Here you’ll find all news stories and all posts on ASPPA Net, with the newest items at the top.

By ASPPA Net Staff12/23/2014 • 0 Comments

U.S. Secretary of Labor Thomas E. Perez has announced the appointment of five new members to the 2015 Advisory Council on Employee Welfare and Pension Benefit Plans — also known as the ERISA Advisory Council. READ MORE

By Andrew Remo12/23/2014 • 0 Comments

While finalizing many of the details of the MyRA program, Treasury and the Department of Labor (DOL) may have unearthed some serious new questions. READ MORE

By ASPPA Net Staff12/22/2014 • 0 Comments

Nearly half of Americans retire earlier than expected, yet retirees overwhelmingly report that they are enjoying themselves and discovering that pre-retirement fears of boredom, financial insecurity and lacking purpose are largely unfounded, according to a new study by MassMutual Retirement Services. READ MORE

By ASPPA Net Staff12/22/2014 • 0 Comments

On Jan. 1, 2015, the American Retirement Association (ARA) will officially become the new parent entity of ASPPA, ACOPA, NAPA and NTSA. Because the ARA’s Code of Professional Conduct will apply to all of these four sister organizations, new disciplinary procedures have been proposed. READ MORE

By ASPPA Net Staff12/22/2014 • 0 Comments

As we careen toward 2015 with ever-accelerating speed, the IRS has issued a reminder about year-end deadlines relevant to retirement plans. Following are eight “to dos” the IRS suggests.
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By Andrew Remo12/22/2014 • 0 Comments

Largely overlooked in the flurry of lame duck activity by Congress is a bill that creates a new kind of savings account for those with disabilities.
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By ASPPA Net Staff12/22/2014 • 0 Comments

Last week we asked readers to vote on the best — and worst — aspects of ERISA and its progeny. Here’s what you told us. READ MORE

By ASPPA Net Staff12/19/2014 • 0 Comments

Asked to choose between a 401(k)-type plan or a company pension plan that provides guaranteed income in retirement, a slim majority of non-retirees chose the 401(k).
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By Nevin Adams12/19/2014 • 0 Comments

A federal district court in North Carolina has ruled that the rounding decision is a discretionary one that a plan administrator can make, and that choosing to round to five decimal places was not an abuse of discretion. READ MORE

By Andrew Remo12/18/2014 • 0 Comments

With just days to go before the end of the 113th Congress, two senior members of the House Ways & Means Committee have introduced a bipartisan comprehensive retirement bill. READ MORE

By ASPPA Net Staff12/18/2014 • 0 Comments

The EFAST2 2014 rollover changes will be implemented in the EFAST2 production system Jan. 1, 2015. The Department of Labor has issued a reminder about that for EFAST2 third party software vendors on Dec. 16. READ MORE

By John Iekel12/17/2014 • 0 Comments

Filers of Forms 5500 and M-1 will now be able to prepare for 2014 filing. Advance copies of the 2014 Forms 5500 and 5500-SF are now available, the DOL’s Employee Benefits Security Administration announced on Dec. 15. READ MORE

By ASPPA Net Staff12/15/2014 • 0 Comments

Top-heavy testing, fiduciary liability, minimum participation standards, non-discrimination testing, contribution limits...the best — and the worst — of ERISA. Here's your chance to weigh in! READ MORE

By Judy Miller12/15/2014 • 0 Comments

Lawmakers have crafted and approved a sweeping bipartisan solution to address the mammoth funding shortfalls of the multiemployer plan system — a solution that is likely to have a long-term impact on defined benefit pension plans for both single and multiemployer arrangements.
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By ASPPA Net Staff12/12/2014 • 0 Comments

While retirement savings grew to one third (33.7%) of all household investable assets at $13.9 trillion, retirement assets of consumers age 65 to 74 surged from $2.3 trillion to a new high of $3.5 trillion, and now constitute a quarter of total retirement assets, according to a new report. READ MORE

By John Iekel12/12/2014 • 0 Comments

The IRS in Notice 2014-77 has updated the 2014 Cumulative List of Changes in Plan Qualification Requirements. The list is primarily for single-employer individually designed defined benefit plans plans and single-employer individually designed defined contribution plans that are in Cycle E to use when they submit determination letter applications for plans between Feb. 1, 2015 and Jan. 31, 2016.
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By ASPPA Net Staff12/11/2014 • 0 Comments

Saving for retirement in a workplace savings plan or IRA is the top long-term financial goal, according to a new survey. But the survey also contains the sobering finding that financial resolutions for the new year are on the decline as 2015 approaches. READ MORE

By Andrew Remo12/11/2014 • 0 Comments

Legislation working its way through Congress designed to avoid a government shutdown also contains some pension plan provisions. READ MORE

By JJ McKinney12/10/2014 • 0 Comments

Are you a BMOC member? ASPPA’s Business Managers & Owners Council (BMOC) is the new membership option for ASPPA members who are business owners or senior executives of a pension administration or actuarial service company. READ MORE

By John Iekel12/10/2014 • 0 Comments

New Year’s Eve is the deadline for most 2014 required minimum distributions to be made. The IRS issued that reminder Dec. 8 in news release IR-2014-112. Generally, RMDs from 401(k), 403(b) and 457 plans as well as IRAs must be made by Dec. 31. READ MORE

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