Nevin Adams

Nevin Adams

By Nevin Adams 4/27/2018 • 0 Comments

Three states have now entered the fiduciary rule litigation arena, claiming that they “can no longer rely on DOL to adequately represent their interests.” READ MORE

By Nevin Adams 4/19/2018 • 0 Comments

Despite the 4-1 vote by the SEC to release for public comment its fiduciary proposals, the commissioners apparently (still) have issues with the current version. READ MORE

By Nevin Adams 4/13/2018 • 0 Comments

Consider the statistics on retirement need calculations, retirement realities and the extent to which Americans have done any kind of calculation regarding the income they’ll need to live on in retirement. READ MORE

By Nevin Adams 4/12/2018 • 0 Comments

Scottrade wants to make a federal case out of an administrative proceeding filed by Massachusetts alleging violations of internal policies adopted in anticipation of the Labor Department’s fiduciary rule. READ MORE

By Nevin Adams 4/12/2018 • 0 Comments

The Securities and Exchange Commission has announced plans for an open meeting to consider the agency’s long-awaited — and much anticipated — fiduciary proposal. READ MORE

By Nevin Adams 4/3/2018 • 0 Comments

One of the first university 403(b) cases to be filed has had most of its motions to dismiss denied in the U.S. District Court for the District of Connecticut. READ MORE

John Iekel

John Iekel

By John Iekel 4/30/2018 • 0 Comments

Private-sector defined benefit plans made “significant” funding improvements in 2017, say recent studies, and the good news doesn’t stop there. READ MORE

By John Iekel 4/27/2018 • 0 Comments

The U.S. Court of Appeals for the 8th Circuit has upheld a ruling by the U.S. Tax Court that a DB plan sponsor owed excise taxes and additions to tax related to its operation of the plan. READ MORE

By John Iekel 4/26/2018 • 0 Comments

The Maryland Small Business Retirement Savings Program and Trust, which provides retirement plan coverage for employees in the Old Line State whose employers do not offer retirement plans, now has an executive director and CEO. READ MORE

By John Iekel 4/24/2018 • 0 Comments

The Illinois Secure Choice Savings Program is now being tested by employers that volunteered to participate in a pilot program, Illinois State Treasurer Michael W. Frerichs (D) has announced. READ MORE

By John Iekel 4/23/2018 • 0 Comments

A recent analysis offers a fresh take on how to motivate individuals to save for retirement: wed technology and behavioral economics. READ MORE

By John Iekel 4/18/2018 • 0 Comments

A majority of U.S. investors have not calculated how much income they will need while they are retired and how much their retirement accounts will generate for them, says a recent study. READ MORE

By John Iekel 4/17/2018 • 0 Comments

The PBGC on April 17 announced that minor changes to its standard and distress termination forms and instructions have been approved by the Office of Management and Budget. READ MORE

By John Iekel 4/17/2018 • 0 Comments

Longevity generally is increasing. But some of those rays of golden sunshine can be clouded due to the instability of the retirement saving atmosphere. A recent blog entry offers some ideas on how those clouds may be dispelled. READ MORE

By John Iekel 4/13/2018 • 0 Comments

Panelists shared their perspectives on the importance of lifetime income options and ways to enhance their availability at the recent Enrolled Actuaries Meeting held in Washington, DC. READ MORE

By John Iekel 4/13/2018 • 0 Comments

On April 11 at the Enrolled Agents Meeting held in Washington, DC, PBGC officials discussed compliance issues regarding single-employer plans, with a focus on late filings and missing participants. READ MORE

By John Iekel 4/11/2018 • 0 Comments

The IRS and Treasury Department are “making progress” on guidance regarding missing participants, according to a panelist at an April 11 session of the Enrolled Actuaries meeting held in Washington, DC. READ MORE

By John Iekel 4/6/2018 • 0 Comments

Recent discussions about 401(k) loans look at the scale of the practice, the consequences and what a plan may consider concerning a policy for them.
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By John Iekel 4/6/2018 • 0 Comments

The PBGC has issued its updated Pension Insurance Data Books and Tables; they now contain information from 2016. READ MORE

