Participant Insights: Misperceptions About 401(k) Plans Abound Two of the most prevalent misunderstandings that keep workers from signing up that it is too complicated, and that retirement is too far off to care can be stamped out through automatic features, advisers say.
Retirement plan sponsors have to conquer a great number of fiduciary and plan design basics when setting up a plan, but they might not think about the many misconceptions that participants have about retirement plans and retirement saving which could be an impediment.
Two of the biggest misconceptions that keep workers from participating in retirement plans are that they are too complicated and that the worker is too young to care about a milestone decades down the road.
After listening to witnesses and debating in the Wednesday, May 19 Charter Commission special meeting, the commission voted to reaffirm their recommendation that Peggy Rehder serve on the commission.Â
In March City Council Vice President wrote a letter to Chief District Judge Kathryn Messerich in opposition to the appointment of Rehder to the commission. He said in his letter, âduring her past service on the Red Wing City Council, she exhibited unprofessional and erratic behavior that culminated in her resignation from office.â Hove is referring to a 2018 arguement between Rehder and Administrative Business Director Marshall Hallock.
The special meeting was held because Judge David Knutsonâwho was assigned to appoint the next member to the commission by Messerichârequested three things of the commission:Â
A special Charter Commission meeting is scheduled for Wednesday, May 19, to discuss objections to its recommendation that Peggy Rehder fill one of its three open seats. City Council Vice President Dean Hove opposes the appointment.Â
Hove wrote a letter to Judge Kathryn Messerich of the First Judicial District on March 29. The letter states in part, âDuring her past service on the Red Wing City Council, she exhibited unprofessional and erratic behavior that culminated in her resignation from office. ⦠I believe her presence on the Red Wing Charter Commission would also be detrimental to the professional, orderly conducting of the business before them.âÂ
A special Charter Commission meeting is scheduled for Wednesday, May 19, to discuss objections to its recommendation that Peggy Rehder fill one of its three open seats. City Council Vice
The number of migrants trying to cross the U.S.-Mexico border illegally continues to rise and so does the temperature along the Southwest border. U.S. Customs and Border Protection officials in Arizona are warning migrants not to come during deadly triple digit temperatures.
TUCSON, ARIZ. – The number of migrants trying to cross the U.S.-Mexico border illegally continues to rise and so does the temperature along the Southwest border. U.S. Customs and Border Protection officials in Arizona are preparing for a busy summer ahead, working in triple-digit temperatures.
CBP’s Tucson Sector opened their doors Thursday to media to help warn migrants not to cross in the desert heat.