ASPPA

ASPPA

By ASPPA 8/23/2016 • 0 Comments

The Pension Benefit Guaranty Corporation (PBGC) has issued information on how to obtain a pension benefit estimate from the agency. READ MORE

Nevin Adams

Nevin Adams

By Nevin Adams 8/30/2016 • 0 Comments

Millennials (born 1979 to 2000) are the youngest and largest generation in the workforce — and, according to a new survey, they are also a do-it-yourself generation of retirement savers. READ MORE

By Nevin Adams 8/30/2016 • 0 Comments

The first of the suits challenging the Labor Department’s fiduciary regulation got its day in court. READ MORE

By Nevin Adams 8/30/2016 • 0 Comments

A plan sponsor and its recordkeeper are facing a class action for its selection of what are alleged to be target-date funds that charged excessive fees. READ MORE

By Nevin Adams 8/26/2016 • 0 Comments

A new study looks at the benefits of both — and calls into question the conventional wisdom on who benefits most, and how participants should approach those options. READ MORE

By Nevin Adams 8/25/2016 • 0 Comments

The Department of Labor’s (DOL) final rule outlining the circumstances in which state retirement savings programs would not be treated as creating ERISA-covered pension plans is out. READ MORE

By Nevin Adams 8/23/2016 • 0 Comments

A plan trustee and recordkeeper — and a couple of large employers — have been sued for allegedly misusing the float income generated by their plans. READ MORE

By Nevin Adams 8/23/2016 • 0 Comments

Each year Beloit College looks at the cultural touchstones that shape the lives of students about to enter college; it touches on the ways their retirement plans differ from those of their parents. READ MORE

By Nevin Adams 8/22/2016 • 0 Comments

Another broker/dealer has been accused of larding its 401(k) plan menu with investment options from mutual fund families that paid hundreds of millions of dollars to the firm. READ MORE

By Nevin Adams 8/17/2016 • 0 Comments

Another lawsuit has been filed against a multibillion-dollar university retirement plan — but it’s not their 403(b) plan — and the law firm of Schlichter, Bogard & Denton isn’t involved. READ MORE

By Nevin Adams 8/12/2016 • 0 Comments

The nation’s retirement plan coverage gap is a large and growing concern, and — though some of the common wisdom about that gap is out of context — with reason. READ MORE

By Nevin Adams 8/11/2016 • 0 Comments

We’ve heard that financial wellness contributes to physical wellness — but could saving for retirement be an indicator as to who will take steps to improve their health? READ MORE

By Nevin Adams 8/11/2016 • 0 Comments

We’ve heard that financial wellness contributes to physical wellness — but could saving for retirement be an indicator as to who will take steps to improve their health? READ MORE

Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams8/24/2016 • 0 Comments

The IRS has provided a self-certification procedure designed to help recipients of retirement plan distributions who inadvertently miss the 60-day rollover window. READ MORE

By Nevin Adams8/17/2016 • 0 Comments

It’s been not quite 10 years since St. Louis-based law firm of Schlichter, Bogard & Denton launched about a dozen “excessive fee” lawsuits; in the years since then the firm has sharpened their pencils, and their criticism.
READ MORE

Bayza Anteneh

Bayza Anteneh

By Bayza Anteneh8/12/2016 • 0 Comments

Social Security is the last thing on a Millennials’ mind. READ MORE

John Iekel

John Iekel

John Iekel

By John Iekel8/4/2016 • 0 Comments

A recent analysis by the Congressional Budget Office (CBO) takes a look at the PBGC Multiemployer Program's condition and offers suggestions on improving its solvency. READ MORE

David Levine

David Levine

By David Levine8/17/2016 • 0 Comments

Earlier this year it appeared that ERISA litigation was going “off the rails,” and in the past week, a whole new round of lawsuits involving academic institution 403(b) plans has hit the news. READ MORE

Andrew Remo

Andrew Remo

By Andrew Remo8/26/2016 • 0 Comments

Four years after enactment of the California Secure Choice Retirement Savings and Trust Act (S.B. 1234), the California Assembly passed legislation Aug. 25 approving the program’s implementation beginning Jan. 1, 2017. READ MORE

