Government Affairs

Government Affairs

Government Affairs

By ASPPA Net Staff3/6/2015 • 0 Comments

The Labor Department has repeatedly claimed to be consulting with the Securities and Exchange Commission on its fiduciary reproposal — but a couple of key House Republicans would like to see some proof.
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By Craig Hoffman3/4/2015 • 0 Comments

ASPPA’s Government Affairs Committee (GAC) filed a comment letter with the IRS on March 3, 2015, requesting an extension of the June 30 deadline for submitting the master language for pre-approved defined benefit plans. READ MORE

By ASPPA Net Staff3/4/2015 • 0 Comments

Legislative phoenixes that would codify the president’s MyRA proposal and change the qualified plan loan rules have arisen in both chambers of Congress.
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By Andrew Remo3/3/2015 • 0 Comments

Legislation that would require Maryland employers to adopt payroll deduction savings plans for their employees got a full bicameral at a recent hearing in the Maryland General Assembly.
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By Craig Hoffman3/3/2015 • 0 Comments

The IRS has transferred responsibility for certain technical work from its Employee Plans Division to the IRS Chief Counsel’s office; IRS Announcement 2014-34 and IRS Revenue Procedure 2015-6 formalize this change.
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By ASPPA Net Staff3/2/2015 • 0 Comments

New York City Public Advocate Letitia James on Feb. 26 introduced legislation creating a commission of experts to study the establishment of a pension fund for private sector workers in New York City.

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By Nevin Adams2/23/2015 • 0 Comments

The Department of Labor’s much-anticipated fiduciary reproposal has drawn intense criticism from SEC Commissioner Daniel M. Gallagher.
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By ASPPA Net Staff2/20/2015 • 0 Comments

Proposed legislation in Connecticut and Rhode Island would give their respective residents breaks from state taxes imposed on their pensions.
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By Andrew Remo2/12/2015 • 0 Comments

Legislation just introduced in the Oregon State Senate brings the Beaver State a step closer to establishing a state-run retirement savings program.
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By John Iekel2/11/2015 • 0 Comments

Floridians who take loans against their retirement plans have to pay a state tax on those distributions. But the Florida House of Representatives is considering a bill that would change that.
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By Nevin Adams2/10/2015 • 0 Comments

In a Feb. 5 letter from Senate Committee on Homeland Security and Government Affairs Chairman Ron Johnson (R-Wisc.) to Secretary of Labor Thomas Perez, the committee requests that the DOL better explain its fiduciary regulation reproposal. READ MORE

By Andrew Remo2/4/2015 • 0 Comments

President Obama’s budget blueprint for fiscal year 2016 contains proposals that would change the tax treatment of IRAs and qualified retirement plans.

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By Judy Miller2/3/2015 • 0 Comments

President Obama’s 2016 budget has been issued, and while parts could expand retirement plan coverage, others are likely to undermine those good intentions.

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By Nevin Adams2/3/2015 • 0 Comments

There is something of a feeling of déjà vu in President Obama’s budget proposal, certainly regarding workplace retirement plans. READ MORE

By ASPPA Net Staff1/30/2015 • 0 Comments

The White House memo on the DOL’s proposal to redefine what constitutes a fiduciary continues to engender negative reaction. READ MORE

By Nevin Adams1/30/2015 • 0 Comments

The 114th Congress has gotten off to a quick start with retirement legislation.
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By ASPPA Net Staff1/30/2015 • 0 Comments

The U.S. Senate Health, Education, Labor and Pensions Committee on Jan. 28 announced its assignments for the committee’s three subcommittees for the 114th Congress.
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By Andrew Remo1/26/2015 • 0 Comments

New Chairman of the Senate Finance Committee Orrin Hatch (R-Utah) has staked out his plans, and the committee’s agenda, for dealing with pension reform.
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By Alisa Wolking1/20/2015 • 0 Comments

The 114th Congress has officially kicked off, and federal tax reform remains high on the agenda for this year. Senate Finance Committee Chairman Orrin Hatch (R-Utah) and Ranking Member Ron Wyden (D-Ore.) are launching tax reform working groups to develop recommendations for comprehensive federal tax reform.
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By ASPPA Net Staff1/20/2015 • 0 Comments

A year ago, President Obama touted the voluntary MyRA in his State of the Union Address — but the White House has a lot more to say about retirement this year — and it’s a lot less voluntary.
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