ASPPA

ASPPA

By ASPPA 2/12/2016 • 0 Comments

ASPPA is always providing information and insights that will be valuable to its members! Following is a summary of upcoming webcasts and events. READ MORE

By ASPPA 2/11/2016 • 0 Comments

ASPPA Connect will not appear on Monday, Feb. 15, in observance of Presidents Day; it will reappear on Wednesday, Feb. 17. Following are some interesting facts and circumstances concerning the 44 men who have served as president. READ MORE

Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams2/26/2016 • 0 Comments

Working with retirement plans is a complicated, challenging and constantly changing process. That said, there are certain constants — and things that bear repeating and/or reconsidering from time to time. READ MORE

By Nevin Adams2/12/2016 • 0 Comments

Two powerful congressional voices have taken several financial services firms to task for characterizing the Department of Labor’s fiduciary rule proposal as “unworkable” with dire consequences if enacted — while painting a very different picture for their investors. READ MORE

Brian Graff

Brian Graff

By Brian Graff2/16/2016 • 0 Comments

Buried in a Treasury Department proposal to make it easier for large corporations to close their defined benefit plans to new entrants is a provision that will make it harder for small businesses to form new retirement plans or maintain their current ones. READ MORE

Martella Joseph

Martella Joseph

By Martella Joseph2/5/2016 • 0 Comments

The American Retirement Association’s Legislative Relations Committee (LRC) has developed more than 30 legislative proposals contained in a document, entitled “Proposals to Enhance the Private Retirement Plan System,” to improve the administration and operation of plans. READ MORE

Andrew Remo

Andrew Remo

By Andrew Remo2/10/2016 • 0 Comments

The Obama administration’s final budget wasn’t a complete retread of its prior retirement plan proposals, but there wasn’t much good news for employer-sponsored retirement plans. READ MORE

By Andrew Remo2/9/2016 • 0 Comments

Though specific policy details remain elusive on many key issues in the 2016 presidential campaign, the tax reform proposal of a leading candidate could undermine the 401(k). READ MORE

ASPPA Net Staff

ASPPA Net Staff

By ASPPA Net Staff2/29/2016 • 0 Comments

On Jan. 29, the IRS released proposed regulations that are expected to significantly affect the design and economics of defined contribution plans that test for nondiscrimination on the basis of equivalent benefit accrual rates. READ MORE

By ASPPA Net Staff2/26/2016 • 0 Comments

Many factors have mitigated the ability of employees to retire secure in the knowledge that they have sufficient financial resources in store. A recent report offers ideas on how a plan and an employer can help employees better prepare to finance their retirement. READ MORE

By ASPPA Net Staff2/26/2016 • 0 Comments

Pension funds have been confronted with a series of challenges of late, but new research suggests they aren’t taking things lying down. READ MORE

By ASPPA Net Staff2/26/2016 • 0 Comments

Many factors influence costs to employers that provide employees with access to a defined benefit plan; in the February 2016 Bureau of Labor Statistics blog, the BLS looks at how those costs fluctuate by industry, occupation, establishment size and region, and reviews trends from 2008 to 2015.
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By ASPPA Net Staff2/26/2016 • 0 Comments

In an era when defined contribution plans are increasingly the employer-provided retirement plan norm, it may seem counterintuitive to offer a defined benefit plan; nonetheless, says recent research, that is exactly what many employers are doing. READ MORE

By ASPPA Net Staff2/25/2016 • 0 Comments

On Feb. 23, the American Retirement Association filed a comment letter with the IRS suggesting enhancements that can be made to the IRS pre-approved plan program for plans subject to Internal Revenue Code Sections 401(a) or 403(b). READ MORE

By ASPPA Net Staff2/25/2016 • 0 Comments

Speaker of the House Paul Ryan (R-Wisc.) has now weighed in on the anticipated publication of the Department of Labor’s (DOL) fiduciary rule, claiming that “the bureaucrats bullied it through.”
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By ASPPA Net Staff2/24/2016 • 0 Comments

A staff report from the Senate Committee on Homeland Security and Governmental Affairs sharply criticizes the Department of Labor’s (DOL) fiduciary proposal and what it described as a “flawed process” in handing down that rule. READ MORE

By ASPPA Net Staff2/24/2016 • 0 Comments

On Feb. 22, 2016, the American Retirement Association (ARA) filed a comment letter with the IRS regarding the new compliance questions to be added to the Form 5500, potentially for the 2016 plan year reports. READ MORE

By ASPPA Net Staff2/23/2016 • 0 Comments

The Securities and Exchange Commission (SEC) will proceed with its work on investment advice standards rules and oversight of advisors, SEC Chair Mary Jo White said Feb. 19 at the Practising Law Institute conference in Washington, D.C. READ MORE

By ASPPA Net Staff2/23/2016 • 0 Comments

There has been a massive shift in the types of retirement plans offered by the Fortune 500 since 1998 — unless you’re talking about hybrid plans. READ MORE

By ASPPA Net Staff2/19/2016 • 0 Comments

A recent paper notes that if financial considerations drove retirement decisions, workers financially prepared for retirement would exit the labor force and those not prepared would work longer. READ MORE

By ASPPA Net Staff2/19/2016 • 0 Comments

In “Mid-Year Changes to Safe-Harbor 401(k) Plans: New Rules Under IRS Notice 2016-16,” a webcast to be held on Tuesday, Feb. 23 Craig Hoffman will cover this guidance and related information. READ MORE

