The Government Accountability Office recommends that DOL require plan sponsors to notify the agency when they implement lump sum windows, and coordinate with Treasury to clarify guidance on the information sponsors provide participants.
The recent White House budget proposal sets aside $6.5 million in funding for the Department of Labor, along with waiver authority, to support state efforts to implement state-based 401(k)-type programs or automatic enrollment IRAs.
If you are not a Business Managers and Owners Council member you really need to consider becoming one.
A 401(k) revenue-sharing lawsuit finally got its day before the U.S. Supreme Court.
Even as the economy has bounced back from the dark days in the late 2000s, an overwhelming number of working-age Americans still have concerns about their finances.
ASPPA CEO and Executive Director Brian Graff has warned that the fiduciary rule reproposal could have serious and negative consequences.
ASPPA’s Government Affairs Committee recently filed comments with the IRS regarding proposed changes to IRS Form 5500.
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The materials contained herein are intended for instruction only and are not a substitute for professional advice.