DWC in Bloomberg BNA: Bitcoin Too Risky for 401(k)s?

DWC | 09/18/17

"Bitcoin may be the hottest thing going in the investment world, but 401(k) plan participants aren’t likely to see it on their regular investment menus anytime soon," writes Jasmine Ye Han in Bloomberg BNA.

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DWC Merges With Hawkins Retirement – A Message From the Hawkins Perspective

Lori Reay | 09/12/17

It's official: DWC is uniting with Hawkins Retirement, a Utah-based firm that provides comparable 401(k) plan compliancedefined benefit services, and consulting services (third-party plan administration), under the DWC brand. 

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Should We Deny a 401(k) Loan Based on an Expectation of an Employee’s Termination?

DWC | 09/12/17

Facts

One of the participants in our 401(k) plan just applied for a loan for $25,000. He has enough in his account to support the loan, but there is a bit of a wrinkle. We are planning to reorganize the department he works in, and his position is scheduled to be eliminated in about a month.

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DWC in FiduciaryNews: The Rise and Fall of Corporate Pension Plans

DWC | 09/11/17

"Much has been written lamenting the near extinction of the corporate pension plan," Chris Carosa writes in a book excerpt posted to FiduciaryNews.com. "Are reports shaded by rose-colored glasses? Pension and retirement experts familiar with the history of defined benefit plans have a rather different view."

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Can a Company Owner Withdraw More Than the Required Minimum Distribution After Age 70 1/2?

DWC | 09/5/17

Facts

One of the owners of our company is 73 years old. She remains actively employed by the company and does not show any signs of cutting back or quitting any time soon. She has accumulated a significant account balance in the 401(k) plan and has been taking her required minimum distributions (RMDs) each year since she reached age 70 ½.

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DWC in Human Resource Executive Online: All About Exchange-Traded Fund Assets

DWC | 08/31/17

If exchange-traded fund assets are hot among individual investors, why are employers slow to add them as an option for employees?

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Do 401(k) Plan Eligibility Rules Apply to Part-Time Employees?

DWC | 08/29/17

Facts

Our 401(k) plan requires employees to work for us for six months before they become eligible to join. Pretty much all of our employees have been full time and have worked continuous, nine-to-five-type schedules.

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DWC in 401(k) Specialist: Trends to Watch in Plan Service

DWC | 08/23/17

"The 401(k) service sector has evolved considerably since its introduction in the Revenue Act of 1978," writes DWC Partner Keith Clark in 401(k) Specialist.

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Does Adding an Automatic Escalation Option Require a Plan Document Amendment?

DWC | 08/22/17

Facts

We have considered automatic enrollment for our 401(k) plan but have, thus far, decided not to implement it. However, for our employees that do sign up to defer, we would like to offer them a way to elect automatic deferral increases at set intervals throughout the year.

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Do We Need an IRS Favorable Determination Letter for Former Employees to Roll Over Their Balances?

DWC | 08/15/17

Facts

We recently processed a rollover from our 401(k) plan for a former employee who wants to roll her balance into her new employer’s plan. Shortly after the payment was processed, the former employee emailed us requesting either a copy of our plan’s IRS favorable determination letter or a signed acknowledgment that we have such a letter.

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The views expressed in this blog are those of the authors and do not necessarily represent the views of any other person or organization. All content is provided for informational purposes only and is not intended to be tax or legal advice.