By ASPPA Net Staff2/19/2016 • 0 Comments

Healthy individuals may want to consider saving more for their retirement, suggests a new study that sheds fresh light on the connection between health and expenses during retirement. READ MORE

By ASPPA Net Staff2/19/2016 • 0 Comments

The Congressional Budget Office (CBO) has made some corrections to the calculations of replacement rates — the ratio of Social Security recipients’ benefits to their past earnings — that it had released in December. READ MORE

By ASPPA Net Staff2/18/2016 • 0 Comments

The DOL is rolling out a new initiative focused on the defined benefit plans of a number of Fortune 500 companies, examining three key areas. READ MORE

By ASPPA Net Staff2/16/2016 • 0 Comments

A new report suggests that while early distributions from retirement plans are a cross-generational issue, it may be a bigger behavioral problem than is widely appreciated. READ MORE

By ASPPA Net Staff2/16/2016 • 0 Comments

For 2015, plan sponsors should skip the compliance questions that were just added to the Form 5500-SF. A revised version of the 2015 instructions for Form 5500-SF, Short Form Annual Return/Report of Small Employee Benefit Plan contains the new information regarding the optional questions. READ MORE

By ASPPA Net Staff2/12/2016 • 0 Comments

As part of the year-long celebration of ASPPA’s 50th anniversary, we’ve compiled lists of landmark events that took place in each month of the year; here's a look at February. READ MORE

By ASPPA Net Staff2/11/2016 • 0 Comments

The IRS has proposed additional limitations on suspension of benefits applicable to certain pension plans under the Multiemployer Pension Reform Act of 2014 (MPRA). READ MORE

By ASPPA Net Staff2/11/2016 • 0 Comments

Most Americans seem to like their 401(k)s — even if they don’t have a 401(k) — and they’re not very keen on government proposals to change them, according to a new survey. READ MORE

By ASPPA Net Staff2/11/2016 • 0 Comments

The assets of the nation’s largest retirement funds slid 2.3%, as pension de-risking moves took their toll on corporate DB plan assets. READ MORE

By ASPPA Net Staff2/10/2016 • 0 Comments

Defined benefit plans’ allocation to commodities and returns from those investments fell in 2015, says a recent report. READ MORE

By ASPPA Net Staff2/10/2016 • 0 Comments

Recently released research includes data on what student debt can portend for Americans’ retirement readiness of U.S. employees. READ MORE

By ASPPA Net Staff2/10/2016 • 0 Comments

Increased longevity is good news, but for pension plans it creates more stress — it spells greater drain and heightens the likelihood that plans will pay benefits for a longer period.
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By ASPPA Net Staff2/9/2016 • 0 Comments

Millennials are the newest — and largest — part of the workforce; those who serve and administer retirement plans are wise to pay attention to, and respond to, their needs and the approaches they prefer. READ MORE

By ASPPA Net Staff2/8/2016 • 0 Comments

If a pension plan you serve is considering de-risking, your clients may be well-served if you make sure they are aware that de-risking means more than addressing problems the plan itself may be having — it means that participants may have some decisions to make as a result. READ MORE

By ASPPA Net Staff2/8/2016 • 0 Comments

Wrapping up a first week of February with action on legislation designed to block, slow or thwart the Department of Labor’s (DOL) fiduciary rule, the U.S. Senate finally got into the act with two pieces of legislation. READ MORE

By ASPPA Net Staff2/4/2016 • 0 Comments

The funded status of the pension plans the Standard & Poors (S&P) 500 and 1500 companies sponsor improved in 2015, but since the ball dropped at Times Square things are different. READ MORE

By ASPPA Net Staff2/4/2016 • 0 Comments

The Winter 2016 issue of Plan Consultant magazine, now available on ASPPA Net, marks the start of ASPPA’s 50th anniversary year with a cover story that recaps ASPPA’s first five decades. READ MORE

By ASPPA Net Staff2/4/2016 • 0 Comments

For the second time in a week, an important committee in the U.S. House of Representatives has approved legislation that could undermine the Labor Department’s proposed fiduciary rule. READ MORE

By ASPPA Net Staff2/4/2016 • 0 Comments

Generation X — long overlooked as a generational “middle child” between Boomers and Millennials — is waking up to the realities of retirement savings, according to a new report. READ MORE

By ASPPA Net Staff2/4/2016 • 0 Comments

The latest issue of Employee Plans News, a periodic IRS newsletter, highlights recent developments concerning the IRS Employee Plans Determination Letter Program, as well as links to recent guidance and updated forms and publications. READ MORE

By ASPPA Net Staff2/3/2016 • 0 Comments

The Department of Labor has filed suit against the International Association of Machinists National Pension Fund and its board of trustees, seeking a court order requiring them to restore any losses the fund suffered due to alleged ERISA violations and requiring the fund to implement reforms. READ MORE

By ASPPA Net Staff2/3/2016 • 0 Comments

The common conception that one works and saves for decades and then spends down those savings in retirement is not universally true, argue analysts at Vanguard in a recent study. READ MORE

By ASPPA Net Staff2/3/2016 • 0 Comments

When an employee retires, that’s the end of the connection between the ex-employee and the former employer’s plan. Right? Not necessarily, say researchers at PIMCO. READ MORE

Alisa Wolking

Alisa Wolking

By Alisa Wolking2/3/2016 • 0 Comments

As the Department of Labor (DOL) moves forward with its new fiduciary standard, lawmakers in the U.S. House of Representatives are working on legislation to address concerns that the final DOL proposal will harm access to retirement savings advice. READ MORE