Guidance Point Retirement Services, LLC.

Did you know? In 2020, our colleague A.J. Walker was named to the Retirement Advisor Council. Formed in 2009, the Retirement Advisor Council is a national organization that advocates for successful qualified plan and participant retirement outcomes through the collaborative efforts of experienced, qualified retirement plan advisors, investment managers and defined contribution plan service providers. A.J. is currently the only Retirement Plan Advisor based in Maine that has been appointed to the Council. https://hubs.ly/Q02P2StP0 #401k #403b #retirementplans

How does the 2020 CARES Act provisions affect 401(k) and 403(b) Plan Sponsors? GPRS team members A.J., Ben, and Abby discuss which provisions to keep your eye on and how they'll impact your organization's retirement plan in future years. https://hubs.ly/Q02P2S8b0

You're sitting in your retirement plan committee meeting and the retirement plan consultant states that an investment doesn't meet the plan's criteria and is now on the "Watch List". What does that mean? Does that mean we need to replace the fund? Can funds come off the watch list? Our team fields these questions frequently in our committee meetings, so we wrote a blog about it (of course, we did!). Read more here. https://hubs.ly/Q02P2Sjw0 #watchlist #401k #403b #retirementplancommittee

More and more we hear from participants and retirement plan committee members that they are interested in ESG investing. But what is it? How do your participants define it? How can your retirement plan committee design an investment menu that allows for a participant to invest 100% in ESG investments? Find out the answers to these and more in our blog! https://hubs.ly/Q02P2SsR0 #ESG #401k #403b

Does your organization's retirement plan offer index funds? Are you not offering enough or are you offering too many? In our experience, we see some plans not offering ANY index funds. Here are 3 reasons your retirement plan should offer index funds. https://hubs.ly/Q02P2S3z0 #indexfunds #401k #403b

Selecting amongst the 50+ retail available Target Date Funds or considering a custom option may seem like a daunting task for retirement plan committee members, but it doesn’t need to be. That’s why we’ve created the Navigating the Target Date Fund Evaluation Process eBook, complete with all the steps recommended by the Department of Labor. Give it a download and let us know what you think! https://hubs.ly/Q02P2Slm0 #targetdatefunds #401k #403b #QDIA

Our team has chosen to broaden our Investment Evaluation Process of investment managers to include a Fiduciary scoring system. Why? We feel that as a Fiduciary to our clients, we are required to act first and foremost with the needs of beneficiaries in mind. Our charge is to prudently select and monitor the investment managers we are recommending to our clients. We constantly want to be challenging our assumptions, beliefs, and systems so that we are always improving our decisions and recommendations to clients. Below is the process we undertook and what ultimately led us to including a Fiduciary Score into our evaluation process. https://hubs.ly/Q02P2Q_y0 #fiduciary #401k #403b #retirementplan

Did You Know? Guidance Point Retirement Services has a YouTube channel where we post our plan sponsor videos, but will also post saved webinars for participants and 401k / 403b plan sponsors. https://hubs.ly/Q02P2QWS0

As you are sitting in your retirement plan committee meetings, are your decisions improving participant outcomes? How do you know? Here are 3 savvy ways we've found to improve participant outcomes through smart retirement plan menu design strategy. https://hubs.ly/Q02P2R6H0 #401k #improvement #bestpractices

Vanilla versus chocolate. Coke versus Pepsi. Active Investments versus Passive (Index) Investments. The age old debates ~ but recently we're hearing the argument that index funds are causing a market bubble. Is it true? If so, what does it mean for my organization's retirement plan? https://hubs.ly/Q02P2R_S0 #active #passive #index #investments #401k #403b