Kacy Reece

Recent Posts

What You Need to Know About SECURE 2.0

Kacy Reece

Kacy Reece

Blog Post

It’s finally here! After much back-and-forth, Congress passed the long-awaited SECURE 2.0 just before the close of 2022. This legislation is intended to expand access to retirement plans and increase savings, preserve Americans’ income, and simplify/clarify retirement plan rules. There are over 100 total provisions, so here is a summary of the components you should be aware of:

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How Careful Are You with Managing Participants’ Data?

Kacy Reece

Kacy Reece

Blog Post

In today’s digital world, we all have a lot of data and personal information stored online – information like e-mails, phone numbers, personal contacts, and even financial asset values and information. Most of us trust companies (like banks, financial institutions, social media, and tech firms) to manage and protect this information and provide us with it in a matter of seconds. This raises some concerns about “who has access to this data,” and how can they protect it.

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Wiley|Wilson and AFS Recognized for Financial Wellness Excellence by the Retirement Advisor Council

Kacy Reece

Kacy Reece

Blog Post

On August 16, 2022, the Retirement Advisor Council recognized Wiley|Wilson, as an honoree of its Financial Wellness Excellence Awards. This recognition was presented at the Retirement Advisor Council’s 2022 Annual Planning Meeting in Des Moines, IA. Connie Burnette of Wiley|Wilson accepted the award on behalf of her team and was recognized for her thoughtful leadership and dedication to providing the best possible employee financial wellness program to her organization.

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4 Questions Answered by AFS Team Members

Kacy Reece

Kacy Reece

Blog Post

We sat down with some of the team members of AFS and here's how they answered the following questions...

 

  1. What advice would you give your younger self?
  2. What's the worst piece of financial advice you're ever received?
  3. What's the best piece of financial advice you're ever received?
  4. What does AFS stand for? (wrong answers only)

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Alex Assaley Named a 2022 PLANADVISER Top Retirement Plan Adviser

Kacy Reece

Kacy Reece

Blog Post

AFS 401(k) Retirement Services is thrilled to publicize that our lead adviser, Alex Assaley was named a top retirement plan advisor by PLANADVISOR.

Since 2013, this designation has been awarded to the top 100 retirement plan advisers and teams based on quantitative measures such as the most plans and assets under advisement. This year, PLANADVISER made a significant change, limiting how large a team could be for consideration—eliminating national-type firms that traditionally had met the eligibility for a “Mega Team”.

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What is Your Proudest Moment?

Kacy Reece

Kacy Reece

Blog Post

At this year’s NAPA 401(k) Summit, the nation’s largest and most prestigious conference for retirement plan advisors and industry leaders, our Managing Principal, Alex Assaley took to the stage to give his final Presidential remarks and share a special story of one of his proudest moments as a retirement plan advisor. You can watch the live presentation below or read through the video transcript.

Alex, as the 2021-2022 President of NAPA.

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AFS 401(k) Retirement Services Honored in NAPA’s 2021 Top DC Advisor Teams List

Kacy Reece

Kacy Reece

Blog Post

BETHESDA, MD — AFS 401(k) Retirement Services has been named to the National Association of Plan Advisors’ list of the nation’s top defined contribution (DC) Advisor Teams with Assets under Advisement of $100 Million.

Unlike other lists, this focuses on individual firms, or what may, in a wirehouse environment, be referred to as a team, or office, and the assets under advisement related to their defined contribution (DC) practice, specifically in a single physical location. The inaugural list was published in 2017.  

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So You Failed Compliance Testing-Now What?

Kacy Reece

Kacy Reece

Blog Post

Every year, companies and organizations are required to complete their plan's annual compliance testing. These tests are performed to ensure all employees of the organization are receiving the appropriate benefits, and that employers are adhering to ERISA and IRS rules and regulations governing retirement plans.  

While many organizations go through the proper protocols and steps to a “T,” they still can run into issues that may keep them from passing all the required compliance tests. However, it’s important to keep in mind that failing shouldn’t always be seen as a negative. Typically, it means you have a minor setback that has delayed your eventual passed test, or you simply maximized your plan’s benefit offering. If you find your company has failed any of the required compliance tests, what steps can you take to amend the results?

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The Future for ESG Investing

Kacy Reece

Kacy Reece

Blog Post

Earlier this summer, our team hosted our first virtual “symposium-style” event focused on addressing some of the industry's hot topics and trends, including Financial Wellness in the Workplace; Regulatory and Legislative Initiatives for Retirement and Benefits Plans; and The Future for ESG Investing. While the live event was over six hours long, we have created this series of shorter highlight videos so you can easily digest and use this valuable and informative information within your own organization. 

Our second highlight video series is from the "Understanding ESG Investing" panel moderated by AFS 401(k)'s Managing Principal, Alex Assaley. He sat down with Clarice Avery, VP, Investment Strategist of Natixis Investment Managers, and Katherine Collins, Head of Sustainable Investing of Putnam Investments to talk about ESG investing and what companies should know about ESGs and the future of this investment option. Here are a few of the moments from their session together: 

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