Nevin Adams

Nevin Adams

By Nevin Adams 3/29/2017 • 0 Comments

Having put its proposed extension of the applicability date out for public comment, the DO has submitted its final rule to the Office of Management and Budget for review. READ MORE

By Nevin Adams 3/28/2017 • 0 Comments

Plan fiduciaries largely lost their attempt to dismiss charges filed by plan participants in an excessive fee suit brought by the St. Louis-based law firm of Schlichter, Bogard & Denton. READ MORE

By Nevin Adams 3/26/2017 • 0 Comments

Plaintiffs seeking an emergency injunction in federal court against the implementation of the fiduciary regulation got a quick answer. READ MORE

By Nevin Adams 3/13/2017 • 0 Comments

The Department of Labor has outlined its approach to enforcement of the fiduciary regulation if the April 10 applicability date for the fiduciary regulation isn’t delayed (before April 10). READ MORE

By Nevin Adams 3/10/2017 • 0 Comments

Plan fiduciaries — and those who advise them — would be well advised to make sure their fiduciary houses are in order before a potential “fender bender” becomes something much worse. READ MORE

By Nevin Adams 3/8/2017 • 0 Comments

With about another week to go, the DOL has gotten a number of comments on its proposal to delay the fiduciary regulation’s April 10 applicability date — but perhaps not the kinds of comments one might expect. READ MORE

By Nevin Adams 3/3/2017 • 0 Comments

Study after study shows that when given the opportunity to save in a workplace retirement plan, Americans do just that — but reports of a new study claim that only a third are saving money in an employer-sponsored or tax-deferred retirement account. READ MORE

Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams3/27/2017 • 0 Comments

With health care reform off the table (at least for the moment), Congress will now turn to… tax reform. READ MORE

By Nevin Adams3/26/2017 • 0 Comments

The headlines may not be about the things that are likely to get plans and plan sponsors in trouble. Here are seven that are more likely to gum up the works. READ MORE

By Nevin Adams3/22/2017 • 0 Comments

The fiduciary regulation wasn’t a big focus of the hearing on Alexander Acosta’s nomination as Secretary of Labor — but it did come up. READ MORE

By Nevin Adams3/15/2017 • 0 Comments

A group of plaintiffs in the fiduciary regulation litigation have petitioned the court to maintain the status quo pending their appeal. READ MORE

By Nevin Adams3/13/2017 • 0 Comments

The future is uncertain, and planning for uncertainty inevitably involves making assumptions. Here are six that, done improperly, can wreck your retirement. READ MORE

By Nevin Adams3/1/2017 • 0 Comments

The Labor Department is proposing to extend the applicability date of the fiduciary regulation by a mere 60 days — while taking (just) the next 15 days to collect comments on that proposal. But that’s not all. READ MORE

Sheri Alsguth

Sheri Alsguth

By Sheri Alsguth3/30/2017 • 0 Comments

The ASPPA Women Business Leaders Forum will include a panel of experts that will discuss technology issues, what the indicators of a successful remote worker are and integration of remote workers with the “home office” team. READ MORE

Megan Crawford

Megan Crawford

By Megan Crawford3/22/2017 • 0 Comments

Join us June 5-8 in Denver for the Women Business Leaders Forum! Back by popular demand this year: Shari Harley of Candid Culture. READ MORE

Shannon Edwards

Shannon Edwards

By Shannon Edwards3/6/2017 • 0 Comments

June 5-8, 2017, the ASPPA Women Business Leaders Forum will be held in Denver, CO, a gathering of some of the best, brightest and most innovative women business owners and managers in the compliance consulting and retirement plan service industry. READ MORE

Brian Graff

Brian Graff

By Brian Graff3/30/2017 • 0 Comments

A close examination of the Tax Reform Blueprint issued in July 2016 by the Republican leadership in the House of Representatives is critical since it will be driving the tax reform process in 2017, at least initially. READ MORE

Ray Harmon

Ray Harmon

Ray Harmon

By Ray Harmon3/28/2017 • 0 Comments

More than 50 bills will be heard for the first time in the Illinois House Personnel and Pensions Committee on March 30; they include measures that would affect state and local retirement plans. READ MORE

By Ray Harmon3/24/2017 • 0 Comments

On March 22, while Alexander Acosta faced his confirmation grilling in the Senate, the ERISA Advisory Council had its first meeting of the Trump administration era, setting its 2017 agenda. READ MORE

Craig Hoffman

Craig Hoffman

Craig Hoffman

By Craig Hoffman3/10/2017 • 0 Comments

The upcoming ASPPA Eastern Regional Conference will address hardship distributions and documentation that must be received and maintained to justify making them, as well as recent IRS activity related to them.

