Nevin Adams

Nevin Adams

By Nevin Adams 5/15/2018 • 0 Comments

The law firm Schlichter, Bogard & Denton, LLP, has targeted another 401(k) plan for breach of its fiduciary duties — and their claims include that the lack of a stable value fund cost plan participants $41 million. READ MORE

By Nevin Adams 5/14/2018 • 0 Comments

Pundits have long worried that retirees wouldn’t have accumulated enough to live on in retirement, but the data suggests that most retirees aren’t exactly burning through their retirement savings. READ MORE

John Iekel

John Iekel

By John Iekel 5/31/2018 • 0 Comments

Auto-enrollment is widely lauded as a low-cost, low-impact solution for savings rates and behaviors that could use a boost; however, a recent blog post suggests that it may not be a panacea. READ MORE

By John Iekel 5/31/2018 • 0 Comments

The IRS has clarified that federal income tax withholding and Form 1099-R reporting generally apply for the year a payment is made, as required by state law, from an IRA to a state unclaimed property fund. READ MORE

By John Iekel 5/29/2018 • 0 Comments

Single premium pension buy-out sales exceeded $1 billion in the first quarter of 2018, says a recent report. READ MORE

By John Iekel 5/25/2018 • 0 Comments

We won’t be bringing you an ASPPA Connect newsletter on Monday due to the observance of Memorial Day, but we would like to share some little-known facts and background about the holiday. READ MORE

By John Iekel 5/24/2018 • 0 Comments

Robert Kaplan, the American Retirement Association’s Director of Technical Education, provided a look at recent regulatory and legislative developments in a May 22 ASPPA webcast. READ MORE

By John Iekel 5/24/2018 • 0 Comments

A measure before the Senate would establish a federal commission to review private retirement benefit programs and report to Congress on how to improve private retirement security. READ MORE

By John Iekel 5/23/2018 • 0 Comments

The IRS is now accepting applications for opinion letters for pre-approved DC plans for the third six-year remedial amendment cycle. READ MORE

By John Iekel 5/21/2018 • 0 Comments

For a TPA, plan administrator, employer or plan sponsor, uncashed checks are a problem; recent blog entries make some suggestions regarding how to help make sure they don’t happen in the first place. READ MORE

By John Iekel 5/21/2018 • 0 Comments

There are a variety of ways to gauge plan health, but a recent blog entry suggests that looking at account balances can be instructive. READ MORE

By John Iekel 5/18/2018 • 0 Comments

A recent white paper takes a look not only at how well employees are saving, but also the habits that can help in achieving greater financial security in retirement. READ MORE

By John Iekel 5/18/2018 • 0 Comments

Some argue that older workers should retire to save employers money and facilitate upward mobility for younger generations, but a recent study suggests the exact opposite. READ MORE

By John Iekel 5/15/2018 • 0 Comments

The PBGC plans to ask the Office of Management and Budget (OMB) for its approval of a revision to a form used in information collection that enables the PBGC to pay benefits to participants and beneficiaries. READ MORE

By John Iekel 5/15/2018 • 0 Comments

The IRS on May 15 said it is inviting financial institutions and other service providers to submit proposals for umbrella closing agreements to correct failures to restate plans by the applicable deadline. READ MORE

By John Iekel 5/14/2018 • 0 Comments

Reputation — building, maintaining and living it — permeates everything from meeting regulatory requirements to the finer points of interacting with and serving clients. READ MORE

By John Iekel 5/14/2018 • 0 Comments

You have the option to embrace best practices, Fred Reish, Partner at Drinker Biddle & Reath LLP told attendees at the recent PSCA Annual Conference; he offered insights on fiduciary compliance, risk management and best practices. READ MORE

By John Iekel 5/11/2018 • 0 Comments

Plan design can influence and equip plan participants to make better choices regarding distribution, a recently released report concludes. READ MORE

By John Iekel 5/9/2018 • 0 Comments

The IRS has suggested that employers and organizations refresh IRA holders’ knowledge of, and attention to, what they can do and are required to do concerning their accounts. READ MORE

