Government Affairs

Government Affairs

Government Affairs

By Nevin Adams 4/19/2018 • 0 Comments

Despite the 4-1 vote by the SEC to release for public comment its fiduciary proposals, the commissioners apparently (still) have issues with the current version. READ MORE

By Andrew Remo4/19/2018 • 0 Comments

The SEC commissioners voted 4-1 to release for public comment a set of proposals to “enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of advice relationships and investment products.” READ MORE

By John Ortman4/16/2018 • 0 Comments

American Retirement Association CEO Brian Graff unveiled plans April 15 to address the expensive and outdated ERISA requirement to disclose information to 401(k) participants in paper form. READ MORE

By Ted Godbout4/13/2018 • 0 Comments

Enactment of the Retirement Enhancement and Savings Act would encourage employers to offer DC plans and to expand access to various retirement savings options, panelists at a Capitol Hill retirement policy forum suggested. READ MORE

By Nevin Adams 4/12/2018 • 0 Comments

The Securities and Exchange Commission has announced plans for an open meeting to consider the agency’s long-awaited — and much anticipated — fiduciary proposal. READ MORE

By Robert Toth4/6/2018 • 0 Comments

The Tax Cuts and Jobs Act’s participant loan changes trigger the “uncomfortable” manner in which ERISA’s fiduciary rules apply to loans and their administration. READ MORE

By John Iekel 4/4/2018 • 0 Comments

The ARA on April 4 filed a comment letter with the IRS to recommend modifications to EPCRS that would expand the use of the SCP and reduce the burden the VCP’s new pricing structure imposes on small business plans. READ MORE

By Joseph Caruso3/26/2018 • 0 Comments

Wyoming Gov. Matthew H. Mead (R) has signed a bill creating a task force to study the state’s retirement preparedness and retirement savings programs — and the possibility of creating a state-run retirement plan for private-sector workers. READ MORE

By Joseph Caruso3/21/2018 • 0 Comments

For the moment, anyway, the Old Line State has stepped back crossing a line that would have established its own fiduciary rule. READ MORE

By Brent Neese3/20/2018 • 0 Comments

The NTSA is pleased to unveil the NTSA Advocacy and Resource (ARC), a member-only website featuring an interactive 403(b)/457 plan industry advocacy map of the United States, with detailed summaries for each state. READ MORE

By Andrew Remo3/16/2018 • 0 Comments

For the first time, the Retirement Enhancement and Savings Act (RESA) has gotten some traction in the U.S. House of Representatives — and on a bipartisan basis. READ MORE

By John Iekel 3/14/2018 • 0 Comments

The Joint Select Committee on Solvency of Multiemployer Pension Plans held its first meeting, an organizational business meeting to consider committee rules, on March 14. READ MORE

By Andrew Remo3/9/2018 • 0 Comments

In a rare moment of bipartisan cooperation, the Senate Finance Committee leaders — Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) — have reintroduced the Retirement Enhancement and Savings Act. READ MORE

By John Iekel 3/7/2018 • 0 Comments

Major employers are among those that have increased their retirement benefits in the wake of the enactment of the Tax Cuts and Jobs Act (TCJA), according to a recent report. READ MORE

By John Iekel 3/7/2018 • 0 Comments

Senate Majority Leader Mitch McConnell (R-KY) in remarks on the Senate floor on March 6 cited increased retirement benefits as one of the results of enacting the Tax Cuts and Jobs Act of 2017. READ MORE

By ASPPA Net Staff3/5/2018 • 0 Comments

Legislation has been introduced to address the proliferation of small accounts its sponsors say costs Americans billions of dollars every year in lost savings because of cash-outs and redundant fees — and lost savings from missing accounts. READ MORE

By John Iekel 3/2/2018 • 0 Comments

Sens. Mitch McConnell (R-KY) and Charles Schumer (D-NY) have named the Republicans and Democrats from the Senate who will serve on the Joint Select Committee on the Solvency of Multiemployer Pension Plans. READ MORE

By John Iekel 3/1/2018 • 0 Comments

Sen. Orrin Hatch (R-UT) on March 1 outlined some of the effects the new tax reform law had on retirement plans and their participants. He made his remarks at an American Enterprise Institute event concerning the law's impact. READ MORE

By ASPPA Net Staff2/28/2018 • 0 Comments

Now is the time to get up-to-date on developments in Washington and their impact on retirement plans. Learn from someone in the know, Craig Hoffman, ARA’s General Counsel. READ MORE

By Andrew Remo2/23/2018 • 0 Comments

Concerned that the Labor Department’s fiduciary rule could be pared back, Maryland is considering extending fiduciary duty under state law. READ MORE

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