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In 1992, Johnny Carson retired from The Tonight Show, William Jefferson Clinton was elected our 42nd president and the Lethal Weapon movie franchise premiered its third installment. In the same year, PNC introduced Vested Interest to the defined contribution marketplace.
As Target Date Fund (TDF) demand has grown, so has supply. With the abundance of TDF suite options now being provided by fund companies, plan sponsors need to have a clear understanding of which type of TDF suite may best suit their plan and its participants.
Here are the key dates and deadlines that your plan will need to meet over the next few months. Contact your Account Manager if you have questions about these tasks or deadlines.
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We are pleased to announce that several website enhancements are now available to plan sponsors and participants.
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To qualify as a safe harbor plan, the plan does need to meet certain contribution, vesting and participant notification requirements.
The responsibility for a plan’s investments is a serious one. It involves making complex decisions that can affect the future retirement security of plan participants and has consequences that may result in personal liability.
Browse the online issues for articles covering retirement plan management, employee education, regulatory updates, and what's trending, as well as access to a variety of resources to help you manage your retirement plan. To change your subscription or to start a new one, please email email@example.com. You will automatically receive an email when a new issue is available.
More Enhancements Coming for Retirement Directions Website
Transition to PNC Fiduciary Investment Service
Thought Leadership: Digital Trends in Retirement
Employee Education Wins a 1st Place Eddy Award
Investment Spotlight (NEW!)
Compliance Support for Your Retirement Plan’s Form 5500Read Articles
We value our relationship with you. If there is a topic that you would like to see featured in a future Newsletter, we encourage you to share feedback at any time.
The PNC Financial Services Group, Inc. (“PNC”) uses the marketing names PNC Retirement Solutions® and Vested Interest® for defined contribution plan services and investment options provided through its subsidiary, PNC Bank, National Association (“PNC Bank”), which is a Member FDIC. PNC Bank also provides custody, escrow, and directed trustee services; FDIC-insured banking products and services; and lending of funds. Insurance products may be provided through PNC Insurance Services, LLC, a licensed insurance agency affiliate of PNC, or through licensed insurance agencies that are not affiliated with PNC; in either case a licensed insurance affiliate may receive compensation if you choose to purchase insurance through these programs. A decision to purchase insurance will not affect the cost or availability of other products or services from PNC or its affiliates. PNC does not provide legal, tax, or accounting advice unless, with respect to tax advice, PNC Bank has entered into a written tax services agreement. PNC does not provide services in any jurisdiction in which it is not authorized to conduct business.
“Vested Interest” and “PNC Retirement Solutions” are registered service marks of The PNC Financial Services Group, Inc.
Investments: Not FDIC Insured. No Bank Guarantee. May Lose Value.
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