By John Iekel 5/9/2018 • 0 Comments

Financial wellness benefits are becoming more widespread; a session at the recent PSCA Annual Conference addressed how they also can be good for an employer’s financial wellness. READ MORE

By John Iekel 5/8/2018 • 0 Comments

The deadline by which employers in Oregon with 50-99 employees are to register with OregonSaves is fast approaching. READ MORE

By John Iekel 5/7/2018 • 0 Comments

An expert panel at a session of the PSCA Annual Conference discussed ways retirement plans and those who serve them can address challenges to retirement security. READ MORE

By John Iekel 5/4/2018 • 0 Comments

Communicating with participants is bread and butter stuff – a reminder that in the end, benefits administration is about real people. Benefits administrators from two employers in a May 1 session of the Plan Sponsor Council of America’s annual conference shared their experiences and approaches in communicating with participants. READ MORE

Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams5/22/2018 • 0 Comments

Five key Senate Democrats are concerned about the DOL's current lack of defense of the fiduciary rule — and they want to know what the DOL plans to do going forward. READ MORE

By Nevin Adams5/18/2018 • 0 Comments

Rarely a week goes by that a headline, survey or academic paper doesn’t proclaim the reality of a retirement crisis, but the reality is that good, reliable data is hard to come by. READ MORE

By Nevin Adams5/18/2018 • 0 Comments

The states of California, New York and Oregon have asked the 5th Circuit to reconsider its decision denying the states’ motion to intervene in litigation involving the DOL fiduciary rule. READ MORE

By Nevin Adams5/15/2018 • 0 Comments

Less than a week after the suit was filed — but (apparently) after six months of arm’s length negotiation with the assistance of a national mediator, the parties in an excessive fee suit have come to terms. READ MORE

By Nevin Adams5/4/2018 • 0 Comments

Americans continue to feel better about their retirement prospects, especially if they are healthy, have a defined contribution plan — or are already retired! READ MORE

By Nevin Adams5/3/2018 • 0 Comments

With Twitter-length brevity, the 5th Circuit has dispensed with attempts by AARP and three states to step into the fight over the future of the DOL’s fiduciary rule. READ MORE

By Nevin Adams5/2/2018 • 0 Comments

The 28th annual Retirement Confidence Survey by EBRI and Greenwald Associates found that Americans are feeling a bit better about their retirement prospects, and that certain factors are tied to higher confidence. READ MORE

Shannon Edwards

Shannon Edwards

By Shannon Edwards5/4/2018 • 0 Comments

The best our industry has to offer in the compliance consulting and administration arena (ASPPA) are joining forces with investment advisers dedicated to the retirement plan industry (NAPA) June 10-12 at the all-new ARA Women in Retirement Conference in Burlington, VT. READ MORE

Andrew Forgrave

Andrew Forgrave

Ted Godbout

Ted Godbout

By Ted Godbout5/30/2018 • 0 Comments

TPAs serving 401(k) plans may want to remind their clients that they should review and update their “special tax notices” in the wake of changes to the plan loan offset rules under last year’s tax reform legislation. READ MORE

By Ted Godbout5/29/2018 • 0 Comments

The average individual 401(k) and IRA balances of Fidelity clients dipped a bit in the first quarter of 2018 compared to the previous quarter, but year-over-year increases remained strong. READ MORE

By Ted Godbout5/23/2018 • 0 Comments

Gains in access to DC plans were offset by lower rates of access to DB plans, but overall younger workers saw some improvements, according to a new study using data from 1998 to 2012. READ MORE

By Ted Godbout5/23/2018 • 0 Comments

For the second time in as many days, the 5th Circuit has denied a motion to reconsider its decision denying three states’ motion to intervene in litigation involving the DOL's fiduciary rule. READ MORE

By Ted Godbout5/21/2018 • 0 Comments

New survey results reveal a variety of differences by generation and other demographic factors pertaining to perceptions and concerns about retirement savings strategies. READ MORE

By Ted Godbout5/18/2018 • 0 Comments

The House Education and the Workforce’s Subcommittee on Health, Employment, Labor and Pensions heard testimony May 16 on four retirement-related bills members are confident will be approved before Congress adjourns. READ MORE

