SECURE 2.0: Provisions, Mandates and Uncertainties
Experts review the road map for current and upcoming dates of the retirement legislation.
Tag: retirement plan legislation
BlackRock Changes Up Public Policy Team
Samantha DeZur will now head U.S. division of team focused on public policies regarding investors’ long-term interests.
NAGDCA: Roth Catch-Ups Will Be Major Issue for Government Plans
This is the second time in three months the advocacy group has warned federal regulators and appealed for assistance.
As US Awaits Biden Veto to Keep ESG Rule, Advisers Shrug
Much ink has been spilled over legislation to overturn a DOL rule that allows ESG investing in retirement plans. Plan...
Compliance News
Legislative and Judicial Actions
The DOL updates auditor independence rules; the IRS extends plans’ amendment deadlines for certain CARES Act and Tax Relief Act...
IRS Extends Plan Amendment Deadlines for CARES Act Provisions
Deadlines have also been extended to amend plans for certain provisions of the Taxpayer Certainty and Disaster Tax Relief Act.
Senator Calls for Confirmation Vote on Assistant Secretary of Labor Nominee
Senator Patty Murray takes the 48th anniversary of ERISA to emphasize the importance of having a proper secretary to oversee...
IRS Extends Plan Amendment Deadlines for SECURE Act Provisions
Deadlines have also been extended to amend plans for certain provisions of the Miners Act and the CARES Act.
A Capitol Hill Update With SSGA’s Melissa Kahn
The leader of State Street Global Advisors’ public policy work says there is significant momentum building in Congress behind another...
Senators Introduce Bill to Make Auto-Portability Standard
Backers of the new bill say the legislation would cut red tape and help Americans who change jobs frequently keep...
Significant Retirement Bill Moves Forward in Senate
Sources say the Senate HELP Committee’s measure, called the RISE & SHINE Act, is expected to be combined with a...
RISE & SHINE Act Markup Scheduled
Lawmakers will convene an executive session to mark up the RISE & SHINE Act on June 14, according to a spokesman from the Senate...
House Easily Passes the Securing a Strong Retirement Act
The landmark retirement legislation passed the House by a margin of 414 to 5, setting the stage for debate and passage by the Senate.
Bill To Protect U.S. Investor Assets From Russia Exposure
American retirement investors and individuals saving for retirement could be harmed by economic spillover of war in Ukraine, senator warns
Lawmakers Debut Pension Tracker Showing Rescued Plans
Legislation passed last year allows multiemployer plans in danger of becoming insolvent to apply for funds to cover participant benefit...
Legislators Introduce Bicameral Auto Re-Enroll Legislation
The bill would prompt employees who initially opt out of a retirement savings plan to reconsider every three years.
New Bill Would Allow Faster Access to Retirement Accounts After Disasters
The legislation would allow survivors to withdraw $100,000 without fees or penalties.
House Committee Advances Bill With Various Retirement Plan Provisions
The RISE Act would increase automatic cashout limits, enable employers to offer small financial incentives for retirement plan participation and...
IRS Summarizes Retirement Plan Hardship Withdrawal Rules
An updated Issue Snapshot reflects changes made by the Bipartisan Budget Act of 2018 and subsequent IRS regulations.
New Bill Aims to Solve for the Retirement Plan Coverage Gap
The Portable Retirement and Investment Account Act of 2021 would create accounts for people soon after they are assigned a Social Security number that they could contribute to...