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

By Ray Harmon11/21/2014 • 0 Comments

In the wake of the surprise election of Republican Larry Hogan to the Maryland governor’s mansion earlier this month, the task force outgoing Gov. Martin O’Malley (D) established to study retirement plan access and potentially recommend a state-run automatic enrollment IRA program had its first post-election meeting Nov. 19.
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By Nevin Adams11/20/2014 • 0 Comments

The Government Accountability Office published its final report on Individual Retirement Accounts (IRAs), offering some recommendations for Congress and the IRS on so-called “mega” IRAs. READ MORE

By Nevin Adams11/19/2014 • 0 Comments

There has been much discussion about savings trends and the unique challenges of Millennials, specifically the impact of graduating with so much college debt. But adjusted for inflation, the debt totals are very much in line with those of earlier generations. READ MORE

By John Iekel11/19/2014 • 0 Comments

The Department of Labor has announced that on Jan. 15, 2015 it will hold a hearing on whether Credit Suisse affiliates can serve as qualified professional asset managers. READ MORE

By Nevin Adams11/19/2014 • 0 Comments

Five Senate Finance Committee members are asking Treasury Secretary Jack Lew for some retirement plan relief. They cite testimony provided in committee and “commonsense suggestions” that include several that ASPPA and NAPA have actively promoted. READ MORE

By Craig Hoffman11/18/2014 • 0 Comments

Plan administrators were beginning to feel comfortable with their procedures for participant benefit statements, but changes are in the offing. The Department of Labor’s most recent guidance plan includes a proposed regulation that could significantly affect the way plan sponsors draft and distribute these notices. READ MORE

By Donna Brewster11/18/2014 • 0 Comments

ASPPA’s new Business Managers and Owners Council (BMOC) is off to a great start. BMOC is the new membership option for ASPPA members who are owners or senior executives of a pension administration or actuarial service business. READ MORE

By Judy Miller11/17/2014 • 0 Comments

When the 113th Congress wraps up in December, it won’t have much to show for its term. Will the 114th Congress that convenes in January be any different? READ MORE

By John Iekel11/17/2014 • 0 Comments

The Pension Benefit Guaranty Corporation on Nov. 17 released its 2014 annual report, which had good news and bad news for the agency that protects pension benefits for millions of Americans in private-sector pension plans.
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By ASPPA Net Staff11/14/2014 • 0 Comments

While small business owners acknowledge the importance of preparing for retirement, a new survey discusses how they find out about retirement.
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By ASPPA Net Staff11/14/2014 • 0 Comments

The Internal Revenue Service is reminding low- and moderate-income workers about an opportunity to earn a special tax credit while they save for retirement.
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By John Iekel11/14/2014 • 0 Comments

As industry consolidation continues apace, the universe of 401(k) plan providers for employers is shrinking. But that doesn’t necessarily mean that competition among the providers is correspondingly reduced. READ MORE

By John Iekel11/11/2014 • 0 Comments

Updated mortality assumptions for participants and beneficiaries in private-sector defined benefit plans have been issued by the Society of Actuaries (SOA in its Mortality Improvement Scale MP-20141 Report, along with its companion document, the RP-2014 Mortality Tables Report. READ MORE

By Nevin Adams11/11/2014 • 0 Comments

The IRS issued a clarification Nov. 10 on the application of the one-per-year limit on IRA rollovers. In Announcement 2014-32, the IRS said it had received comments about the “administrative challenges presented by the Bobrow interpretation of §408(d)(3)(B).”  READ MORE

By Nevin Adams11/10/2014 • 0 Comments

Having regained their Senate majority and deepened their hold on the House, the GOP — with a wary eye on the 2016 elections — may be ready to deal. READ MORE

By ASPPA Net Staff11/7/2014 • 0 Comments

Location could be a factor in retirement plan participation, according to a new report by the Employee Benefit Research Institute (EBRI). It notes that, not only do workers’ demographic characteristics affect the probability of their participation in an employment-based retirement plan, but their geographic location also has an impact. READ MORE

By Ray Harmon11/6/2014 • 0 Comments

The ERISA Advisory Council has now made its final recommendations of 2014, and got an update on regulatory proposals in return. READ MORE

By John Iekel11/6/2014 • 0 Comments

We hear a lot about how well Americans are saving — or not — for their retirement. In that spirit, Legg Mason Global Asset Management has unveiled EZ IRA, a payroll deduction IRA program intended to provide a way to build that savings rate. READ MORE

By Andrew Remo11/5/2014 • 0 Comments

ASPPA, NAPA and NTSA submitted a joint letter Nov. 3 to the Connecticut Retirement Security Board (CRSB) in response to the board’s request for public comment in order to help the CSRB develop and implement a state-run plan for employees of private employers. READ MORE

By Mike Bushnell11/4/2014 • 0 Comments

The 2014 ASPPA Annual Conference was our biggest yet, and ASPPA Net had the coverage befitting such an event. Check out a full recap of the sessions and speakers that educated and entertained attendees during the last week of October. READ MORE

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