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John Iekel

John Iekel

John Iekel

By John Iekel3/27/2017 • 0 Comments

There is a disconnect between knowing one should be ready for retirement and actually being so. But recent research on the subject contains good news, too. READ MORE

By John Iekel3/17/2017 • 0 Comments

Some plan fiduciaries contend that passively managed funds allow one to avoid ERISA liability. But a recently released white paper suggests they are not a panacea. READ MORE

By John Iekel3/17/2017 • 0 Comments

Public-sector pension plans in the United States face many challenges. But a recent paper suggests that how accounting rules are applied is relevant to how their condition is approached. READ MORE

By John Iekel3/13/2017 • 0 Comments

Not all of the reaction to the DOL fiduciary rule has been negative; some firms have been actively applying the rule before it is fully applicable and they must do so. READ MORE

By John Iekel3/10/2017 • 0 Comments

It bears repeating that cybersecurity is a big concern — and especially in the context of retirement plans. READ MORE

By John Iekel3/6/2017 • 0 Comments

A TPA can build an engaged workforce in different ways: One is to offer an ESOP, and another is to be part of a multiple employer plan. Here’s a look at two TPAs that chose those paths. READ MORE

By John Iekel3/6/2017 • 0 Comments

Drains on retirement income abound. That’s natural in the course of daily life. But one of them — long-term disability — is largely unheralded, despite its being less than rare, argues a recent analysis. READ MORE

Andrew Ledewitz

Andrew Ledewitz

By Andrew Ledewitz3/22/2017 • 0 Comments

Tax-exempts, governmental employers and churches, and their retirement plan options, will be among the topics addressed at the ASPPA Eastern Regional Conference to be held April 27-28 in Philadelphia. READ MORE

Leigh Lewis

Leigh Lewis

By Leigh Lewis3/15/2017 • 0 Comments

The ASPPA Women Business Leaders Forum is being held on June 5-8 in Denver, CO at the beautiful Brown Palace, and it will include a session led by John Formica. READ MORE

Andrew Remo

Andrew Remo

By Andrew Remo3/30/2017 • 0 Comments

The U.S. Senate has passed a Congressional Review Act resolution that would block the Obama-era DOL rule that defined the terms under which cities and counties could create IRA plans that automatically enroll private-sector workers whose employers do not offer a retirement plan. READ MORE

ASPPA Net Staff

ASPPA Net Staff

By ASPPA Net Staff3/31/2017 • 0 Comments

Alexander Acosta, President Trump’s nominee to head the Labor Department, was approved March 30 by the Senate Health, Education, Labor and Pensions (HELP) Committee. The full Senate will now vote on his nomination, though a date has not yet been set. READ MORE

By ASPPA Net Staff3/30/2017 • 0 Comments

For many, there is a disparity between anticipated retirement income and expenses during retirement. A recent blog post argues that a disparity between the availability of retirement plans and participation in them is behind it. READ MORE

By ASPPA Net Staff3/30/2017 • 0 Comments

The DOL fiduciary rule could be on hold. But no matter what its fate — applied at last or on hold — it is and will be no less important to be mindful of fiduciary status. READ MORE

By ASPPA Net Staff3/30/2017 • 0 Comments

A recent blog post posits that there is a hierarchy to competing financial concerns, and understanding that hierarchy can help one to better — and more effectively — prepare for and finance retirement. READ MORE

By ASPPA Net Staff3/30/2017 • 0 Comments

The IRS has released its fiscal year (FY) 2016 Data Book, a compilation of data about IRS activities and functions. The data shows the effects of the termination of the IRS providing assistance by email. READ MORE

By ASPPA Net Staff3/30/2017 • 0 Comments

The IRS is seeking comments on Form 5306-A, Application for Approval of Prototype Simplified Employee Pension (SEP) or Savings Incentive Match Plan for Employees of Small Employers (SIMPLE IRA Plan. READ MORE

By ASPPA Net Staff3/30/2017 • 0 Comments

The ASPPA Regional Conferences offer a great opportunity for ASPPA members to learn the latest industry trends and earn Continuing Education credits. This year, the regional conferences are scheduled for Philadelphia and Cincinnati. READ MORE

By ASPPA Net Staff3/28/2017 • 0 Comments

The IRS in Announcement 2017-4 has provided relief from certain excise taxes under Section 4975 and any related reporting requirements, consistent with DOL Field Assistance Bulletin 2017-01. READ MORE

By ASPPA Net Staff3/28/2017 • 0 Comments

The IRS will be holding a webinar on Minimum Present Value Requirements for DB Plans, and wants input on what topics it will address and what questions it should answer. READ MORE

By ASPPA Net Staff3/27/2017 • 0 Comments

Cybersecurity is a special concern for the financial industry, but its importance goes well beyond the integrity of clients’ and plan participants’ sensitive information — it pervades inter-corporate business functions as well. READ MORE

By ASPPA Net Staff3/26/2017 • 0 Comments

A recent Morningstar report suggests that the costs of the fiduciary rule — including class action lawsuits — could be underestimated. READ MORE

By ASPPA Net Staff3/26/2017 • 0 Comments

The IRS has issued a reminder concerning how to pay the correct user fees for voluntary correction program (VCP) submissions because the number of VCP submissions with incorrect user fees has increased. READ MORE

