Government Affairs

Government Affairs

Government Affairs

By John Iekel 2/8/2018 • 0 Comments

The SEC Office of Compliance Inspections and Examinations has retirement savers in mind this year in its 2018 examination priorities. READ MORE

By Ted Godbout2/8/2018 • 0 Comments

Witnesses at a Feb. 6 Senate committee hearing debated current challenges and offered proposals to help so-called “gig economy” workers save for retirement. READ MORE

By John Iekel 2/7/2018 • 0 Comments

A bipartisan committee with members from both houses of Congress will examine ways to address the solvency of multiemployer pension plans, Sen. Sherrod Brown (D-OH) said Feb. 7. READ MORE

By John Iekel 2/7/2018 • 0 Comments

The recently enacted Tax Cuts and Jobs Act of 2017 (TCJA) will not affect 2018 pension plan limitations, the IRS said on Feb. 6 in IR-2018-19. READ MORE

By John Iekel 2/5/2018 • 0 Comments

Panelists at a session of ASPPA’s Feb. 2 Tax Virtual Conference offered their take on what the Tax Cuts and Jobs Act means to retirement plan professionals. READ MORE

By John Iekel 2/1/2018 • 0 Comments

Two more House members, one from each major party, on Jan. 30 joined 132 of their peers as cosponsors of the Rehabilitation for Multiemployer Pensions Act. READ MORE

By John Iekel1/25/2018 • 0 Comments

At a Jan. 24 session of the National Tax-deferred Savings Association’s 2018 NTSA Summit in Houston, American Retirement Association CEO Brian Graff discussed the most important federal legislative and regulatory developments affecting retirement plans. READ MORE

By Ted Godbout1/23/2018 • 0 Comments

Under the Tax Cuts and Jobs Act, hardship withdrawals from a 401(k) plan to address a personal casualty loss of a principal residence may no longer be allowed unless the loss is attributable to a federally declared disaster area. READ MORE

By John Iekel 1/22/2018 • 0 Comments

A recent analysis suggests that the SEC’s take on a fiduciary standard may be inching closer to that of the DOL. READ MORE

By John Iekel 1/19/2018 • 0 Comments

A recent white paper discusses the new tax reform law and its possible effects, including those on retirement plans. READ MORE

By John Iekel 1/17/2018 • 0 Comments

Implementation of the DOL’s fiduciary rule has been delayed, but the SEC's work on its own rule reportedly is accelerating. READ MORE

By Ted Godbout1/16/2018 • 0 Comments

Legislation is before the New Jersey legislature that would require certain disclosures by non-fiduciary investment advisors regarding their fiduciary status with clients. READ MORE

By John Iekel 1/12/2018 • 0 Comments

Missouri is the latest state whose legislature has before it a measure that would establish a state-run program for employees whose employers do not offer a retirement plan. READ MORE

By John Iekel 1/10/2018 • 0 Comments

Sen. Sheldon Whitehouse (D-RI) will join the Senate Finance Committee, Senate Minority Leader Chuck Schumer (D-NY) announced Jan. 9. READ MORE

By ASPPA Net Staff1/10/2018 • 0 Comments

Bipartisan legislation that proponents say will provide funding relief for some multiemployer plans could emerge shortly, according to published reports. READ MORE

By ASPPA Net Staff1/9/2018 • 0 Comments

Visa is the latest firm to “credit” tax reform with a boost to its 401(k) plan. READ MORE

By Ted Godbout1/8/2018 • 0 Comments

Sen. Orrin Hatch (R-UT), one of the longest-serving U.S. senators and current chairman of the Finance Committee, has announced that he will be retiring at the end of the current Congress. READ MORE

By John Iekel 1/3/2018 • 0 Comments

The PBGC’s Participant and Plan Sponsor Advocate has issued a report on the 2017 activities of her office on participant claims, multiemployer plans, plan sponsor issues and pension de-risking. READ MORE

By ASPPA Net Staff1/3/2018 • 0 Comments

Rep. Peter King (R-NY), on Jan. 2 announced that he will become the first Republican member of the House of Representatives to co-sponsor H.R. 4444, the Rehabilitation for Multiemployer Pensions Act. READ MORE

By Ted Godbout12/27/2017 • 0 Comments

The U.S. House of Representatives approved legislation on Dec. 21 extending to victims of the California wildfires access to their 401(k)s and similar plans without incurring IRS penalties or immediate tax liability. READ MORE

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