It Was A Busy Month At Innovative With Two Outstanding Lunch Events and a Gala!
We did not let the snow get in our way in February! The month started off with Mark Sulpizio, Innovative Investment Fiduciaries, LLC Principal, guiding attendees through the Retirement Fee […]
Do You Know When To Use A Wrap Around Plan Document Or Wrap Around SPD?
The Employee Retirement Income Security Act of 1974 (ERISA) regulates employee pension plans and welfare benefit plans, with the exception of government and church plans. It is required by ERISA […]
Our November Lunch Events Were A Huge Success!
Guests at our Fiduciary Best Practices lunch event that was held at DelFrisco’s Double Eagle Steakhouse in Philadelphia on November 14th learned more about the fee disclosure regulations that went […]
IRS Announces Retirement Plan Limitations For 2014
On October 31, 2013 the Internal Revenue Service and the Social Security Administration announced cost-of- living adjustments affecting dollar limitations for pension plans and other retirement–related items for the tax […]
Innovative Welcomes Matt Bernstein!
We are pleased to announce the addition of Matthew Bernstein to the Innovative team. Matt is a graduate of Western New England College in Springfield, Massachusetts. As a Qualified Plan […]
Do You Monitor Your 3(38) Adviser?
If you don’t, maybe you should. Many people mistakenly assume that when they hire a 3(38) they no longer have to worry about any fiduciary responsibility. They are wrong. While […]
Thanks to the Fiscal Cliff Deal, Roth 401(k) Conversions Are Allowed for All
As part of the fiscal cliff deal employees have been given the ability to take funds in a pre-tax 401(k) account and convert it into a Roth 401(k) account. Prior […]
CORRECTING OPERATIONAL MISTAKES CAN ELIMINATE FIDUCIARY LIABILITY
Over the past decade, plan sponsors have become familiar with the voluntary correction programs offered by the IRS and Department of Labor, including the Service’s Employee Plans Compliance Resolution System […]
Critical Amendment Deadline Approaching for Defined Benefit Plans
Sponsors of single-employer defined benefit pension plans will need to amend those plans soon to comply with a critical requirement of the Pension Protection Act of 2006 (the PPA). As […]
COMPLIANCE ALERT: 2013 Annual Benefit Plan Amounts
2013 INFLATION ADJUSTMENTS Following recent announcements by both the IRS and the Social Security Administration, we now know most of the dollar amounts that employers will need to administer their […]