By ASPPA Net Staff3/23/2017 • 0 Comments

Bipartisan legislation has been introduced in the House and the Senate to make it easier for small businesses to offer retirement plans — or at least to file Form 5500. READ MORE

By ASPPA Net Staff3/23/2017 • 0 Comments

The Senate Health, Education, Labor and Pensions (HELP) Committee will vote on Alexander Acosta, President Trump’s nominee to serve as Secretary of Labor, on March 30. READ MORE

By ASPPA Net Staff3/22/2017 • 0 Comments

The Government Accounting Standards Board has issued an omnibus statement that addresses a variety of accounting and financial reporting issues. including some related to retirement plans. READ MORE

By ASPPA Net Staff3/22/2017 • 0 Comments

State and local governments’ defined benefit assets ended 2016 and its 4th quarter on a positive note, according to the Federal Reserve, READ MORE

By ASPPA Net Staff3/17/2017 • 0 Comments

Workplace retirement plans are often, and rightfully, designed to help workers get to retirement — but why stop there? READ MORE

By ASPPA Net Staff3/17/2017 • 0 Comments

A new survey seeks to gauge how much American workers know about several key retirement questions. READ MORE

By ASPPA Net Staff3/17/2017 • 0 Comments

The Financial Accounting Standards Board (FASB) issued new guidance improving the presentation of net periodic pension cost and net periodic postretirement benefit cost.

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By ASPPA Net Staff3/17/2017 • 0 Comments

A new tax reform proposal has surfaced that would impose a 15% tax on retirement accounts. READ MORE

By ASPPA Net Staff3/17/2017 • 0 Comments

The Pension Benefit Guaranty Corporation (PBGC) has released the first installment of its 2015 Data Book. READ MORE

By ASPPA Net Staff3/16/2017 • 0 Comments

The IRS has issued a reminder that the window for contributing to an IRA for 2016 is fast approaching, as is the deadline by which those with traditional IRAs must begin receiving distributions after achieving age 70½. READ MORE

By ASPPA Net Staff3/16/2017 • 0 Comments

The American Retirement Association Government Affairs Committee has filed comments with the Department of Labor regarding a proposed regulation to extend the applicability date for the “Conflicted Advice” regulation by 60 days. READ MORE

By ASPPA Net Staff3/13/2017 • 0 Comments

The Senate Health, Education Labor & Pensions (HELP) Committee has delayed Labor Secretary nominee R. Alexander Acosta’s confirmation hearing another week. READ MORE

By ASPPA Net Staff3/10/2017 • 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 Staff3/9/2017 • 0 Comments

The IRS has expanded the applicability of the examination guidelines relevant to hardship distributions from 401(k)s. READ MORE

By ASPPA Net Staff3/9/2017 • 0 Comments

The PBGC and the Sears Holding Corporation have reached a new agreement to protect Sears’ two pension plans. READ MORE

By ASPPA Net Staff3/8/2017 • 0 Comments

President Trump’s nominees for Labor Secretary and SEC Chairman finally have hearing dates. READ MORE

By ASPPA Net Staff3/8/2017 • 0 Comments

Interest in pension risk transfer grew markedly in just two years, says a recent report. READ MORE

By ASPPA Net Staff3/8/2017 • 0 Comments

Much of the preparation for the Labor Department’s fiduciary regulation has involved a focus on rollover advice — but it now looks like the SEC is gearing up a larger focus as well. READ MORE

By ASPPA Net Staff3/7/2017 • 0 Comments

The Securities and Exchange Commission’s Acting Chairman Michael Piwowar is,no fan of the DOL’s fiduciary rule, and recent reports say he also advocates rethinking a fiduciary standard, period. READ MORE

By ASPPA Net Staff3/7/2017 • 0 Comments

Federal regulations designed to help facilitate the formation of state-run retirement plans for private sector workers look more vulnerable now. READ MORE

By ASPPA Net Staff3/6/2017 • 0 Comments

FINRA fines shattered a record last year — and, according to a recent analysis, compliance officers are increasingly finding themselves in FINRA’s crosshairs. READ MORE

By ASPPA Net Staff3/3/2017 • 0 Comments

A recent blog post by Fred Reish looks at how the recent FAQs on the DOL's fiduciary regulation approach free-meal seminars. READ MORE

By ASPPA Net Staff3/3/2017 • 0 Comments

The so-called “Trump bump” looks to be bringing good news to those 401(k) balances. READ MORE

By ASPPA Net Staff3/3/2017 • 0 Comments

Though a recent survey suggests that while most workers expect their retirement plan returns will continue to match past experience, they could be well off the mark. READ MORE

By ASPPA Net Staff3/3/2017 • 0 Comments

There’s strong support for employer involvement in facilitating retirement saving. Not only that, a healthy majority of workers at employers that do not offer a retirement plan would save for retirement if they were given access to a plan, says a recent study. READ MORE

By ASPPA Net Staff3/1/2017 • 0 Comments

The IRS has updated the Operational Compliance List, its latest move to apply Revenue Procedure (Rev. Proc.) 2016-37, which changed the determination letter application program. READ MORE