Ted Godbout

The Department of Labor (DOL) recently announced the creation of a new Office of Compliance Initiatives (OCI) to promote greater understanding of federal labor laws and regulations, including those involving retirement security, health, and other employee benefits. Established within the Office of... READ MORE

  Following a day-long and occasionally contentious markup session, on Sept. 13 the House Ways & Means Committee approved on party-line votes three tax bills as part of the Tax Reform 2.0 push – one of which focuses on retirement savings. The Family Savings Act (H.R. 6757), which draws... READ MORE

Concerns about student debt and its impact on the finances and retirement savings of workers has spurred interest in student loan repayment programs. For the past couple of years, there have been growing calls to make it easier to save for retirement while simultaneously paying off student loans.... READ MORE

Building on last year’s Tax Cuts and Jobs Act (TCJA), House Ways and Means Committee Chairman Kevin Brady (R-TX) has released a preview of Tax Reform 2.0 – and it contains retirement-related provisions. On Sept. 6, Brady released three one-page previews of the second round of tax cuts initiative... READ MORE

Witnesses at a U.S. Senate hearing addressed industry efforts to improve financial literacy and offered a number of policy solutions to alleviate financial stress and improve retirement security.The Aug. 21 hearing by the Senate Health, Education, Labor & Pensions (HELP) Subcommittee on Primary... READ MORE

Concerns about increasing health care costs and the potential to outlive savings are dampening employers’ confidence in their employees’ retirement futures, new survey results show.Nearly half of nonprofit and corporate, for-profit employers are only “somewhat confident” in their employees’... READ MORE

A majority of DC plan participants want the help of an expert in managing retirement assets, but many still stop short of wanting employers to choose their investments for them, new survey results show.According to J.P. Morgan’s 2018 Defined Contribution Plan Participant Survey, more than half of... READ MORE

While interest surrounding financial wellness programs appears to be growing in the workplace, there continues to be a lack of understanding about the value they deliver to both employers and employees, according to a recent report. In “Assessing the Merits and Challenges of Financial... READ MORE

Conventional wisdom suggests that chances are slim that retirement policy legislation will be enacted in the remaining days of the legislative calendar going into the mid-term elections, but this year might be different. The Senate currently remains in session, but the House has adjourned for its... READ MORE