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Glossary of Retirement Terms

ABA and Pentegra Retirement Services to Present Free Webinar

    

WHITE PLAINS, NY, October 15, 2012 -- The American Bankers Association Corporation for American Banking (CAB) and Pentegra Retirement Services will present a free webinar on Thursday, October 18, 2012 (2:00 PM to 3:00 PM ET) entitled 10 Things Bank Executives Need to Know About Pensions and 401ks to be presented by Pete Swisher, CFP, CPC, TGPC, Senior Vice President of National Sales at Pentegra.

In a rapid-fire presentation, Pete Swisher, a well-known voice from the pension community, will summarize the most important issues facing bank executives with respect to company retirement policy. The discussion will range from the economic environment and imminent interest rate inflection point to tax reform, managing bank financials, cutting costs, improving results, fiduciary outsourcing, risk mitigation, fee disclosure and several critical insights on defined benefit pension programs and the need for proactive planning.

Webinar takeaways will include:

  • Concrete ways to get less of the things you don't want (work, time, hassle, regulatory burdens, cost, risk).
  • A best-practices approach to building a retirement program with which no board member, employee, or regulator can find fault.
  • The real risks (beyond industry scare tactics) associated with 401k plans.
  • A framework for modernizing old-style pensions with the right balance of cost and risk.

In addition to his position at Pentegra Retirement Services, Pete Swisher is a pension consultant and author of 401k Fiduciary Governance: An Advisor's Guide, currently in its third edition, a textbook for retirement plan advisors pursuing the Qualified Plan Financial Consultant (QPFC) credential. To learn more about Pete visit www.pentegra.com/about-pentegra/executive-team.

About Pentegra Retirement Services

Pentegra Retirement Services is a leading provider of retirement plan solutions to organizations nationwide. Founded by the Federal Home Loan Bank System in 1943, Pentegra offers a full range of retirement programs, including 401k plans, Defined Benefit Pension plans, Cash Balance plans, 412(e)(3) Fully Insured Defined Benefit plans, Split Funded Defined Benefit plans, KSOPs, ESOPs, Profit Sharing plans, Age-Weighted plans, New Comparability plans, 457(b) and 457(f) plans, 403(b) plans, 401(a) plans, Section 79 plans, Non-qualified Executive Benefit and Director plans, benefits financing solutions using BOLI and a broad array of TPA services. For more information, go to www.pentegra.com.

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