by David Gensler | Dec 15, 2020 | newsletters
Choosing which is worse, the COVID-19 pandemic or the Great Recession of 2008 is like being asked to choose between having a root canal or a colonoscopy. They are both awful but they are awful in different ways. In terms of retirement plans though, it is certainly...
by David Gensler | Sep 8, 2020 | article, newsletters
In the timeless children’s book Are You My Mother?, a baby bird goes in search of his mother. When a mother bird’s egg starts to jump, she hurries off to make sure she has something for her little one to eat. But as soon as she’s gone, out pops the baby bird. He...
by David Gensler | Aug 11, 2020 | newsletters
Congress often gets chided (and justifiably so) for moving at the speed of a glacier, but there are times when they do act with deliberate speed. The CARES Act was one of those times. They acted quickly to pass legislation that increased the size of loans that...
by David Gensler | Aug 10, 2020 | newsletters
Tens of millions of Americans are out of work while the stock market’s wild swings are making you dizzy, and you wonder… what are the rules of retirement in this new world we now live in? Has there really been a shift in the tried and true rules to a secure...
by David Gensler | Aug 10, 2020 | newsletters
Every day, 10,000 Americans turn 65. Life spans are lengthening and the contingent medical bills that inevitably accompany old age rise as well. Half of American families in the 56 – 61 age bracket had less than $21,000 in retirement savings (based on a study by the...
by David Gensler | Jul 13, 2020 | infographics, retirement plans
With over 4 decades worth of retirement servicing experience, we have seen it all. Everything from unsigned plan documents to theft of an employee’s 401(k) plan. However, there are 3 common mistakes that are most consequential to your retirement plan. ...
by David Gensler | Jul 13, 2020 | infographics
Have you ever wondered how your payroll provider stacks up to a professional service firm like Madison Pension? As you may be aware some payroll providers also offer retirement services. You may be with one right now! They lure you in with the promise of saving you...
by David Gensler | May 7, 2020 | newsletters, Uncategorized
We know that the CARES Act doubled retirement plan loan limits for qualified individuals eligible for a Corona-Virus Related Distribution (CRD) to be the lesser of $100,000 or 100 percent of the participant’s vested account balance. To qualify, the loan must be...
by David Gensler | Mar 25, 2020 | newsletters, retirement plans
David I Gensler, MSPA, MAAA, ASEA I thought that the most important thing that I could do with this month’s newsletter is to provide you with an update of any retirement related legislation as it moves through Congress. Though negotiations are not over, on March 22nd...
by David Gensler | Feb 20, 2020 | Generation X, newsletters, retirement, retirement planning
David I Gensler, MSPA, MAAA, ASEA We’ve seen these images and advertisements so many times that we don’t pay much attention to them anymore. They are on the booklets that the recordkeeping providers give out at enrollment meetings. They flash across the TV screen as...