ASPPA Net Staff

ASPPA Net Staff

By ASPPA Net Staff8/30/2016 • 0 Comments

The IRS on Aug. 30 announced a significant relaxation in the restrictions that normally apply to plan loans and hardship distributions to Louisiana flood victims and members of their families. READ MORE

By ASPPA Net Staff8/29/2016 • 0 Comments

Corporate pension underfunding dropped, and funding levels rose last year, the Standard and Poors 500 has reported. READ MORE

By ASPPA Net Staff8/29/2016 • 0 Comments

The White House in a fact sheet it issued on Aug. 25 announced and expressed support for the Department of Labor’s (DOL) final rule on states creating retirement plans, but sentiment is not universally positive. READ MORE

By ASPPA Net Staff8/29/2016 • 0 Comments

Americans’ top financial concern for at least the last 15 years: retirement security. In an Aug. 23 ASPPA webcast, Andrew Remo, Director of Legislative Affairs for the American Retirement Association, discusses state leaders' responses. READ MORE

By ASPPA Net Staff8/26/2016 • 0 Comments

A survey by the Transamerica Center for Retirement Studies finds that Generation X, the first generation to have access to 401(k) plans for the majority of their working careers, is thinking about retirement, though their preparations are still lacking. READ MORE

By ASPPA Net Staff8/26/2016 • 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. The month of August featured the following events. READ MORE

By ASPPA Net Staff8/25/2016 • 0 Comments

The IRS recently issued its 2016-17 Priority Guidance Plan, and it contains an array of goals for projects relevant to retirement plans. READ MORE

By ASPPA Net Staff8/23/2016 • 0 Comments

The IRS on Aug. 23 updated the information it provides to one-participant plan sponsors regarding steps they can take to prevent a qualified retirement plan from becoming an orphan plan. READ MORE

By ASPPA Net Staff8/23/2016 • 0 Comments

Retirement saving this year is at its highest levels in at least half a decade, says a recent study. READ MORE

By ASPPA Net Staff8/23/2016 • 0 Comments

Group pension buyout sales for the second quarter of 2016 amounted to $1.035 billion, LIMRA reports. READ MORE

By ASPPA Net Staff8/22/2016 • 0 Comments

Today’s workforce is more skilled, productive and mobile than ever before — and tomorrow’s will continue the trend; in a Sept. 14 ASPPA webcast three thought leaders will discuss how to meet that challenge. READ MORE

By ASPPA Net Staff8/17/2016 • 0 Comments

A recent report on retirement saving and consumer attitudes toward it contains good news, but also provides fresh proof of changes in the retirement sphere as well as challenges to be faced. READ MORE

By ASPPA Net Staff8/17/2016 • 0 Comments

Plan sponsors are often reluctant to take big steps in making plan changes — but a new participant survey finds that workers would welcome more aggressive defaults. READ MORE

By ASPPA Net Staff8/17/2016 • 0 Comments

You wanted that piece of cake. It looked delicious. But when you took a bite, the flavor was not entirely what you expected. That, according to a recent report, is the experience of some who have availed themselves of adjustments the Department of Labor has made to its final fiduciary rule — they sounded great, but the execution left something to be desired. READ MORE

By ASPPA Net Staff8/16/2016 • 0 Comments

A new report finds that two factors appear to influence defined contribution plan participants’ loan activity. READ MORE

By ASPPA Net Staff8/16/2016 • 0 Comments

The ASPPA Annual Business Meeting will be held on Sunday, Oct. 23, 2016, at 3:00 p.m. during the 2016 ASPPA Annual Conference in National Harbor, Md. READ MORE

By ASPPA Net Staff8/12/2016 • 0 Comments

Research and analysis on how retirees spend their retirement savings varies: some is based on the premise that retirees spend their savings at a constant rate; other research challenges that notion and argues that it’s not quite that simple. READ MORE

By ASPPA Net Staff8/12/2016 • 0 Comments

A recent study suggests that not all employers are in sync with their employees on what seems like it should be a no-brainer. READ MORE

