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Multiple employer plans (MEPs) continue to generate plenty of discussion.The reason is the Small Business Employees Retirement Enhancement Act, introduced earlier this month by Sen. Tom Cotton (R-AR), which includes provisions regarding so-called “open” MEPs, a type of employee benefit plan that... READ MORE
While the vast majority of active retirement savers agree that accumulating enough savings is an important factor in their ability to retire comfortably, a significant subset is worried they’re already too far behind to reach their goals, a new study finds.According to Allianz Life’s Chasing... 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
Long-term financial security is an ultimate goal of any retirement plan and account. And as average lifespans grow, the term “long-term” takes on heightened importance. Thus the rise of retirement income solutions that seek to help provide financial resources for a lifetime. But a retirement plan... READ MORE
The American Retirement Association has weighed in on the SEC’s Regulation Best Interest proposal.Overall, the ARA’s Aug. 3 comment letter commends the commission’s efforts to tailor the proposed rules to “preserve investor choice with regard to business models and compensation practices in a... READ MORE
Join us for the 10th Annual Cincinnati ASPPA Regional Conference on Nov. 12-13, 2018. Register now to save $100 off the regular registration fee. Registration materials can be found at http://aspparegionals.org/ and hotel reservations may be made at https://book.passkey.com/event/49638425/owner/... READ MORE
Things continued to heat up in July for those average 401(k) balances.According to estimates from the nonpartisan Employee Benefit Research Institute (EBRI) based on the actual contribution records and investment choices of several million consistent participants in the EBRI/ICI database, the... READ MORE
OregonSaves, the state-sponsored auto-IRA program for private-sector workers in the Beaver State, may expand the savings options available to those workers. A report issued Aug. 1 by the office of Oregon State Treasurer Tobias Read indicates that on July 18 the state Treasury began a new round of... READ MORE
Summer can be a great time to catch up on continuing education credits — and ASPPA has plenty of easy-to-access alternatives. We’ve got great information on compelling topics — and you can do it all without leaving your desk (or hammock). Upcoming Live Webcasts August 29 — How a Defined Benefit... READ MORE
Bipartisan legislation has been introduced in the U.S. Senate that would expand the ability of certain retirement plan sponsors to correct inadvertent compliance errors under the IRS’ Employee Plan Compliance Resolution System (EPCRS). The bipartisan duo of Sens. Rob Portman (R-OH) and Ben Cardin... READ MORE

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