Nevin Adams

Nevin Adams

By Nevin Adams 3/29/2018 • 0 Comments

An industry trade group has settled its lawsuit against the Oregon Retirement Savings Board (ORSB) – but the issue raised wouldn’t seem to be settled yet. READ MORE

By Nevin Adams 3/27/2018 • 0 Comments

An appeal of a decision supporting the Department of Labor’s (DOL) fiduciary rule won’t have its day in court, after all. READ MORE

By Nevin Adams 3/26/2018 • 0 Comments

A suit against third-party administrator Vantage Benefit Administrators has been amended to include another party alleged to be complicit in the theft of money from a number of retirement plans. READ MORE

By Nevin Adams 3/19/2018 • 0 Comments

The industry may be wondering what’s next in the wake of last week’s federal court decision vacating the fiduciary rule — but, for now anyway, the DOL says it is taking a pause. READ MORE

By Nevin Adams 3/16/2018 • 0 Comments

While it’s hardly a new topic, the subject of missing participants is much in the news today — and arguably a growing concern for plan sponsors, particularly with the expansion of automatic enrollment. READ MORE

By Nevin Adams 3/16/2018 • 0 Comments

The Labor Department finally came up short in federal court — but trade industry headlines notwithstanding, like Mark Twain, the rumors of the fiduciary rule’s “demise” might be a bit premature. READ MORE

By Nevin Adams 3/15/2018 • 0 Comments

The fiduciary rule kept its winning streak intact in the first ruling by a federal appellate court. READ MORE

By Nevin Adams 3/14/2018 • 0 Comments

The IRS has responded to the American Retirement Association’s comment letter on the significant changes to the pricing structure for the Voluntary Compliance Program (VCP) — but it’s not very responsive. READ MORE

By Nevin Adams 3/12/2018 • 0 Comments

Last fall, the FBI raided the offices of Vantage Benefits Administrators “amid concerns that money may be missing from retirement accounts the company manages.” Lawsuits brought by plans affected by the fraud now shed light on what went on. READ MORE

By Nevin Adams 3/9/2018 • 0 Comments

There’s a new proposal being floated that proponents say would “increase retirement income security and reform Social Security.” And yes, a mandate is involved. READ MORE

John Iekel

John Iekel

By John Iekel 3/28/2018 • 0 Comments

Did the 5th Circuit ruling that vacated the fiduciary rule really kill the rule? A recent analysis of the ruling discusses its possible effects. READ MORE

By John Iekel 3/28/2018 • 0 Comments

The 5th Circuit’s ruling in Chamber of Commerce et.al. v. U.S. Dept. of Labor vacating the DOL fiduciary rule was a win for opponents of the rule — or was it? READ MORE

By John Iekel 3/28/2018 • 0 Comments

The DOL Advisory Council on Employee Welfare and Pension Benefit Plans’ latest report centers on one overarching theme: simplifying plan disclosures to participants and beneficiaries. READ MORE

By John Iekel 3/27/2018 • 0 Comments

A recent DOL report confirms that DC plans have long been advancing at the expense of defined benefit plans, but also shows surprising vitality among DB plans. READ MORE

By John Iekel 3/26/2018 • 0 Comments

Plans that are abandoned or have missing participants make plan administration a lot more complicated. A recent ASPPA webcast addressed those unwelcome situations. READ MORE

By John Iekel 3/21/2018 • 0 Comments

There is still some time to make a contribution to an IRA and be able to claim it on a 2017 tax return — but not much. READ MORE

By John Iekel 3/20/2018 • 0 Comments

The Washington State Department of Commerce has launched the state’s Retirement Marketplace, a virtual marketplace that offers low-cost retirement savings plans to businesses with fewer than 100 employees. READ MORE

By John Iekel 3/19/2018 • 0 Comments

There may not be much guidance on how to avoid breaking plan administration rules, but you’re not helpless; a recent blog entry offers suggestions about what to do about and before a DOL investigation. READ MORE

By John Iekel 3/16/2018 • 0 Comments

The IRS on March 16 issued Revenue Procedure 2018-21, which modifies its procedures for issuing opinion and advisory letters for pre-approved master and prototype and volume submitter plans. READ MORE

By John Iekel 3/15/2018 • 0 Comments

The IRS has issued a reminder that the retirement plan participants and holds of IRAs and IRA-based plans who attained age 70½ during 2017 must starting receiving RMDs by April 1. READ MORE

By John Iekel 3/15/2018 • 0 Comments

The IRS on March 14 announced that it is retroactively cutting the user fee involved in using Form 5310, Application for Determination for Terminating a Plan. READ MORE

