Before retirement, Terry Dunne was the senior vice president and managing director of Retirement Services at Millennium Trust Company, LLC. Mr. Dunne has over 40 years of consulting experience in the financial services industry. He has written extensively on retirement planning, industry trends, technology, and legislation. Millennium Trust performs the duties of a directed custodian, and as such does not sell investments or provide investment, legal or tax advice.
Retirement Plans in Tax Reform Crosshairs
Two words may have a profound effect on the retirement industry in coming years: revenue neutrality. A goal…
How Qualified Retirement Plans Affect Mergers and Acquisitions
If a merger or acquisition is in your company’s future, or your client company’s future, here’s something to…
Technology Priorities: What Will 401(k) Plan Sponsors Value?
Digital retirement trends like mobile apps and responsive design are reshaping how participants engage with retirement plans.
How the DOL’s Delay Will Help the 401(k) Fiduciary Rule
Fiduciary Rule Delay raises concerns over retirement advice costs, IRA rollovers, and small business access to services.
What’s the Next Step in 401(k) Plan Design?
401(k) retirement plan features—from automatic enrollment to automatic escalation to automatic investment—have made it easier for employees to…
Unintended Results? Conflicts of Interest and the 401(k) Fiduciary Rule
We’re living in an age when an unprecedented number of 401(k) plan participants must make decisions about assets…
First Rule of Retirement Income: What It Is, Why It’s Important
The first rule of retirement income hasn’t changed: Taking money from a qualified account before retirement—through cashouts, loan…
How the Candidates View the 401(k) Fiduciary Rule
DOL fiduciary rule faces political battles as Republicans oppose costs while Democrats push for stronger investor protections.
A New Set of 401(k) Best Practices for IRA Rollovers
DOL Fiduciary Rule impacts IRA rollovers, advisor compensation, and fiduciary responsibility under new Department of Labor standards.
So, You Inherited A 401(k)… Now What?
Plan sponsors often educate plan participants about the importance of beneficiary designations. It is equally important to help…