If you’re having difficulty with all of the changes and to-dos regarding COVID-19 and how you manage your plan, you’re not alone!

Nearly half of plan sponsors say they are still deciding which CARES Act provisions to implement.[1] In addition, you might be dealing with uncertain cash flows, leaving you with the onerous choice of cutting or suspending retirement plan matching contributions.

You shouldn’t have to face these unprecedented times alone. Now more than ever, you need the expert guidance of an experienced, dedicated retirement plan advisor who can help you navigate this “new normal.”

If you don’t already have an advisor, it may be the time to consider partnering with one. And if your plan has an advisor, are they doing all they can to help you manage the health of your retirement plan?

Your responses to the checklist below can help you determine if now is the right time to hire an advisor or contemplate replacing your existing one.

Click here to download the checklist to assess your current 401(k) Advisor.


Joanna Amberger PictureJoanna Amberger
CERTIFIED FINANCIAL PLANNER™
3 Financial Group

1888 Kalakaua Avenue, Suite C312
Honolulu, HI 96815
808.791.2925
www.3FinancialGroup.com

 

 

 

 


Running a successful business is complicated and your retirement plan is an important piece of the puzzle. Regulators are putting increasing pressure on business owners who run retirement plans for their employees. Working with a financial advisor who can support you with your fiduciary requirements can help ease that burden. Plus you can have a plan that is easy to manage, while providing your employees with a convenient vehicle to save for retirement. We work with you to design and implement smart retirement plans that fit your unique goals.

 

 

 

Photo by Andrea Piacquadio from Pexels

[1] Plan Sponsor Council of America. CARES Act Snapshot Survey. April 2020.

 

 

This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.

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