peirce, key figures in recent developments regarding considerations regarding a fiduciary standard. Panel discussions with key Hill staffers shed light on prospects for legislative reforms, and delegates also gained insights on litigation trends and new retirement policy proposals, followed by a dinner keynote address featuring a perspective on the mid-term elections from CNN Chief National Correspondent John King.
On the second day of the forum, delegates met one-on-one with their respective congressional representatives on Capitol Hill to share insights from the experiences they have on a daily basis with business owners and plan participants – and to provide perspectives on proposed and current legislation.
In order to participate in the NAPA DC Fly-In Forum, delegates were required to be a NAPA member; to be responsible for $100M+ in plan assets, 10+ plans and 2,000+ participants; and to have at least five years of experience servicing retirement plans.
The National Association of Plan Advisors was created by and for retirement plan advisors. Membership is also open to other retirement industry professionals who support the interests of plan advisors. NAPA is the only advocacy group exclusively focused on the issues that matter to retirement plan advisors. NAPA is part of the American Retirement Association. The American Retirement Association, based in the Washington, D.C. area, is a non-profit professional organization established to educate all types of retirement plan professionals, and to preserve and enhance the employer-based retirement plan system as part of the development of a cohesive and coherent national retirement income policy.
More information about NAPA is available at napa-net.org.
Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Global Retirement Partners (GRP), a registered investment advisor and separate entity from LPL Financial.
401k Plan Professionals Education Series: What do I do with my 401k if I change jobs?
Are you leaving or switching jobs? Jenna Witherbee explains your three options when you have retirement savings in your past-employer’s 401k plan. This video is 1 minute in duration.
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://youtu.be/gukWpcnnquw
401k Plan Professionals Annual Summit: October 4, 2018
Our 6th Annual Summit is right around the corner. We are excited to see our partners and clients and share with you what we’ve learned during the last 12 months.
If you are a plan sponsor or know of a plan sponsor who would like to attend, we would love to have more guests to connect and share with. If you do plan to attend the Summit, please RSVP to Jessica.ballin@lpl.com by September 27th, 2018. We can’t wait to see you in October!
401k Plan Professionals Webinar Series: The True Cost of Tapping into your 401(k) Before Retirement
Listen and follow-along with this 12 minute webinar from August 2018 to learn about hardship withdrawals.
Depending on your employer and the setup of your 401k plan, you may be able to tap into your savings ahead of retirement through the use of loans or hardship withdrawals.
Jenna Witherbee, of 401k Plan Professionals, walks you through the true cost of these options and how certain taxes or penalties may apply depending on the decision you make.
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://youtu.be/VxJbt6VFKOo
2018 NAPA Young Gun Cover Story with award-recipient, Jessica Ballin
Jessica Ballin, principal at 401k Plan Professionals, earned a spot on NAPA's 2018 Top Retirement Plan Advisors Under 40 -- the "Young Guns". She is featured on pages 37-40 in the cover story, which you can read and view in the PDF below.
Did you know? NAPA stands for the National Association for Plan Advisors. It is a trade association for retirement plan advisors and NAPA lobbies at the capital to ensure Congress does not limit the ability for Americans to save for Retirement.
Note for viewing: You can enlarge the view to 'full screen' by clicking the square image that appears in the bottom right of the pane. You can also navigate left and right & zoom in and out as you move through the information.
401k Plan Professionals Webinar Series: 10 Common Financial Mistakes and How to Avoid them
Listen and follow-along with this 7 minute webinar from May 2018 to learn how to avoid these 10 common financial mistakes.
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://youtu.be/3i6UwuQeH4U
Midyear Outlook 2018 from LPL Financial
LPL Financial published their midyear 2018 Outlook. This contains digestible information regarding the markets and more.
The PDF below contains the full update. You can enlarge the view to 'full screen' by clicking the square image that appears in the bottom right of the pane. You can also navigate left and right & zoom in and out as you move through the information.
If you'd like the PDF for yourself, your plan participants, or someone else, please reach out and we will send it your way.
Jenna Witherbee on 'having a heart to help people' - NAPA Summit 2018 Interview
Jenna Witherbee is one of NAPA's Top Women Advisors of 2017 (along with Jessica Ballin and others). In this 4-minute interview, she shares her best day, the importance of having a heart to help people, and what she has learned during her 9 years as an advisor with 401k Plan Professionals in Minneapolis, Minnesota.
You can watch the embedded youtube video above, by clicking the 'play' icon in the middle of the screen, or click here to view: https://youtu.be/De7xkOvkWEE