Advisers Can Help Educate on Emergency Savings, Student Loan Debt Matching
Half of employers plan to add emergency savings and student loan debt matching via SECURE 2.0, according to MFS Investment...
Tag: SECURE 2.0
SEC Swing-Pricing Rule Would Make Participants Second-Class Investors
The president and COO of Nationwide Financial argues the rule would be bad for retirement plan and annuity product investors.
Small Business Owners More Likely to Phone a Friend, Not an Adviser
When asked whose counsel they would seek before setting up an employee retirement plan, small business owners prioritized family, friends...
Do Small Business Owners Need Retirement Advisers Too?
Amassing sufficient retirement income and the impact of taxes on retirement savings are small business owners’ top concerns.
Senator Cardin Announces 2024 Retirement
The Maryland senator was a leader in drafting and passing SECURE 2.0 legislation.
Senate HELP Committee Advances Su’s Nomination on Partisan Lines
No floor vote has been scheduled for the confirmation of the acting Secretary of Labor, who faces Republican opposition.
Proposed Bill Would Allow CITs in 403(b) Plans
403(b) plan advisers may have their patience rewarded with a potential bill to allow CITs is on the table.
As SECURE 2.0 Changes Loom, Plan Sponsors Need Prep, Advice
SECURE 2.0 gives advisers ample opportunity to connect with plan sponsors to ensure they are ready for both mandatory and...
Acting Labor Secretary Su Says SECURE 2.0 Guidance Coming in “Timely Manner”
Committee to consider Su's confirmation to replace Marty Walsh, who left the DOL in February.
New Plans Will Need Engaged Advisers for Success in SECURE 2.0 Era
SECURE 2.0 brings opportunity, but also implementation, tracking and administrative questions, according to experts speaking on a PLANADVISER webinar.
Adviser Group Forecasts Federal, Private Plan “Battle” Over US Retirement System
A government-led plan threatens private 401(k) industry, NAPA head tells national conference. A think tank proponent says the plan focuses...
SECURE 2.0’s Disappointments
SECURE 2.0 has a number of issues with it such as its budget myopia and failure to expand access adequately.
AARP, US Chamber Comment on IRS Proposal on Remote Notarization
Thursday was the final day to submit comments on the December 2022 IRS proposal to allow remote notarization for many...
Latino-Owned Businesses May Be Poised for 401(k) Plan Growth
As state mandates for small businesses take hold, industry players see opportunity in reaching the underserved Latino population.
Capital Group: Now is Optimal Time to Sell Retirement Plans
An increasing number of businesses will be starting retirement plans in the wake of the Secure 2.0 Act and state...
Government Plans Face Unique Challenges With SECURE 2.0 Implementation
Catch-ups for those aged 60 to 63 and a mandatory Roth source for HCE catch-ups will be problematic for many,...
Why 529 Education Savings Plans Are More Valuable Than Ever
The SECURE 2.0 Act makes 529s a more appealing investment and potentially an easy financial wellness option for sponsors intimidated...
The PLANADVISER Interview: Aaron Schumm, Vestwell Founder and CEO
The head of the digital 401(k) provider talks about the firm’s dual strategy of arming the private sector—financial advisers—and the...
The Financial Wellness Side of SECURE 2.0
Experts at a PLANADVISER webinar discuss how SECURE can push forward more than just retirement savings.
With SECURE 2.0, the Cash Balance DB Plan May Be Back
Experts at a DB Summit discussed the resurgence of cash balance plans and the advantages of variable benefit plans tied...