Government Affairs

Government Affairs

Government Affairs

By Adam Pozek4/29/2014 • 0 Comments

With another testing season in the rear view and PPA restatements looming on the horizon, there are sure to be plenty of questions on everyone’s mind, and ASPPA’s IRS Q&A subcommittee wants to hear them! We are currently gathering questions to go on the list that will be submitted to our friends at the IRS and discussed at the Question & Answer general session at this October’s Annual Conference.  READ MORE

By Ronald Triche4/12/2014 • 0 Comments

The IRS, in Notice 2014-19 and related FAQs, says that retirement plans have to recognize same-gender spouses and spells out how. The notice and FAQs, which the IRS issued April 4, are a follow-up on Revenue Ruling (Rev. Rul.) 2013-17, which provided general guidance on the tax implications of the Supreme Court’s decision in U.S. V. Windsor (the DOMA case). Notice 2014-19 and the FAQs specifically focus on retirement plans.  READ MORE

By John Iekel4/4/2014 • 0 Comments

In remarks at a recent conference on income inequality, Sen. Ron Wyden (D-OR), the incoming Chairman of the Senate Finance Committee, may have tipped his hand on how he will treat employer-provided retirement plans, advocating the simplification and consolidation of “the array” of current retirement savings accounts. Wyden also said he would like to move toward a system of automatic savings for workers. READ MORE

By John Iekel4/3/2014 • 0 Comments

The words have barely faded from the teleprompter, but retirement experts have wasted no time in expressing caution regarding the “myRA” retirement accounts President Obama unveiled in his State of the Union Address. Chris Carosa of Fiduciary News provides a comprehensive list of 10 reasons to be cautious about myRAs. READ MORE

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