Saturday, March 13, 2010 You Are Here: Home  | 
 
PrimeTRUST Advisors
 

Welcome!  PrimeTRUST Advisors is a retirement plan consulting and investment advisory services firm.  We seek to be the “go-to” resource you rely on for information and assistance in the retirement plans arena.  As such, our website provides you with useful resources, links, news and articles relating to the many important issues of successful retirement plan management .  Clients can login to retrieve their Investmtent Policy Statement, Quarterly Performance Monitoring Reports, and Investment Committee Minutes from our client archives. We hope you find this resource helpful.  If you have needs, suggestions or ideas that we could incorporate to help you, please contact us.

     

To pause scroll &/or see history, place cursor over index & click once or twice.
 
PrimeTIME News
 
Current  Archive    
     
 
The Pension Corner
 
     
 
Featured News Articles
 
Current  Archive  

Using Cash Balance Plans to Bolster Retirement Security
Monday, July 13, 2009

 Over the past year, employees’ 401(k) and profit sharing plan account balances have declined to the point that many, who were at the very threshold of retirement, are now questioning their capability to realize that dream. Cash balance plans may provide the solution!



Read More

Investment Advice to Participants: What the "Final" DOL Regulation Means
Thursday, March 05, 2009

On January 21, 2009, the Department of Labor (DOL) issued a regulation under ERISA Section 408(g). The regulation is designed to provide guidance on the statutory exemption enacted in the Pension Protection Act of 2006 (PPA) for investment advice to participants in participant-directed individual account plans and in individual retirement accounts (IRAs).



Read More

Faltering Pensions Motivate “Corporate Finance” Approach to Evaluating Risks
Thursday, March 05, 2009

The slump in the equity markets has devastated the funded status for most defined benefit pension plans. In addressing this problem, pension managers now face new challenges posed by recent changes in pension and accounting rules.



Read More

Use of Target Date Funds in Qualified Retirement Plans
Tuesday, July 21, 2009

Due to their seemingly intuitive asset allocation process, target date funds have emerged as a dominant fixture in the 401(k) landscape in recent years. This trendy, relatively new style of mutual funds is the marketed solution to simplify the investment decision-making process for 401(k) participants often overwhelmed and confused by the number of investment choices. But... how does a fiduciary go about evaluating such options?



Read More

Stable Value Funds... How safe are they?
Sunday, May 10, 2009

It is estimated that at least 80% of 401(k) plans have stable value funds as an investment option. They are very often selected by plan participants as the cash-equivalent investment that offers safety of principal; especially since recent market declines have been so devastating to account balances. In response, even more employees are directing their investment dollars to the stable value option. But how safe are they? This article provides some insight to that question.
 


Read More
     
 
Latest News Affecting Retirement Plans
 
CNN Money
43% say they have less than $10k for retirement
The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday.
3/9/2010 7:30:28 AM
CNN Money
How Uncle Sam wants to boost your retirement
Usually I cringe when our leaders in Washington try to help improve our finances. I'm afraid their efforts may do more harm than good. But two new ideas being discussed inside the Beltway could actually make it easier to prepare for retirement. Both center on the income you'll generate from your 401(k).
3/9/2010 4:27:49 AM
CNN Money
4 smart fixes for your 401(k)
With stocks up more than 60% since hitting bottom last March, the red ink is finally fading on the typical 401(k) account. Yes, it's safe to look at your statement again: Balances for boomers who have worked 10 to 20 years at the same company are now down less than 3% on average, compared with pre-crash levels; younger employees and 45- to 64-year-olds with less tenure are solidly back in the black.
3/1/2010 1:42:24 PM
CNN Money
Make the best of a bad 401(k)
You're probably feeling a lot better about your 401(k) these days, and not without reason. The average balance for experienced workers, after declining 19% in 2008, bounced back 29% last year, including new contributions.
2/24/2010 8:34:35 AM
CNN Money
What you need in retirement: friends
My wife is always chiding me that I spend too much time working and not enough keeping up with friends. "You'll be sorry when you retire and don't have anyone to do things with besides me," she warns. I hate to say it, but she's right. It's easy to assume retirement planning is all about the bucks, but nonfinancial issues matter too.
2/17/2010 10:08:35 AM
Employee Benefits Research Institute
Data Show That Automatic Enrollment in 401(k) Plans Has Led to Higher Match Rates from Large Plan Sponsors
New research from the nonpartisan Employee Benefit Research Institute (EBRI) finds that employers adopting automatic enrollment in their 401(k) plans have also generally increased the “employer match” to participant’s accounts—in some cases, by a significant amount.
1/21/2010 12:00:00 AM
     
Copyright 2005 by My Website Privacy StatementTerms Of Use