Foodbank Volunteer

At The Standard, regular check-ins with retirement plan advisors are a way to provide client and practice management support and resources. During the month of May, each virtual lunch meeting between The Standard and a retirement plan advisor will deliver an extra benefit: a $25 donation to Feeding America.

Hands holding a heart
The Standard is waiving certain administrative fees and contributing to community efforts to assist those affected by COVID-19.

Retirement plan sponsor clients gave The Standard high marks in the 2019 PLANSPONSOR Best-in-Class Provider survey. The Standard qualified for recognition in three market categories: <$5mm, $5mm to $25mm and $25mm to $50mm.

For retirement plan sponsors and participants seeking guaranteed interest, safety of principal and liquidity, stable value options are a compelling investment.
In the 2018 PLANSPONSOR survey, Standard Retirement Plan Services was recognized in several areas.
In early November 2018, the IRS issued proposed regulations regarding hardship distributions for 401(k) and 403(b) plans. This new guidance primarily addresses hardship distribution recommendations made in the Bipartisan Budget Act of 2018. At the same time, it addresses related questions about hardship distributions that unexpectedly arose from the Tax Cuts and Jobs Act of 2017 and recent disaster relief guidance.
Saving for retirement is the top financial concern for 70 percent of employees, according to a study by The Standard. But only 33 percent are confident about their level of retirement readiness.