Technical Resources

Technical Resources covers the nuts and bolts of the retirement plan market, focusing on IRS and DOL regulations, ERISA litigation, fiduciary governance and more.

 

 


Technical Resources

Technical Resources

By ASPPA Net Staff6/26/2015 • 0 Comments

The DOL rule that went into effect June 17 containing fiduciary requirements for disclosure in participant-directed individual account plans has built in two additional months in which to provide the information. READ MORE

By ASPPA Net Staff6/26/2015 • 0 Comments

The Senate Appropriations Committee on June 25 in a 16-14 vote approved the fiscal year 2016 Labor, Health and Human Services (LHHS) funding bill, which denies funding that would enable the Department of Labor to implement the fiduciary rule. READ MORE

By ASPPA Net Staff6/26/2015 • 0 Comments

For the first time in more than a decade, the IRS has published an update for its Audit Technique Guide for Nonqualified Deferred Compensation Plans. READ MORE

By ASPPA Net Staff6/25/2015 • 0 Comments

Appropriations subcommittees on Capitol Hill — in the House and now in the Senate — have taken a shot at blocking the Labor Department’s fiduciary proposal by denying funding for the measure.
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By ASPPA Net Staff6/24/2015 • 0 Comments

The public comments the Department of Labor is receiving on its proposed fiduciary rule already are having an effect, Labor Secretary Thomas Perez said at June 23 Brookings Institution forum in Washington, D.C. READ MORE

By ASPPA Net Staff6/22/2015 • 0 Comments

The IRS in Revenue Procedure 2015-34 has provided procedures by which multiemployer defined benefit plans that are in critical and declining status may apply for approval to suspend benefits. READ MORE

By ASPPA Net Staff6/19/2015 • 0 Comments

The PBGC on June 19 issued an interim regulation that makes it possible for multiemployer pension plans to apply for PBGC help in funding a portion of their benefit liabilities in order to remain solvent. READ MORE

By Nevin Adams6/18/2015 • 0 Comments

A House bill would stop the Department of Labor’s fiduciary proposal by cutting off funding to implement the measure. READ MORE

By John Iekel6/18/2015 • 0 Comments

The June 17 Health, Employment, Labor and Pensions Subcommittee hearing provided ample illustration that the debate on the Department of Labor’s fiduciary proposal is far from over. READ MORE

By ASPPA Net Staff6/16/2015 • 0 Comments

The Department of Labor will hold hearings on the fiduciary proposal Aug. 10-12, and will accept comments on the proposed rule and exceptions through July 21. READ MORE

By ASPPA Net Staff6/11/2015 • 0 Comments

ASPPA’s Government Affairs Committee has filed comments with the Office of Management and Budget to express concern about the IRS estimates of the cost burdens associated with new questions on the 2015 Form 5500 series, including the new Form 5500-SUP. READ MORE

By ASPPA Net Staff6/11/2015 • 0 Comments

The Department of Labor intends to finalize its re-proposed rule defining a fiduciary in May of next year, Groom Law Group Chairman Steve Saxon said on June 8.
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By ASPPA Net Staff6/10/2015 • 0 Comments

The Internal Revenue Service has provided a new, permanent program for late filing Form 5500-EZ. READ MORE

By ASPPA Net Staff6/10/2015 • 0 Comments

The IRS has updated guidance on master and prototype, and volume submitter, plan applications for opinion and advisory letters.
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By ASPPA Net Staff6/8/2015 • 0 Comments

Bipartisan legislation introduced in the U.S. House of Representatives June 4 would allow pension plan participants to be automatically opted in to electronic delivery of documents. READ MORE

By ASPPA Net Staff6/5/2015 • 0 Comments

Despite growing concerns about leakage from retirement plans, a new survey suggests that Americans aren’t very familiar with various distribution options. READ MORE

By John Iekel6/5/2015 • 0 Comments

The Pension Benefit Guaranty Corporation paid $5.4 billion in benefits to 842,000 retirees nationwide in 2014, it has reported; it also has broken down that data by state. READ MORE

By ASPPA Net Staff6/5/2015 • 0 Comments

A majority of households age 55 and older do not have retirement savings, according to a recently released study by the Government Accountability Office.
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By ASPPA Net Staff6/4/2015 • 0 Comments

Three dozen individuals and organizations submitted comments on the Department of Labor’s April 14 fiduciary proposal during the first month of the comment period. READ MORE

By ASPPA Net Staff6/4/2015 • 0 Comments

House Education and the Workforce Committee Chairman John Kline (R-Minn.) and Health, Employment, Labor and Pensions Subcommittee Chairman Phil Roe (R-Tenn.) in a June 2 letter to Labor Secretary Perez again asked for more information concerning the DOL’s fiduciary proposal. READ MORE

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