If you receive a text communication alerting you that your debit card is locked, this could be a common fraud tactic by scammers attempting to obtain your personal information. If you have provided personal information over the phone to someone claiming to be from INTRUST Bank, you should immediately call customer service at 800-895-2265 and select option 3 for card services. Learn more about account takeover fraud
Why it's Important to Review, Refresh and Revise Retirement Plan Documents
Ideally, you should meet with your plan's advisor at least once a year to evaluate the overall health of your retirement plan, which includes reviewing plan documents and operations to help ensure they are up to date with current guidance and regulations.
What are Corrective Distributions and How to Avoid Them Going Forward
This article will take a brief look at ways to correct a failed “ADP” test, the non-discrimination test mandated by the Internal Revenue Code to determine whether 401(k) elective deferrals unfairly favor highly-compensated employees.
How Data Analytics Can Help You Make Retirement Plan Decisions
If you’re not using data analytics to help you make progress toward improving participant outcomes, then you could be missing out on a key component of plan governance. Data analytics are becoming a meaningful part of defined contribution plan governance for retirement plan fiduciaries.