Fred Reish Quoted by PLANADVISER and PLANSPONSOR on Retirement Plans

PLANADVISER and PLANSPONSOR reported on retirement plan sponsors and the challenges that may affect their plans, including spiking inflation, market volatility, the potential for large portions of assets leaving the plan due to pandemic-related resignations and the growing number of baby boomers entering retirement. Benefits and executive compensation partner Fred Reish discussed why the time to act is now.

“While not well-publicized, there is now, and has been for several years, more money being distributed from plans than being contributed to plans,” said Reish. “That is not obvious because of the significant stock market gains over the past decade. But someday the market will go down, and that dynamic will be exposed.”