By Ted Godbout5/14/2018 • 0 Comments

A potential negative consequence of litigation involving defined contribution plans is engendering fear among plan fiduciaries to offer innovative plan options, a new report suggests. READ MORE

By Ted Godbout5/11/2018 • 0 Comments

With many workers still lacking access to a retirement plan set against the backdrop of a growing gig economy, vital changes to existing retirement program strategies are needed, attendees at a May 8 policy forum in Washington, DC were told. READ MORE

By Ted Godbout5/11/2018 • 0 Comments

New research suggests that retirement savers increasingly are concerned about protecting their assets during periods of volatility and ensuring they have enough income in retirement. READ MORE

By Ted Godbout5/8/2018 • 0 Comments

As anticipated, the DOL has extended until further notice its temporary enforcement policy relating to its rule defining who is a fiduciary and the associated prohibited transaction exemptions. READ MORE

By Ted Godbout5/2/2018 • 0 Comments

Future retirees expect to receive significantly more in benefits than what they actually will receive, setting themselves up for potential financial difficulties in retirement, new survey results show. READ MORE

By Ted Godbout5/2/2018 • 0 Comments

How do you increase retirement security for 80 million 401(k) account owners? READ MORE

John Iekel

John Iekel

John Iekel

By John Iekel5/7/2018 • 0 Comments

In a May 1 session at the Plan Sponsor Council of America’s annual conference, American Enterprise Institute Resident Scholar Andrew Biggs offered a perspective on U.S. retirement readiness. READ MORE

By John Iekel5/4/2018 • 0 Comments

Rules for fiduciaries – and what the term itself even means – figured prominently in a May 2 session of the Plan Sponsor Council of America Annual Conference in Scottsdale, AZ. READ MORE

By John Iekel5/2/2018 • 0 Comments

A panel of experts at the Plan Sponsor Council of America’s (PSCA) annual conference in Scottsdale, AZ, on May 1 offered their take on some of the critical issues and uncertainties facing retirement plans, plan sponsors and the professionals who serve them, as well as the influence of the federal government. READ MORE

ASPPA Net Staff

ASPPA Net Staff

By ASPPA Net Staff5/30/2018 • 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 Staff5/30/2018 • 0 Comments

Longtime ASPA Executive Director Chester Salkind passed away on May 19, 2018, while in hospice care in Durango, CO. READ MORE

By ASPPA Net Staff5/25/2018 • 0 Comments

Please note that our websites, education resources, and email will be unavailable from 8:00 p.m. to 11:00 p.m. EDT on Sunday, May 27 for server maintenance. We apologize in advance for any inconvenience. READ MORE

By ASPPA Net Staff5/21/2018 • 0 Comments

Participant transfer activity picked up in April, but was still well short of surges earlier in the year. READ MORE

By ASPPA Net Staff5/18/2018 • 0 Comments

The PSCA's 2018 Annual Conference May 1-2 featured the insights of experts on issues critical to retirement plan sponsors and industry professionals. ASPPA Connect was there; following are the stories that provide a taste of those insights. READ MORE

By ASPPA Net Staff5/15/2018 • 0 Comments

President Trump has announced his intention to nominate a new head of the Pension Benefit Guaranty Corporation (PBGC), the nation’s private pension plan insurer. READ MORE

By ASPPA Net Staff5/15/2018 • 0 Comments

It may seem like a long time until 2019 — but the IRS has already published the 2019 inflation-adjusted amounts for health savings accounts (HSAs). READ MORE

By ASPPA Net Staff5/9/2018 • 0 Comments

While both the number of, and enrollment in, HSAs have grown significantly since they first became available in 2004, data suggests that that growth may be slowing. READ MORE

By ASPPA Net Staff5/8/2018 • 0 Comments

One of the most vocal critics of the Labor Department’s fiduciary rule is leaving the Securities and Exchange Commission — with a mammoth advice proposal out for public comment. READ MORE

By ASPPA Net Staff5/2/2018 • 0 Comments

The National Tax-Deferred Savings Association (NTSA) and the American Retirement Association are pleased to announce the publication of Best Practices for 403(b) and 457(b) Plans. READ MORE