This private K-12 school has been a TIAA-CREF client since 1960. In February 2013, concerned about managing its fiduciary responsibilities, the school expressed an interest in hiring a financial consultant to serve as co-fiduciary for its retirement plan. After a formal RFP search, the School selected Cannon Financial Strategists, Inc. (Cannon)….
Profile Private medical practice with four doctors that experiences steady growth. The Challenge The practice added employees to the point that its Simplified Employee Pension (SEP) plan became too costly in terms of contributions to employees relative to the amount the doctors were contributing for…
Profile 2,000 employee hospital with multiple vendors in their retirement benefits program. The Challenge Changes in tax law and reporting requirements had made it increasingly cumbersome to deal with multiple record-keepers, administrators and vendors. Employees were confronted with a mixed bag of variable annuity funds…
