On Sept. 27, the American Retirement Association Government Affairs Committee filed a comment letter on a proposed regulation that would expand the non-ERISA safe harbor to payroll deduction savings arrangements mandated by the laws of certain political subdivisions within a state.
The IRS has issued publications that provide information and forms relevant to nondiscrimination requirements for DB and DC plans for use during the CYCLE A Submission Period — Feb. 1, 2016 through Jan. 31, 2017.
A new report claims that by 2020, the DOL’s new fiduciary rule will result in a $2 trillion asset shift and roughly $20 billion in lost revenue. But there are winners as well as losers.
In class action suits, plaintiffs’ attorneys generally receive a fee whose amount is contingent on the amount of the verdict or settlement — frequently about a third. What about the excessive fee suits?
It’s not hard to find scary headlines about 401(k)s — seems as though every week you read how people aren’t saving enough, are worried that they aren’t saving enough, aren’t saving enough and aren’t worried that they aren’t saving enough…
In an article that appeared in the Summer 2016 issue of Plan Consultant, David J Witz discusses the increasing importance of technology in TPAs' work to serve their clients.
In most professional sports, the clock — the time remaining in the contest — is a factor (baseball being a notable exception — those nine innings are going to be played, regardless of how long it takes). Retirement also has a clock.
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Copyright 2016 by ASPPA
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