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Plan Sponsor News - February 2025 |
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Welcome to the latest edition of our Plan Sponsor Newsletter. As we navigate the evolving landscape of retirement planning, we are committed to providing relevant updates, insights and strategies to help you manage your retirement plans effectively. In this issue, please find valuable information on recent Supreme Court legislation, SECURE 2.0 optional provisions and our 2025 Essential Economic Update.
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Insights and Perspectives |
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Understanding the Loper Bright Decision:
A Guide for ERISA Professionals |
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By: Gregory Adams, ChFC®
Senior Consultant |
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In a landmark decision issued in 2023, the U.S. Supreme Court ruled in Loper Bright Enterprises v. Raimondo, a case that focused on the scope of the Secretary of Commerce's authority to impose fishing regulations. While the case itself was centered on the fishing industry, its decision has broader implications for regulatory powers across various sectors, including employee benefits law under... Read More > |
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SECURE 2.0: Five Optional Provisions for Plan Sponsors to Consider |
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SECURE 2.0, the most sweeping and encompassing act affecting the retirement plan industry since the Pension Protection Act of 2006, includes optional provisions that Plan Sponsors can elect to add to their plan’s offerings. Optional provisions that have piqued interest for Plan Sponsors include qualified disaster relief, matching on student loan payments, treatment of employer contributions as Roth, domestic abuse victim withdrawals and self-certifications for hardships. It is important for Plan Sponsors to understand... Read More >
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By: Daniel Duffy
Senior Consulting Analyst
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What is your greatest career accomplishment so far?
My greatest career accomplishment has been achieving the CFA designation, which required years of studying and some rigorous exams. However, I have also been able to be a part of some pretty great initiatives at the firm that I believe have really benefitted clients and their participants. While sometimes the impact of these are on the margins, there are some that were more material and actually were a needle-mover for clients. |
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Sean McCaffery, CFA
Senior DC Research Specialist |
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What do you enjoy the most about working at Fiducient?
I'm fortunate that I have been with the firm for nearly 11 years, hopefully that is a testament to how great of an organization it is. I've worked alongside many of my colleagues for nearly a decade which I think provides us some benefits. Within the research group specifically, I think after working together for so long we have really become comfortable working with each other, it allows us to be candid in our discussions and avoid group think, without the fear of offending one another. On the personal front it has been amazing to see what has transpired for team members during that time; engagements, weddings, children, it has been great to work with the same people through a lot of different milestones outside the workplace.
What do you like to do when you’re not at work? Any interesting hobbies or volunteer organizations you work with?
My wife and I are fortunate to live by the shore in Connecticut. I grew up boating, and we purchased a small boat in the Summer of 2024, in the warmer months we try to get out on the water with most of our free time! |
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This report is intended for the exclusive use of clients or prospective clients (the “recipient”) of Fiducient Advisors and the information contained herein is confidential and the dissemination or distribution to any other person without the prior approval of Fiducient Advisors is strictly prohibited. Information has been obtained from sources believed to be reliable, though not independently verified. Any forecasts are hypothetical and represent future expectations and not actual return volatilities and correlations will differ from forecasts. This report does not represent a specific investment recommendation. The opinions and analysis expressed herein are based on Fiducient Advisor research and professional experience and are expressed as of the date of this report. Please consult with your advisor, attorney and accountant, as appropriate, regarding specific advice. Past performance does not indicate future performance and there is risk of loss.
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