31 Aug Positive News! Open MEP 401(k) Saga Update
This is a very positive day in the saga of The Open MEP®; by way of an Executive Order, we’re one step closer. Churchill said this better than I could put it, ”...
Author: Troy Tisue
30 Apr Retirement in the Gig Economy
[caption id="attachment_1730" align="alignright" width="315"] From McKinsey Global Institute, Independent work: Choice, necessity, and the gig economy[/caption] According to the most recent information from the McKinsey Global Institute's studies of the Gig Economy, up to 68 million people participate, in some form or fashion, in independent work...
31 May The ERISA Bond and You
Retirement plan protection begins with selecting the right partners for your business. With well-known partners, TAG Resources connects plan sponsors, financial advisors, and wealth management professionals to the best in the business to begin building the layer of protection needed for your retirement plan. One area where...
29 Mar Patience and the 5500
Don't you love it when a good plan finally comes together? Some good things take time, but when hard work and well thought out plans finally come to fruition, the payoff can be so sweet. Today, bipartisan legislation was introduced into the US House and Senate...
28 Feb The Many Faces of MEPs
MEPs are making a comeback. It is hard to not talk about MEPs, in fact. In the retirement plan industry, the allure of MEPs is simple: they are easy to sell. And sales, my friends, is what drives this industry. So why are they easy to sell? Because in an...
30 Nov Digging Deeper—Questions to Ask an Outsourced 3(16) or Fiduciary Provider
Fiduciary Liability insurance & ERISA Bonds Another quick question that needs to be asked is on Fiduciary Insurance. This type of insurance is to insure the plan against losses from breaches of fiduciary responsibility. As a 3(16) could be the super fiduciary for your plan, you...
30 Nov Puzzled Post Election?
There is a lot of commotion around the notion that President-elect Donald J. Trump will do away with this fiduciary nonsense. While that is indeed possible, I like to think that some of the other items that vie for his attention will win out— like...
28 Oct The Big Will Get Bigger… the Fiduciary FA and How to Sustain Growth
If one is different, one is bound to be lonely. -From Brave New World by Aldous Huxley, 1932. Since April when the Fed announced the new Fiduciary Ruling, we, at TAG Resources, are taking on many blocks of business for advisory firms and BD firms that are...
31 Aug State Run Retirement Plans
Let me begin with the obvious. I am more than a little biased on this issue. My company, TAG Resources, is in direct competition with this new state-run model. I am working on a paper that will more properly address the topics I will touch...
31 Aug The Retirement Crisis: Getting Employees into Retirement Plans
Each year, Americans make all sorts of promises to themselves for the future: “This is the year I take my health seriously—lose weight—get in shape.” “This is the year I will learn another language and be a better spouse.” “This is the year I will...