By John Iekel 3/15/2018 • 0 Comments

A recent blog post argues that it is wise for plan fiduciaries to be aware of the importance of plan documents in meeting their fiduciary duties. READ MORE

By John Iekel 3/14/2018 • 0 Comments

The Joint Select Committee on Solvency of Multiemployer Pension Plans held its first meeting, an organizational business meeting to consider committee rules, on March 14. READ MORE

By John Iekel 3/12/2018 • 0 Comments

The PBGC has proposed a rule that would conform its regulations to changes in the phase-in rules for owner-participants under the Pension Protection Act of 2006. READ MORE

By John Iekel 3/12/2018 • 0 Comments

The PBGC provides a listing by state of the number of retirees to whom it provided benefits in 2017, as well as how much it provided; it breaks down state data on recipients and benefits paid by congressional district as well. READ MORE

By John Iekel 3/9/2018 • 0 Comments

The DOL’s Employee Benefit Security Administration argues that audits, unwelcome though they may be, actually can be beneficial for a plan. READ MORE

By John Iekel 3/9/2018 • 0 Comments

A recent GAO study examines the challenges plan administrators face when dealing with lost plan participants and reporting foreign retirement savings, and reviews steps federal agencies might take to help. READ MORE

By John Iekel 3/9/2018 • 0 Comments

The IRS on March 9 said that it plans to issue opinion and advisory letters for certain master and prototype and volume submitter DB plans that were restated for changes in plan qualification requirements. READ MORE

By John Iekel 3/7/2018 • 0 Comments

Major employers are among those that have increased their retirement benefits in the wake of the enactment of the Tax Cuts and Jobs Act (TCJA), according to a recent report. READ MORE

By John Iekel 3/7/2018 • 0 Comments

The IRS on March 2 issued an updated version of Publication 575, “Pension and Annuity Income.” It is to be used in preparing 2017 income tax returns. READ MORE

By John Iekel 3/7/2018 • 0 Comments

Senate Majority Leader Mitch McConnell (R-KY) in remarks on the Senate floor on March 6 cited increased retirement benefits as one of the results of enacting the Tax Cuts and Jobs Act of 2017. READ MORE

By John Iekel 3/5/2018 • 0 Comments

Pension de-risking is increasingly widespread, according to a new a study commissioned by the PBGC Participant and Plan Sponsor Advocate; it also looks at explanations. READ MORE

By John Iekel 3/5/2018 • 0 Comments

A recent analysis discusses the importance of plan monitoring and offers tips and ideas on designing a process and procedures for monitoring the way a plan and its funds are managed. READ MORE

By John Iekel 3/2/2018 • 0 Comments

Sens. Mitch McConnell (R-KY) and Charles Schumer (D-NY) have named the Republicans and Democrats from the Senate who will serve on the Joint Select Committee on the Solvency of Multiemployer Pension Plans. READ MORE

By John Iekel 3/1/2018 • 0 Comments

Sen. Orrin Hatch (R-UT) on March 1 outlined some of the effects the new tax reform law had on retirement plans and their participants. He made his remarks at an American Enterprise Institute event concerning the law's impact. READ MORE

Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams3/15/2018 • 0 Comments

Another state-run IRA retirement plan for private sector workers is gearing up to go live. READ MORE

By Nevin Adams3/5/2018 • 0 Comments

The PSCA recently released its 60th Annual Survey of Profit-Sharing and 401(k) Plans; key trends it found include increases in participation, deferral rates, target-date funds and automatic enrollment. READ MORE

Joseph Caruso

Joseph Caruso

By Joseph Caruso3/26/2018 • 0 Comments

Wyoming Gov. Matthew H. Mead (R) has signed a bill creating a task force to study the state’s retirement preparedness and retirement savings programs — and the possibility of creating a state-run retirement plan for private-sector workers. READ MORE

By Joseph Caruso3/21/2018 • 0 Comments

For the moment, anyway, the Old Line State has stepped back crossing a line that would have established its own fiduciary rule. READ MORE

Ted Godbout

Ted Godbout

By Ted Godbout3/28/2018 • 0 Comments

Since 2009, total 401(k) plan costs have decreased whether measured on a plan-, participant- or asset-weighted basis, according to a recent report. READ MORE

By Ted Godbout3/26/2018 • 0 Comments

Given recent attention and lack of formal guidance on missing participants, there are increasing calls for the government to formally address how far plan sponsors need to go to find them. READ MORE

By Ted Godbout3/23/2018 • 0 Comments

Many would argue that comparing the returns of DB and DC plans is not an apples-to-apples analysis; nonetheless a new report examines DB and DC plan performance. READ MORE

