Portability a Key Component of President's Retirement Initiatives
Retirement industry providers and others applaud the initiatives announced this week.
Tag: Legislation
Concerns Expressed About State-Run Retirement Plans
The ARA and Voya Financial call on the DOL to offer similar relief to private-sector retirement plans as it proposes for state-run plans for private-sector employees.
New Legislation Provides Opportunities for Church Plans
While the ability to implement auto enrollment will provide an immediate opportunity for church plan sponsors to improve participant outcomes, other parts of recently passed legislation also warrant...
State of the Union Underscores Health-Retirement Link
President Obama’s speech to the nation on Tuesday focused more on health care than retirement benefits—neither was a major discussion point—but there was still plenty of food for...
Auto Enrollment, Collective Trusts Allowed for Church Plans
Part of the budget deal passed by President Obama includes legislation for church plans for which lawmakers have repeatedly pushed.
N.J. Employers Could Be Forced to Provide Retirement Accounts
New Jersey is the latest state to make a move toward a state-run retirement plan for private-sector workers.
New Law Expands Allowable Rollovers to SIMPLE Plans
It also expands the exceptions for the 10% additional income tax on distributions for those younger than 59-1/2.
After Nearly 10 Years of PPA, What Has Changed?
Callan’s DC practice lead looks back over a decade of industry development post Pension Protection Act.
Post Budget Act Stumble, Congress Tries Again to Impact Fiduciary Rule
It’s a particular skill of Congress to make the improbable appear promising—whether it comes to overturning the Affordable Care Act or, as was the case this week, delaying...
IRS Releases 2015 Cumulative List
The list of changes in plan qualification requirements is used by retirement plan sponsors and practitioners submitting determination letter applications for their plan documents.
Congress Fails in Effort to Slow Fiduciary Rule Process
In the end, none of the various proposals moving in Congress around the omnibus appropriation budget deal regarding the fiduciary rule were included.
New Bill Would Help Women's Retirement Outlook
The Women’s Pension Protection Act increases spousal protections and improves retirement plan coverage for long-term part-time workers.
Changes ‘Could Happen Soon’ to Fiduciary Rule
Lawmakers and industry reps are concerned with where the proposal is heading, what’s in it and how fast it’s moving.
intro
A Look Back at 2015
When you think back on 2015 and what happened in the retirement plan industry, what will come to mind?
Coalition Tells Congress to Stop Trying to Thwart DOL Rule
Staunchly supporting the DOL’s fiduciary proposal, the Financial Planning Coalition calls out recent legislative stall tactics.
Changes DB Plan Sponsor Clients Would See with Budget Bill
The Bipartisan Budget Act of 2015 includes some good news about funding calculations and mortality tables, but there is some bad news in it too.
Mortality Bonus and PBGC Premiums Strain DBs
It’s happened before and it will happen again—a hike in PBGC premiums and shifting SOA mortality projections have materially raised the cost of running a pension plan.