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Creating a plan for retirement can lead to a greater sense of confidence and control, but a new study suggests that a surprising percentage of the general population hasn’t even considered doing so.
In fact, while many say they’ve “thought about it,” only 18% of respondents have created a...
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Plan sponsors and service providers already take seriously their responsibilities to protect participant data, but where are the lines of responsibilities and accountability in the event of a breach?
That was the focus of a workshop at the Plan Sponsor Council of America’s 2019 National Conference...
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Lawsuits have been filed concerning several large corporate pension plans. While those suits involve specific plans, a recent blog entry argues that they have broader implications.
In “The Defined Benefit (DB) Lawsuits: Why There May Be Widespread Implications,” a recent entry in Cammack...
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Over the past decade and change, there have been a number of high-profile excessive fee suits brought against retirement plan fiduciaries, notably the plan committees that oversee these programs. Here’s what your plan committee members should know.
1. Why they are a member of the committee.
Today...
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If your workforce includes recent college graduates, it’s likely that some of them have debt associated with their college years. Student debt may play a large part in the finances of these young (and even not-so-young) employees; that’s why a complete picture of employee financial wellness should...
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Federal scrutiny is a possibility that virtually all plans face — a fact of life that TPAs need to recognize and prepare for. An April 23 ASPPA webinar addressed such investigations.
In “IRS Audits and DOL Investigations of Plans and TPAs.” Fred Reish, a partner at Drinker Biddle & Reath,...
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The Treasury Department and the IRS welcome comments about what should be included in their 2019-2020 Priority Guidance Plan. The plan will identify guidance projects that the Treasury and the IRS intend to work on during the 12-month period from July 2019 to July 2020. They made the announcement...
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The pressure to live a secure retirement has led to some counterintuitive views about just what will help workers get themselves there.
While 66% of American workers are still planning to supplement their personal savings with income from Social Security, 42% also don’t believe Social Security...
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ASPPA is always providing information and insights that will be valuable to its members! Following is a summary of upcoming webcasts and events.
Live Webcasts
ASPPA Webcast: Second Quarter 2019 Washington Update
Wednesday, May 22, 2019
2:00–2:50 p.m. ET
Speaker: Bob Kaplan, Director of...
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Pension plan funding, a perennial issue, was on the rebound as the recovery from the Great Recession took hold, but recent volatility in the financial markets compromised that improvement for many plans. A recent paper argues that one of the keys to buttressing a pension plan’s funding lies in its...
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