Thursday, July 29, 2010  | 
 
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.

     

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PrimeTIME News
 
Current  Archive    

     
 
The Pension Corner
 
     
 
Featured News Articles
 
Current  Archive  
Russell Retirement
Three 'Autos' Should Drive Future 401(k) Plan Participation
Monday, October 29, 2007


When it comes to retirement savings, most people start too late, don't save enough, and then fail to protect their savings through a diversified portfolio.

That is expected to start changing this year under a new law signed last August by President Bush and undergoing final rule-making by the Department of Labor. The Pension Protection Act of 2006 (PPA) contains three "automatic" provisions designed to boost participation in defined contribution pension plans, such as 401(k) plans.


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PlanSponsor.com
Some tips for Analyzing Plan Expenses
Monday, October 29, 2007


ERISA requires, both in its fiduciary rules and its prohibited transaction
restrictions, that fiduciaries pay no more than reasonable expenses from plan assets. That rule seems simple enough, but I am concerned that it is being misinterpreted in some cases and ignored in others.


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Fiduciary Issues After PPA of 2006
Monday, October 29, 2007


On August 17, 2006 -  President Bush signed the Pension Protection Act of 2006 (“PPA”) into law. Although the PPA made sweeping changes to pension laws, this article will focus specifically on those changes that have fiduciary implications for defined contribution plans.

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Using ERISAs new default-investment rule to avoid liability
Monday, October 29, 2007


Using ERISAs new default-investment rule to avoid liability for participants' failure to choose investments.

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Sutherland ASBI
DOL Issues Investment Regulations
Monday, October 29, 2007


On October 23, 2007, the Department of Labor (“DOL”) released final regulations to provide ERISA relief to fiduciaries of participant-directed defined contribution plans that invest participant accounts in certain types of default investment alternatives in the absence of participant investment directions.

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Latest News Affecting Retirement Plans
 
CNN Money
A retirement portfolio of global proportions
Question: What is the difference between a total world index fund and a total international index fund? How you see such funds as part of a retirement portfolio? --Dave, Apple Valley, Minnesota
7/29/2010 4:20:58 AM
CNN Money
Retiring? What to do with your 401(k)
Question: When I retire, should leave my money in my company's 401(k) or roll it into an IRA? --Mark, Plymouth, Minnesota
7/21/2010 3:26:58 PM
Employee Benefits Research Institute
How Eligibility in a 401(k)-Type Plan Can Help Gen Xers Avoid Running Short of Money in Retirement
7/20/2010 12:00:00 AM
Employee Benefits Research Institute
'Target-Date Fund Use Over Time' and 'The Early Retiree Reinsurance Program: $5 Billion Will Last About Two Years'
TDFs: The use of target-date funds, a relatively new 401(k) plan option, is more likely among participants who are younger, have lower account balances, and have shorter tenure at their current job, according to a study released by EBRI. Press release. Early Retiree Program: This article finds that if the PPACA early retiree subsidy were drawn down for all early retirees and their dependents, $2.5 billion of the $5 billion available would be exhausted in the first year of the program. The $5 billion would last no more than two years and would not be available in 2012 or 2013. Press release.
7/15/2010 12:00:00 AM
CNN Money
Hello pension, bye-bye saving? Not so fast
Question: I'm retired on a pension and will soon start receiving Social Security. So I'm wondering, once you're retired do you still need an emergency fund of three to six months' worth of living expenses as you did when you were working? --Jim, West Farmington, Ohio
7/13/2010 4:31:11 AM
CNN Money
Pay less tax when planning for retirement
Question: I have been contributing the maximum to my 401(k) for some time now. But are there any other tax-friendly ways I can save even more for retirement? -- David W., Carlsbad, Calif.
7/9/2010 11:52:19 AM
Employee Benefits Research Institute
How Age Affects Likelihood of Receiving Pension, Annuity Income
6/30/2010 12:00:00 AM
CNN Money
BP sued by nation's No. 3 public pension fund
The nation's third-largest public pension fund on Wednesday initiated a class action suit against BP for losses incurred due to the oil spill in the Gulf of Mexico.
6/23/2010 3:14:34 PM
Employee Benefits Research Institute
Income from Pensions and Annuities: Gender Differences
6/9/2010 12:00:00 AM
     
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