KerberRose Retirement Plan Services

Plan sponsors should ensure ERISA Bonds and Fiduciary Bonds are in place to safeguard their retirement plan and its assets. By doing so, you can mitigate risks and provide peace of mind to plan participants. Learn the key differences between the two in KerberRose Shareholder, Tony Powers' latest blog.

KerberRose team members were fortunate to attend the 37th Annual?Wisconsin State Council SHRM?conference this week at the Kalahari Resort in Wisconsin Dells. Human Resource leaders, professionals, and advocates gathered to discuss current trends in the industry and how to overcome challenges. Some session topics included leveraging AI solutions to transform workplace financial wellness and retirement planning, and financial education on existing benefits packages, and how to communicate this to your employees. We look forward to attending next year and appreciate the opportunity to connect with other professionals in the industry from across the state! #KerberRose #SHRM #HumanResources #RetirementPlanning

Participants aged 60-63 will be eligible to make additional catch-up contributions come January 1, 2025. KerberRose Shareholder, Tony Powers, AIF?,CFP?,CRPS? shares details on this option provision for plan sponsors and how to best navigate the change in our latest blog. #KerberRose #401k #SECURE #RetirementPlanning

Many defined contribution plans include something called employer matching, meaning your employer contributes a certain amount to your retirement savings plan based on your personal contribution. In 2024, individuals can contribute up to $23,000 into their 401(k) according to SEC guidelines. Check out these three common scenarios employers use when determining their match, and how it affects each retirement plan differently.

Employees in the human resources department handle many responsibilities, such as managing a company's health care benefits or supervising the retirement plan. As a result, it’s common for these employees to experience times of overwhelm, stress, and burnout. It is crucial for plan sponsors, who are frequently overseeing these teams, to understand the difficulties their HR department encounters daily, and to avoid compromising their fiduciary duties to these workers. Begin offering practical advice for managing workloads, understanding fiduciary responsibilities, and promoting employee well-being by reading our latest blog. #kerberrose #overcominghrchallenges #humanresources

According to the results of a 2024 American Psychiatric Association mental health poll, 43% of adults reported higher subjective feelings of anxiety than they did the previous year. Respondents indicated feeling anxiety related to several issues. These alarming statistics underscore the critical need for employers to prioritize financial wellness programs. To further support your employee's well-being, consider these insights and resources regarding programs and ideas to boost morale. #kerberrose #financialwellness #employeemorale

In late June of 2024, the IRS issued a notice providing critical guidance on early withdrawal penalty exemptions under the SECURE 2.0 Act. The law includes significant provisions for individuals experiencing domestic violence, an issue affecting millions across the U.S. The notice states victims of domestic abuse can now withdraw funds from their retirement plans without incurring the usual early withdrawal penalty. To learn more about this guidance or what information you should share with participants, read our latest blog. #kerberrose #irs #earlywithdrawal #retirementplanning

Don't forget to register for our upcoming webinar, "Retain Your Brain: How to Age-Proof Your Most Valuable Asset" by Michael Lynch, on September 17 from 12 p.m. - 1 p.m. CST! While prioritizing personal health is crucial, its impact on financial well-being is often overlooked. Michael Lynch will share effective techniques to ensure the safety of both your health and finances. Register now https://lnkd.in/gJ8e9g3h to discover practical strategies that enhance cognitive health and provide financial security. We hope to see you there! #KerberRose #TrustedAdvisor #Finance #Health

Congrats Alexandria Miller, CPFA?! Your passion for helping others shines through in everything you do.

We are looking for a talented individual to join our team!