By John Iekel 4/5/2018 • 0 Comments

A majority of U.S. workers hold debt in addition to their mortgages, and that’s a problem regarding financial security during retirement, says a recent study. READ MORE

By John Iekel 4/5/2018 • 0 Comments

The IRS is requesting comments on the potential expansion of the scope of the determination letter program for individually designed plans during the 2019 calendar year. READ MORE

By John Iekel 4/5/2018 • 0 Comments

The PBGC issued guidance on April 3 to assist multiemployer pension plans that request its review of alternative plan rules for satisfying employer withdrawal liability. READ MORE

By John Iekel 4/4/2018 • 0 Comments

The ARA on April 4 filed a comment letter with the IRS to recommend modifications to EPCRS that would expand the use of the SCP and reduce the burden the VCP’s new pricing structure imposes on small business plans. READ MORE

Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams4/29/2018 • 0 Comments

Sometimes the hype surrounding a new blockbuster is so compelling that it builds up expectations beyond the reality; doubtless that was the sense of many in reading the Best Interest Regulation proposal published by the SEC. READ MORE

By Nevin Adams4/25/2018 • 0 Comments

While reiterating some long-standing positions on socially responsive investing, the DOL has some new cautions about an ESG emphasis in plan design and proxy voting. READ MORE

By Nevin Adams4/6/2018 • 0 Comments

The title of a new report by the Society of Actuaries asks if we should be concerned about retirement adequacy; the report's authors appear to say that it depends. READ MORE

Ted Godbout

Ted Godbout

By Ted Godbout4/29/2018 • 0 Comments

Leading ERISA legal minds believe the SEC’s proposals to establish new standards of conduct for broker-dealers and investment advisers still need a lot of work. READ MORE

By Ted Godbout4/29/2018 • 0 Comments

A new study examines how the largest generation in the current U.S. workforce envisions progress over the next 50 years. READ MORE

By Ted Godbout4/27/2018 • 0 Comments

Fearing that the current administration will not defend the fiduciary rule, AARP on April 26 filed a motion to intervene, seeking an en banc review of a divided panel ruling by the U.S. Court of Appeals for the 5th Circuit. READ MORE

By Ted Godbout4/25/2018 • 0 Comments

Speculation continues to swirl on whether the Department of Labor will appeal the ruling by the 5th U.S. Circuit Court of Appeals vacating the fiduciary rule, but time is running short. READ MORE

By Ted Godbout4/23/2018 • 0 Comments

New survey results show that a significant majority of 401(k) consultants support additional services in DC plans. READ MORE

By Ted Godbout4/18/2018 • 0 Comments

Recent market volatility and doubts about how long the bull market will last has increased demand for alternative investments strategies, according to a recent survey of institutional investors. READ MORE

By Ted Godbout4/13/2018 • 0 Comments

Enactment of the Retirement Enhancement and Savings Act would encourage employers to offer DC plans and to expand access to various retirement savings options, panelists at a Capitol Hill retirement policy forum suggested. READ MORE

By Ted Godbout4/13/2018 • 0 Comments

As workers become more highly mobile, and frequently change jobs and homes, the task of finding missing plan participants can be a time-consuming and difficult process for plan sponsors. READ MORE

By Ted Godbout4/12/2018 • 0 Comments

New York State’s Attorney General reached agreement with several large mutual fund firms to make information relating to their actively managed equity funds readily accessible and is calling on others to follow suit. READ MORE

By Ted Godbout4/6/2018 • 0 Comments

Twenty years after the last major IRS overhaul, key members of Congress believe the agency is long overdue for a makeover and needs to return to its “service first” mission. READ MORE

By Ted Godbout4/6/2018 • 0 Comments

Not only do individual account assets make up a large part of their owners' financial assets, but those with individual accounts have much higher net worth than those without them, says EBRI. READ MORE

By Ted Godbout4/3/2018 • 0 Comments

The Empire State is moving forward with its own voluntary retirement savings program for employees who are not offered a plan through their employer. READ MORE

Brian Graff

Brian Graff

By Brian Graff4/26/2018 • 0 Comments

The 21st Century is nearly two decades old — so why are we still relying on 17th Century technology for critical participant communications? READ MORE