By ASPPA Net Staff8/12/2016 • 0 Comments

There’s a lot of reports about how Millennials aren’t saving, or aren’t saving enough, for retirement — but a new survey tells a different story. READ MORE

By ASPPA Net Staff8/12/2016 • 0 Comments

Burdened by student loans they say are “unmanageable,” Millennials are still managing to save for retirement. READ MORE

By ASPPA Net Staff8/10/2016 • 0 Comments

The IRS has revised the way that user fees are reported concerning applications for determination letters and advisory letters. READ MORE

By ASPPA Net Staff8/10/2016 • 0 Comments

While the 600 pages of new fiduciary regulations were not specifically targeting health savings accounts (HSAs), these health accounts were explicitly identified as subject to the new rules — a new white paper outlines the potential impact(s). READ MORE

By ASPPA Net Staff8/10/2016 • 0 Comments

Lost pension plan participants certainly can complicate plan administration. But they can do more than that, argues benefits attorney Carol Buckmann — they also pose a risk of fresh attention from the federal government. READ MORE

By ASPPA Net Staff8/10/2016 • 0 Comments

David J. Witz argues that technology can serve and assist a TPA in better competing and meeting the challenges changes taking place in the marketplace pose. READ MORE

By ASPPA Net Staff8/10/2016 • 0 Comments

There was a little good news for pension plans regarding their funding percentage in July, at least by one measure. READ MORE

By ASPPA Net Staff8/8/2016 • 0 Comments

The DOL has announced a grant program intended to increase retirement security for low-wage workers — many of whom have never had access to retirement benefits through an employer. READ MORE

By ASPPA Net Staff8/8/2016 • 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 Net Staff8/5/2016 • 0 Comments

In a recent article, Christopher Carosa offers some ideas on what retirement savers should not do when the market hits a valley. READ MORE

By ASPPA Net Staff8/5/2016 • 0 Comments

In the Aug. 23 webcast “Retirement Policy Initiatives in the States: How You Might Be Impacted,” Andrew J. Remo, will give an implementation status update regarding state retirement programs. READ MORE

By ASPPA Net Staff8/5/2016 • 0 Comments

We’ve just expanded the list of documents posted on the ASPPA history website, adding three important publications from the 1970s and 1980s. READ MORE

By ASPPA Net Staff8/5/2016 • 0 Comments

Public pension plans face sobering liabilities, and recently released data provides a look at funding and also where the states stand. READ MORE

By ASPPA Net Staff8/4/2016 • 0 Comments

A recent study argues that long-serving employees may pay a price if their employer opts to move from a DB plan to a DC plan. READ MORE

By ASPPA Net Staff8/4/2016 • 0 Comments

There is qualified good news for retirement plans based on results concerning second quarter and July performance, according to two recent analyses. READ MORE

By ASPPA Net Staff8/3/2016 • 0 Comments

The IRS has updated the information concerning compliance statements it issues to plan sponsors after they reach an agreement with the IRS on correction of plan failures disclosed in voluntary correction program (VCP) submissions. READ MORE

By ASPPA Net Staff8/3/2016 • 0 Comments

The IRS has updated the information it provides concerning making voluntary corrections when a plan has failed to make required minimum distributions (RMDs) to participants and beneficiaries. READ MORE

By ASPPA Net Staff8/2/2016 • 0 Comments

Even a retirement plan whose administrators and sponsors strive to keep in compliance with laws and regulations can be audited; experts in a recent series of interviews offer tips on how to be ready. READ MORE

By ASPPA Net Staff8/2/2016 • 0 Comments

A couple of large advisory firms have put a public price tag on the costs of their compliance with the Department of Labor’s (DOL) fiduciary regulation. READ MORE

By ASPPA Net Staff8/2/2016 • 0 Comments

Worries about retirement are adding to the stress of already financially stressed workers — who don’t seem to be doing anything about it. READ MORE

Michael Webb

Michael Webb

By Michael Webb8/29/2016 • 0 Comments

A longevity annuity contract (LAC) is an annuity that begins payments at an advanced age; quite different than the more typical type of retirement plan annuitization option. READ MORE