Government Affairs

Government Affairs

Government Affairs

By ASPPA Net Staff9/28/2015 • 0 Comments

In “Are You Looking at Retirement Income Alternatives? The DOL and IRS Are,” a webcast that will be held on Sept. 30, W. Waldan Lloyd will review recent guidance authorizing the use of qualified longevity annuity contracts (QLACs) and their inclusion in target date funds as well as important related issues. READ MORE

By ASPPA Net Staff9/24/2015 • 0 Comments

As the comment period window closes on the Labor Department’s fiduciary proposal, the American Retirement Association has filed a supplemental comment letter with the DOL — and another House subcommittee schedules a hearing on the subject. READ MORE

By ASPPA Net Staff9/22/2015 • 0 Comments

The period during which the Department of Labor’s Employee Benefit Security Administration (EBSA) will accept public comments on the fiduciary proposal closes on Sept. 24. READ MORE

By ASPPA Net Staff9/22/2015 • 0 Comments

Skepticism about the Department of Labor’s (DOL) proposed fiduciary rule is mounting — and not just from President Obama’s opposition. READ MORE

By ASPPA Net Staff9/21/2015 • 0 Comments

The IRS Employee Plans Compliance Unit (EPCU) has updated the information concerning its project on non-governmental 457(b) plans. READ MORE

By Andrew Remo9/18/2015 • 0 Comments

The Labor Department hearings may be over, but a House committee plans to hold a hearing of its own on the fiduciary rule reproposal and its impact on younger savers. READ MORE

By ASPPA Net Staff9/17/2015 • 0 Comments

The IRS Employee Plans Compliance Unit (EPCU) has updated the information concerning its project on terminated plans with outstanding participant loans. READ MORE

By ASPPA Net Staff9/17/2015 • 0 Comments

The Pension Benefit Guaranty Corporation (PBGC) on Sept. 16 issued an updated list of reminders intended to help plans keep their premium filings timely and accurate. READ MORE

By ASPPA Net Staff9/17/2015 • 0 Comments

In a public comment letter, ASPPA has asked the IRS to permit filers to complete the 2015 Form 5500-SUP (and/or the equivalent items appearing on the 2015 Form 5500 series, including the paid preparer disclosure) on a voluntary basis. READ MORE

By ASPPA Net Staff9/15/2015 • 0 Comments

The IRS issued procedures Sept. 14 for a waiver from the requirement that Forms 8955 and 5500-EZ be filed electronically. READ MORE

By ASPPA Net Staff9/14/2015 • 0 Comments

The Pension Benefit Guaranty Corporation has issued a final rule that amends its regulation on reportable events and other notification requirements. READ MORE

By ASPPA Net Staff9/14/2015 • 0 Comments

The Department of Labor has published a “Q&A on Small Savers,” a new initiative in the communication “war” about its conflict of interest proposal. READ MORE

By Andrew Remo9/11/2015 • 0 Comments

We’re months away from December, but it felt like a fiduciary rule Festivus on Capitol Hill Sept. 10 as members of Congress aired their grievances about the Department of Labor’s (DOL) proposed extension authority to regulate assets contained in retirement accounts. READ MORE

By ASPPA Net Staff9/9/2015 • 0 Comments

Recently the Internal Revenue Service’s Employee Plans Compliance unit announced plans to collaborate with the Department of Labor’s Office of the Chief Accountant to contact Form 5500 non-filers identified using payroll and plan data in their records. READ MORE

By ASPPA Net Staff9/9/2015 • 0 Comments

The DOL announced Sept. 8 that the public comment period will close on Thursday, Sept. 24, 2015, and that no hand-delivered comments will be accepted after 6:00 p.m. ET on that date. READ MORE

By ASPPA Net Staff9/8/2015 • 0 Comments

The IRS on Sept. 8 issued final regulations on the determination of minimum required pension contributions. READ MORE

By ASPPA Net Staff9/4/2015 • 0 Comments

The Department of Labor’s Employee Benefit Security Administration granted a prohibited transaction exemption for certain entities with specified relationships to Deutsche Bank AG. READ MORE

By Andrew Remo9/4/2015 • 0 Comments

Congress returns from its summer break next week, and House Republicans are wasting no time reengaging in oversight of the Department of Labor’s (DOL) fiduciary rule re-proposal. READ MORE

By Nevin Adams9/3/2015 • 0 Comments

The Department of Labor (DOL) is moving ahead with its effort to make it easier for states to offer retirement initiatives without running afoul of federal law, sending a proposed rule to the Office of Management and Budget (OMB) for review Sept. 1. READ MORE

By ASPPA Net Staff8/31/2015 • 0 Comments

The Department of Labor has tentatively rejected requests by three global banks to continue managing U.S. pension funds. READ MORE

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