By Ted Godbout3/15/2018 • 0 Comments

While the majority of HSA account holders are spenders, a new report indicates a potential shift in the saver/spender trend, as more employees express concern with health care costs in retirement. READ MORE

By Ted Godbout3/1/2018 • 0 Comments

While still making the most of what they can in today’s market, institutional investors have been bracing for the impact of renewed market volatility,acting to diversify and construct durable portfolios, say new survey findings. READ MORE

John Iekel

John Iekel

John Iekel

By John Iekel3/29/2018 • 0 Comments

The Department of Labor’s (DOL) fiduciary rule may be on hold indefinitely, but that doesn’t mean that fiduciary duties similarly are in limbo. A recent blog entry offers some tips for meeting them. READ MORE

Kenneth Marblestone

Kenneth Marblestone

By Kenneth Marblestone3/28/2018 • 0 Comments

Sign up now for the 2018 ASPPA Eastern Regional Conference to take advantage of the extended Early Bird registration rate, which is now available until April 3. READ MORE

Brent Neese

Brent Neese

By Brent Neese3/20/2018 • 0 Comments

The NTSA is pleased to unveil the NTSA Advocacy and Resource (ARC), a member-only website featuring an interactive 403(b)/457 plan industry advocacy map of the United States, with detailed summaries for each state. READ MORE

Andrew Remo

Andrew Remo

By Andrew Remo3/16/2018 • 0 Comments

For the first time, the Retirement Enhancement and Savings Act (RESA) has gotten some traction in the U.S. House of Representatives — and on a bipartisan basis. READ MORE

By Andrew Remo3/9/2018 • 0 Comments

In a rare moment of bipartisan cooperation, the Senate Finance Committee leaders — Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) — have reintroduced the Retirement Enhancement and Savings Act. READ MORE

Suzanne Smith

Suzanne Smith

By Suzanne Smith3/13/2018 • 0 Comments

If you have a plan administration problem or you are wondering if there is a better way to resolve a plan issue, the “Ask the Experts” session at the upcoming ASPPA Eastern Regional Conference is for you! READ MORE

ASPPA Net Staff

ASPPA Net Staff

By ASPPA Net Staff3/28/2018 • 0 Comments

The 5th Circuit Court of Appeals recently “vacated” the DOL’s fiduciary rule and exemptions. Fred Reish discusses what that means for recommendations to participants that they take plan distributions and roll them over to IRAs. READ MORE

By ASPPA Net Staff3/23/2018 • 0 Comments

The 2018 ASPPA Eastern Regional Conference, which will be held in Philadelphia on April 26-27, has been designed to educate retirement plan practitioners of all types and levels of experience on the latest developments in our industry. READ MORE

By ASPPA Net Staff3/20/2018 • 0 Comments

Employers are taking steps to improve the financial well-being of their workforces — but there’s evidence that some of their efforts could actually be creating more financial stress for workers. READ MORE

By ASPPA Net Staff3/16/2018 • 0 Comments

New research suggests that the best ways of motivating participant behaviors differ depending on whether the plan relies on voluntary or automatic enrollment. READ MORE

By ASPPA Net Staff3/7/2018 • 0 Comments

The ASPPA Eastern Regional Conference, to be held in Philadelphia April 26-27, will include a session, “Ethics — Case Studies for Professionals” that will focus on member requirements. READ MORE

By ASPPA Net Staff3/5/2018 • 0 Comments

Legislation has been introduced to address the proliferation of small accounts its sponsors say costs Americans billions of dollars every year in lost savings because of cash-outs and redundant fees — and lost savings from missing accounts. READ MORE

By ASPPA Net Staff3/5/2018 • 0 Comments

The first of the state-run retirement IRA programs for private sector workers to come online has topped the million-dollar asset threshold. READ MORE

By ASPPA Net Staff3/5/2018 • 0 Comments

The American Retirement Association (ARA) has lent its support to a Department of Labor (DOL) proposal on Association Health Plans — and offered a couple of recommendations as well. READ MORE

By ASPPA Net Staff3/5/2018 • 0 Comments

A new study finds that those who use both health savings accounts and 401(k)s save more — not just in total, but also in the 401(k)s alone. READ MORE

By ASPPA Net Staff3/1/2018 • 0 Comments

Among the “myths” surrounding the fiduciary rule is that the rule will not be enforced during the transition period. But that’s not the whole story, Fred Reish notes in a recent blog post. READ MORE

By ASPPA Net Staff3/1/2018 • 0 Comments

The IRS has issued revised versions of Form 8915A, Qualified 2016 Disaster Retirement Plan Distributions and Repayments. READ MORE