Critical questions for plan sponsors

The plan sponsor space is ever-changing and here at Fort Pitt we know how important it is to stay up-to-date with current trends in the space. In conjunction with upcoming seminars we’re holding surrounding plan sponsors and 401(k) plans, we will be doing a short blog series on critical questions…

ERISA celebrates 40 years

September marks the 40 year anniversary of the Employee Retirement Income Security Act of 1974, otherwise known as ERISA. Referring to the laws regulating employee benefit plans, ERISA has evolved since its inception to accommodate a changing landscape for the American worker. To commemorate the 40 year milestone, we decided to look…

Are you too conservative?

Since 401(k)s became popularized almost 30 years ago, a significant number of US employees now rely on the vehicle as their primary source for retirement income. However, there is one threat to retirement investors that can unhinge even the best of plans. Being too conservative with 401(k) allocations can have…

401(k) 101: Money and millennials

As thousands of college students graduate and transition into the workforce, they will likely have many questions about their finances. A concern that I have seen specifically within the millennial demographic is the debate between paying off student loans and/or contributing the maximum to an employer 401(k) plan. The reason…