401(k) PRODUCT WATCH 7 Situations When HSA Contributions Can Be Returned THE IRS HAS issued Information Letter 2018-0033, which helpfully provides details (wait, what?) about when an employer can request the return of Health Savings Account (HSA) contributions it made on behalf of its employees. The request can be made when: * HSA contributions exceeded an employee's payroll election. * An amount was mistakenly contributed for an employee due to an " incorrect spreadsheet " or " similar name. " * Contributions were incorrectly entered by a payroll administrator. * Additional contributions were received due to a duplicative payroll file transmission. * Incorrect contributions resulted from delayed processing of a payroll withholding change for an employee. * Incorrect contributions resulted from disparity between elected annual contribution and actual number of pay periods. * Incorrect contributions resulted from misplaced decimal point. Fi360 Reinforces Stable Value Research with Latest Acquisition RESEARCH NERDS REJOICE-Fi360 recently announced that it has completed an agreement with Blue Prairie Group to acquire the latter's stable value fund quantitative research and database. All data archives have been transferred to Fi360, and all future data will be available through Fi360's independent platform. The acquired data is derived from 35 fund managers and $450 billion-plus in assets. Pittsburgh-based Fi360, a fiduciary-related education and technology firm widely known for its fiduciary designations, will maintain the collection, management and analysis of the data, making the reports available to advisors, broker-dealers and institutions through its Stable Value Navigator product. The data and associated analysis provides an overview of stable value as an asset class and facilitates proper due diligence among financial professionals. Fi360's Stable Value Navigator allows the ability to compare products. It was added to Fi360's overall suite of offerings following the firm's June 2018 acquisition of the Center for Fiduciary Management (CFFM), which maintained a long-standing partnership with Blue Prairie Group to provide the most relevant and detailed research and analytics for users. 40 ISSUE 2 2019 | 401kSpecialist.com © Anatoli Styf | Dreamstime.com © Tomert | Dreamstime.comhttp://www.Dreamstime.com http://www.Dreamstime.com http://www.401kSpecialist.com