Top 3 Plan Sponsor Concerns

According to Willis Towers Watson, retirement plan sponsors have three main concerns in 2017: Managing plan risk, increasing plan effectiveness, and avoiding a noncompliance surprise. Guess what?  RLE can help with all three. Employees who are protected by RLE...

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Thomas Schendt has two words for plan sponsors: Retirement Leakage

Thomas Schendt, Partner, Alston & Bird LLP, has two words for plan sponsors: Retirement Leakage. Loan protection prevents defaults, reduces fiduciary risk and improves retirement outcomes. See his interview with PLANSPONSOR magazine’s editor-in-chief Alison Cooke Mintzer on the 401(k) loan...

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Custodia Financial Announces New Industry Hires

DALLAS – Custodia Financial, the innovator behind Retirement Loan Eraser (RLE), announced that Kim Zimmerman and Kevin Crews have joined the organization in key business roles. Ms. Zimmerman is a Senior Project Manager, responsible for establishing new users onto Custodia’s...

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SPARK Forum: Loan defaults a hot topic

401(k) loan defaults (and related cash outs) were a hot topic at the recent SPARK Forum in Palm Beach. Conference attendees heard about the ERISA requirement for plan sponsors to preserve assets intended for retirement and how that specifically applies...

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Alston & Bird: Future Shock – The Retirement Loan Default Crisis

Loan defaults are a serious problem in the 401(k) industry, one that is just becoming apparent as a leading cause of the retirement “leakage” crisis plaguing employer-sponsored retirement plans, and potentially setting up many hard-working Americans for future shock...

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Is Financial Wellness Missing the Point?

By George White, CEBS Financial wellness is the latest retirement topic du jour, with numerous programs marketed and panelists devoting coveted time at industry conferences. What’s not to like about helping people budget and reduce stress? If there is predictive...

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Myths and Facts About 401(k) Loans

Myth: 401(k) loans are the problem. Fact: Loan DEFAULTS upon job loss are the problem. Participants value loans, and may be more likely to participate in the plan when they have the ability to borrow. Myth: Loan defaults are a limited...

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Americans need 401(k) loan insurance

We insure our homes, but what about our loans? 401(k) savings are rapidly becoming our most important asset, even greater than the equity in our homes. Our retirement money is too important not to protect. Retirement Loan Eraser™ is a...

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