Compliance September 5th, 2023 Employee Fiduciary LLC Calls On DOL to Improve 401(k) Fee Transparency The small business retirement plan advisory provided three recommendations to improve participant fee awareness.
Compliance August 29th, 2023 Advisers: Roth Catch-Up Extension Welcome, Clarity Still Needed Retirement plan advisers were happy to tell plan sponsors about the two-year Roth catch-up extension. But the hard work isn’t...
Compliance August 26th, 2023 IRS Extends Roth Catch-up Contribution Deadline The IRS extended the requirement by two years to 2026 so that any catch-up contributions from higher income earners must...
In Practice August 22nd, 2023 With Roth Use Set to Grow, Vanguard Stresses Participant Education The firm’s retirement head says its plan sponsor clients are ready for implementation, but participants can use more information.
Deals & People August 18th, 2023 The PLANADVISER Interview: David Musto, Chair and CEO, Ascensus The head of Ascensus discusses the importance of partnering with advisers to foster innovation in the retirement plan space.
Compliance August 11th, 2023 DOL Seeks Comment on Select SECURE 2.0 Enactments From PEPs to emergency savings accounts, the DOL’s EBSA is welcoming input on changes and revisions to retirement plan administration.
Products August 2nd, 2023 Paychex PEP Doubles in Past Year, Driven by Small Plan Startups The payroll and small 401(k) provider has signed 25,000 plans to its PEP.
Practice Management August 1st, 2023 Stumbling Blocks for 401(k) Startups Small plan options abound for employers, so why do only 34% of small businesses offer workplace retirement plans?
Compliance July 17th, 2023 IRS Issues RMD Relief Related to SECURE Rules The IRS notice provides additional time to rollover mistaken required minimum distributions as well as RMD relief for IRA beneficiaries.
Compliance July 12th, 2023 Insurance Group Calls On White House to Support More Retirement, Annuity Legislation The IRI wrote to the Biden administration in the hopes it will back retirement legislation that paves the way for...
Products July 5th, 2023 PEP Growth Slows as Startups Fold An IRS clarification that expanded audits for PEPs may be a factor for some providers in leaving the market.
Client Service June 28th, 2023 Vestwell Expands MEP and PEP Solutions Vestwell's new offerings include a range of “affordable 401(k) plan options” for advisers to provide small and medium-sized business clients.
Roundtable SECURE 2.0 Insecurities 3 experts cite clients’ biggest concerns about the new retirement act.
Compliance June 23rd, 2023 American Benefits Council: Roth Catch-ups Can’t Be Done in Time The new mandatory Roth treatment for certain catch-ups introduced by SECURE 2.0 continues to concern retirement professionals.
In Practice June 21st, 2023 New 401(k) Plan Market Offers ‘Blue Ocean’ for Retirement Advisers Vestwell’s director of plan design makes the case for advisers to work on small plans, while Sallus Retirement growth officer...
Data & Research June 15th, 2023 Great Resignation Drives 20% Jump in Forgotten 401(k) Accounts The left-behind 401(k) accounts are estimated to hold about $1.65 trillion in assets, as of May.
Compliance June 15th, 2023 DOL Says to Expect Fiduciary Proposal in August The new rule would seek to redefine when investment advisers for plans and IRAs are 3(21) fiduciaries.
Data & Research June 15th, 2023 Auto Enrollment Drives Record Plan Participation, Vanguard Reports After adoption of automatic enrollment increased consistently over 15 years, plan participation reached a record high in 2022.
Products June 15th, 2023 Betterment Launches 529 Education Savings Solution Users will be able to view their education savings alongside their other investments in one dashboard.