A provision of the Savings Recovery Act of 2009 (H.R. 2021) would extend the suspension of required minimum distribution (RMD) requirements through 2012.
The newest U.S. senator—Al Franken (D-Minnesota)—will help ponder significant reforms in both the pension and health care arenas when he formally takes his seat in the chamber.
A closely watched U.S. House bill mandating comprehensive 401(k) fee disclosures and dealing with plans providing investment advice made it out of committee on Wednesday.
The House Subcommittee on Health, Employment, Pensions and Labor has approved the 401(k) Fair Disclosure for Retirement Security Act (H.R. 1984) and the Conflicted Investment Advice Prohibition Act...
U.S. Representative Richard Neal (D-Massachusetts) has introduced legislation that would require administrators of 401(k) plans to provide plan participants with detailed fee and investment disclosures.
Deferred compensation plans are getting squeezed—along with every other aspect of executive compensation—but still can provide opportunities for advisers
California’s Assembly voted 42 to 28 for the California Public Employees' Retirement System (CalPERS) to oversee a separate and voluntary investment program for private workers.