Troy Tisue

[Troy Tisue @tntknox]

Yesterday, the Department of Labor (DOL) issued its proposed prohibited transaction class exemption (PTE) permitting investment advice fiduciaries to receive compensation in connection with that advice & sale of various products, i…https://t.co/bsO3Ykq7sg https://t.co/4xErv5Ual7

[Troy Tisue @tntknox]

Retirement Plan Start-Up Tax Credit Needs to be Fixed!
The SECURE Act increases the maximum tax credit (the “start-up tax credit”) that small employers can claim for sponsoring a plan to $5000 per year for three years.
Small employers that join an existi…https://t.co/49vQdUjUtB

[Troy Tisue @tntknox]

https://t.co/nzkIQTmISU Disruption, but also opportunities, will occur in the small employer plan market as more businesses seek professional plan fiduciaries to run PEPs & other plan aggregation solutions. #TAGResources #SECUREAct #RetirementSecurity #PEPs

[Troy Tisue @tntknox]

https://t.co/lZDr6JdXms can help workers save more for retirement through an aggregated 401(k) solution like that provided by TAG Resources instead of through an auto IRA per article’s suggestion.#retirementsaving

[Troy Tisue @tntknox]

Thanks to the SBA & Treasury Dept. in their April 17 Paycheck Protection Program FAQs for recognizing the importance of employer contributions to DC Plans & healthcare costs by excluding them from consideration in determining the payroll costs compensation limits.

[Troy Tisue @tntknox]

The CARES Act programs to help small business keep their workers are underway. See the Senate Small Business Committee guide to accessing funds: https://t.co/GXaQyHe1Bl

[Troy Tisue @tntknox]

See US Chamber small business guide to funds available in the CARESAct https://t.co/QjB23n11VK Keeping workers on payroll will help business ramp up after the crisis & help preserve workers retirement savings #SmallBizRelief #CARESAct #retirementsavings

[Troy Tisue @tntknox]

Check out my latest article: Covid-19, the CARES Act and Saving for Retirement https://t.co/xIeBuwG0lF via @LinkedIn

[Troy Tisue @tntknox]

Advisers & Clients Embrace 3(38) Services https://t.co/SqznylWjV0 services TAG Resources goes further. With its end to end outsourced plan, TAG, as administrative 3(16) fiduciary, selects & monitors the plan’s 3(38) inv mgr

[Troy Tisue @tntknox]

The CARES Act to provide relief for those impacted by the Covid-19 crisis, allowing them to access their workplace retirement savings w/o penalty, & to repay the funds within 3 yrs to preserve tax deferred earnings on those funds for retirement.

[Troy Tisue @tntknox]

The CARES Act provides up to $377B for small business, enabling continued employment for up to 60M employees & 47% of workforce per SBA 2019 report. Continued work means continued saving for retirement.

[Troy Tisue @tntknox]

https://t.co/fPZjd6aJxd notes SECURE Act’s Pooled Employer Plans will cause market disruption. Innovation creates opportunities. Advisors can add value by acting as 3rd party validators to employers selecting their PEP providers. PEPs will increase coverage. Isn’t that the goal?

[Troy Tisue @tntknox]

A new EBRI study finds that adopting Open MEPs alone reduces the retirement savings deficit 1.8% deficit. Open MEPs® provide cost & administrative efficiencies & delegation of plan fiduciary liability to a professional fiduciary like TAG Resources.
#openMEPs #PEPS #SECUREAct

[Troy Tisue @tntknox]

#MEPs and PEPs https://t.co/QQaVIfj3Kp Kaleda (Groom) cites the need for employers to evaluate the named fiduciary for the MEP/PEP to help workers save for retirement. TAG Resources is a respected top expert & leader in MEPs/PEPs. See https://t.co/ApAvxtCOdH

[Troy Tisue @tntknox]

@pastorjeremy @SamuelBragaGB That's right! Glad you're back, brother.

[Troy Tisue @tntknox]

@pastorjeremy @Jordan4vols @SamuelBragaGB Uh-oh... Sounds like a highlander duel is coming!

[Troy Tisue @tntknox]

@Jordan4vols Yeah, right. We're all singing the 'knee-on-belly blues' now...

[Troy Tisue @tntknox]

@Jordan4vols Haha! Learned those moves from you, my friend!

[Troy Tisue @tntknox]

@Jordan4vols that's great news.

[Troy Tisue @tntknox]

@BjammnRay Anytime, brother!