Gradually…then Suddenly Warning: due to the rapidly evolving situation, this update will likely become outdated in a very short period of time. In a few short minutes after this article was written, the Fed announced $700 billion in asset purchases and cut the Fed Funds rate to 0% – 0.25%. And the governors of Ohio and Illinois mandated the closing of bars and restaurants indefinitely. PLAN SPONSOR USE ONLY March 15, 2020 It seems like just yesterday that we were…
S&P 500 Price Returns during Presidential Elections Years It’s Super Tuesday! Heading into the year, all eyes were on the upcoming Presidential Election. Impeachment, trade disputes, and Brexit were all seemingly behind us and the only unknown on the horizon was the election. Then along came Corona… the Virus. Ahem. But here’s what we were thinking about before the pandemic. Below is a chart showing the price return (return excluding dividends) of the S&P 500 Index during each Presidential Election…
Comperio Retirement Consulting named an investor.com 2020 Firm to Watch
On November 6, 2019, the IRS announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2020. The Internal Revenue Code requires that the Secretary of the Treasury adjust the limits annually. Some highlights are: The elective deferral (contribution) limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan will increase to $19,500. The catch-up contribution limit for those aged 50 and…
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Regulatory pressures, legislative pressures, and even internal company pressures all have an impact on the Plan Sponsor. Recently, there has been a multitude of lawsuits regarding the appropriateness of fees paid by participants. Fees are a complicated topic and even the most seasoned Plan Sponsors may be challenged to fully understand them fully. Plan Sponsors are held accountable not only to understand plan related fees but also to ensure that they are reasonable and transparent from an employee/participant perspective. There…
Comperio Retirement Consulting has been named one of the largest 100 Investment Consultants in the United States according to Pension & Investments (P&I) for the past 8 years
