Articles

2018 IRS Pension Plan Limits

Each year, the Internal Revenue Service publishes updated dollar limitations for tax-qualified defined benefit and defined contribution plans. The limits are important for tax-qualified plans, as well as many non-qualified plans.
The IRS announced that there will be cost of living adjustments to certain of the qualified plan limitations for 2018.

Tax Equivalent Returns Using BOLI

A typical BOLI transaction today would result in a tax equivalent yield in excess of 6% depending on carrier, product type and premium account.

Enhancing Online Security for Our Clients

At Newport Group, we take the online security of our clients and their participant retirement accounts very seriously. Data security requires continuous adaptation, as the nature of online threats changes over time. Here are some of the recent protocols we have put in place to help prevent unauthorized access to participant data.

The 2017 Edition of Current Practices in Non-Qualified Deferred Compensation

Newport Group's 2017 edition of Current Practices in Non-Qualified Deferred Compensation summarizes important issues and trends in non-qualified benefit plans. It reflects data compiled from nearly 11% of Fortune 1000 companies about how they structure, administer, and assess the success of their non-qualified plans.

Tax Reform Update

Not much has been accomplished this year on tax reform. Congressional Republicans and the Administration have yet to agree on basic tax reform parameters: whether the legislation must be revenue-neutral or can be a net tax cut, which revenue offsets should be included, and whether tax reform must be permanent. House and Senate Republicans and the Administration are currently in negotiations they hope will result legislation to be released in September.
 

Newport Group Earns Top Industry Recognition

Newport Group was recently ranked among 50 firms featured in an annual list of top recordkeepers by Plansponsor magazine, the industry's leading publication.

Meet Newport Group Sales Team Leaders

Micah DiSalvo and Adam Sandahl lead Newport Group's Retirement Sales Team. Both Senior Vice Presidents, Micah drives the company's strategic goals in the qualified retirement space, while Adam leads Newport Group's efforts in the non-qualified and insurance arenas.

Helping 401(k) Participants Invest More Effectively

"Retirement readiness" and "participant outcomes" have not only become buzzwords over the last fives years, they have become a key objective for many plan sponsors. Employers wanting to take a proactive approach toward helping employees prepare for retirement are learning that there is a great deal they can do to promote positive participant outcomes.

Behavioral Finance and Institutional Insurance: Utilizing Modern Financial Theory

Over the past two decades, many of the basic assumptions of traditional (neo-classical) economics have been questioned by the emergence of a new type of thinking: behavioral economics.

When Plan Design Pays Off: Plan Forfeitures

Most advisors understand that plan design has a big impact on participation and savings rates in a retirement plan. An aspect of plan design that may be less well-known but also has a big impact for plan sponsors is the plan forfeiture provision.

Unauthorized access is prohibited. This site is designed for U.S. residents only.
Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. Fiduciary consulting services are provided through Newport Group Securities, Inc., an SEC-registered investment adviser and FINRA-registered broker-dealer, and InterServ, LLC, an SEC-registered investment adviser. Newport Group Securities, Inc. and InterServ, LLC are affiliates of Newport Group, Inc. All securities transactions are provided through Newport Group Securities, Inc., in its role as broker-dealer. All fiduciary consulting services are provided through the registered investment adviser. when offering variable insurance products, Newport Group Securities, Inc. acts solely in its capacity as a broker-dealer.
Trust and custody services provided by Newport Trust Company, a New Hampshire state chartered trust company and wholly owned subsidiary of Newport Group, Inc.