Peter Gulia

Peter Gulia

By Peter Gulia4/6/2018 • 0 Comments

If you’re “on the fence” about whether to commit your time, don’t hesitate to register for ASPPA’s Eastern Regional Conference. READ MORE

John Iekel

John Iekel

John Iekel

By John Iekel4/11/2018 • 0 Comments

An April 9 session of the Enrolled Actuaries Meeting held by the Conference of Consulting Actuaries and the American Academy of Actuaries touched on the rules for required minimum distributions (RMDs) and what “required” entails in that context regarding benefits. READ MORE

Missy Matrangola

Missy Matrangola

By Missy Matrangola4/5/2018 • 0 Comments

The ASPPA Leadership Council is calling for nominations for the Harry T. Eidson Founders Award, which recognizes significant contributions to ASPPA and/or the private pension system. READ MORE

John  Ortman

John Ortman

John Ortman

By John Ortman4/18/2018 • 0 Comments

Plan Sponsor Council of America Executive Director Jack Towarnicky recently shared highlights of the PSCA’s 2017 Annual Survey of Profit Sharing and 401(k) Plans, focusing on the impact of auto enrollment and auto escalation. READ MORE

By John Ortman4/16/2018 • 0 Comments

American Retirement Association CEO Brian Graff unveiled plans April 15 to address the expensive and outdated ERISA requirement to disclose information to 401(k) participants in paper form. READ MORE

Andrew Remo

Andrew Remo

By Andrew Remo4/19/2018 • 0 Comments

The SEC commissioners voted 4-1 to release for public comment a set of proposals to “enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of advice relationships and investment products.” READ MORE

By Andrew Remo4/18/2018 • 0 Comments

Members of a House subcommittee pressed IRS representatives this week to explain their recent decision to dramatically increase the cost to small businesses of remedying retirement plan mistakes. READ MORE

ASPPA Net Staff

ASPPA Net Staff

By ASPPA Net Staff4/27/2018 • 0 Comments

The Wall Street Journal reports that the Labor Department is examining whether Wells Fargo has been pushing participants to move money from their 401(k)s into more expensive IRAs at the bank. READ MORE

By ASPPA Net Staff4/27/2018 • 0 Comments

The Internal Revenue Service has announced relief for taxpayers (and arguably for plan sponsors) regarding a reduction in the 2018 maximum contribution limits for health savings accounts (HSAs). READ MORE

By ASPPA Net Staff4/27/2018 • 0 Comments

Mary Proctor Trane will be a keynote speaker at the 2018 Women in Retirement Conference (WiRC). READ MORE

By ASPPA Net Staff4/26/2018 • 0 Comments

A long-time proponent of the Labor Depatment’s fiduciary rule is planning to challenge the recent 5th Circuit decision to vacate the rule. READ MORE

By ASPPA Net Staff4/19/2018 • 0 Comments

At an April 9 session at this year’s Enrolled Actuaries meeting in Washington, DC, longtime ASPPA members Richard Block and Kevin Donovan addressed the complexities of testing defined benefit and defined contribution plans on a combined basis. Many thanks to Richard and Kevin for correcting our original report. The corrected version follows. READ MORE

By ASPPA Net Staff4/19/2018 • 0 Comments

Another study concludes that a widely used government report of retirement plan participation understates reality. READ MORE

By ASPPA Net Staff4/16/2018 • 0 Comments

Have Americans accepted a shift in responsibility for their own retirement security? A new study by MetLife seems to indicate that they have. READ MORE

By ASPPA Net Staff4/4/2018 • 0 Comments

The next wave of OregonSaves registrations is on the horizon. READ MORE

By ASPPA Net Staff4/4/2018 • 0 Comments

On May 10, ASPPA brings you up-to-date information on the most recent and relevant topics straight to your desktop with our Spring 2018 Virtual Conference. READ MORE

By ASPPA Net Staff4/4/2018 • 0 Comments

This year, ASPPA joins forces with NAPA for the inaugural Women in Retirement Conference. READ MORE

Robert Toth

Robert Toth

By Robert Toth4/6/2018 • 0 Comments

The Tax Cuts and Jobs Act’s participant loan changes trigger the “uncomfortable” manner in which ERISA’s fiduciary rules apply to loans and their administration. READ MORE