Homeless shelter

Are Christian Nonprofits Undermining Their Own Mission?

Faith-based nonprofit organizations form part of the bedrock of communities around the country. The mission-aligned services these organizations provide have a positive impact on the community and those they serve. Churches, crisis pregnancy centers, homeless care and shelter, addiction recovery, foster care, adoption, family and pro-life advocacy, education, healthcare, refugee resettlement…the list of services Christian…

Saving money piggy bank

Despite market downturn, plan participants stay the course

Despite market downturn, plan participants stay the course Finally, some good retirement news! Despite the increased market volatility and belt tightening caused by inflation, most 401(k) and 403(b) participants are sticking with their retirement plan. The Investment Company Institute surveyed recordkeepers representing over 40 million participant accounts. The results show[1] that participants are still contributing,…

ERISA

3 Assumptions ERISA Makes About Plan Sponsors

3 Assumptions ERISA Makes About Plan Sponsors Many plan sponsors do not understand the full weight of their fiduciary duty towards the employees participating in the company retirement plan. The Employee Retirement Income Security Act of 1974 (ERISA) lays out standards of conduct for plan fiduciaries. Built into the standards are several assumptions the Department…

Worker checking 401(k) balance on computer

Stop Checking Your 401(k) Balance!

Stop Checking Your 401(k) Balance! The ongoing volatility in the stock market and relentless onslaught of negative economic news is raising investor anxiety. If you are feeling worried about your 401(k) performance, let me offer you some advice: stop checking your account balance! Most 401(k) providers allow participants to easily check their account online. But…