Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams, Ted Godbout11/3/2017 • 0 Comments

House Republican leaders on Nov. 2 released their much-anticipated tax reform plan that left 401(k)s and IRAs alone, but contained a number of proposals to modify various pension and retirement savings provisions. READ MORE

Ted Godbout

Ted Godbout

By Ted Godbout12/14/2017 • 0 Comments

Bipartisan legislation that would allow for electronic delivery of pension and retirement plan information was introduced in the U.S. House of Representatives Dec 11. READ MORE

By Ted Godbout12/13/2017 • 0 Comments

Americans rate the tax incentives for employer-sponsored retirement savings and health insurance coverage as the most important tax benefits compared to other popular deductions and incentives, according to new polling data. READ MORE

By Ted Godbout12/12/2017 • 0 Comments

House Ways & Means Committee Chairman Kevin Brady (R-TX) has announced that House and Senate conferees will hold an open meeting on Dec. 13 to begin reconciling the chambers’ versions of tax reform. READ MORE

By Ted Godbout12/5/2017 • 0 Comments

A key House Democrat introduced two bills on Dec. 1 that seek to implement automatic 401(k)s and simplify administration and improve retirement savings opportunities across the spectrum of plans. READ MORE

By Ted Godbout12/4/2017 • 0 Comments

After a long and sometimes heated debate, the Senate took a major step toward enactment of landmark tax reform legislation, approving its version of the Tax Cuts and Jobs Act (H.R. 1) at nearly 2:00 a.m. Saturday, Dec. 2. READ MORE

By Ted Godbout12/1/2017 • 0 Comments

Late Thursday, the Senate was nearing the end of debate on its tax reform legislation, but it appears the chamber must first address concerns about the federal budget deficit voiced by certain senators. READ MORE

By Ted Godbout11/28/2017 • 0 Comments

An 18-month extension of the transition period for the Prohibited Transaction Exemption (PTE) amendments and applicability dates for the Department of Labor’s fiduciary rule has been finalized. READ MORE

By Ted Godbout11/27/2017 • 0 Comments

As employees are asked to take on more responsibility for managing and financing their benefits, new research shows that employees want and need help making better decisions about their benefits. READ MORE

By Ted Godbout11/27/2017 • 0 Comments

American consumers apparently hold negative views of being in debt during retirement, even for so-called “good” debt, according to a new report. READ MORE

By Ted Godbout11/27/2017 • 0 Comments

As we all emerge from our turkey-induced food coma, all eyes will now be on the U.S. Senate, as Congress returns from its Thanksgiving break to make the final push to approve tax reform by the end of the year. READ MORE

By Ted Godbout11/22/2017 • 0 Comments

Several years ago the DOL sought to improve retirement plan fee disclosures, but new research suggests many workers are not reading plan disclosures and are unfamiliar with fees being charged for managing their funds. READ MORE

By Ted Godbout11/22/2017 • 0 Comments

While much of our focus on the current House and Senate tax bills has been on the retirement-related provisions, there are a number of provisions worth noting that would alter the existing tax treatment of executive compensation and various other compensation and benefit provisions. READ MORE

By Ted Godbout11/17/2017 • 0 Comments

Current measures of the adequacy of retirement income provide diverse answers about the state of retirement income security in the U.S., but what is the correct level? READ MORE

By Ted Godbout11/17/2017 • 0 Comments

On Capitol Hill on Nov. 16 both the House and Senate took major steps toward completing the much-anticipated tax reform overhaul. READ MORE

By Ted Godbout11/16/2017 • 0 Comments

While all eyes have been on the latest tax reform changes, there were two important hearings taking place on Capitol Hill Nov. 15 concerning the Department of Labor. READ MORE

By Nevin Adams, Ted Godbout11/3/2017 • 0 Comments

House Republican leaders on Nov. 2 released their much-anticipated tax reform plan that left 401(k)s and IRAs alone, but contained a number of proposals to modify various pension and retirement savings provisions. READ MORE

By Ted Godbout11/1/2017 • 0 Comments

While many are likely aware that the Best Interest Contract Exemption (BICE) requires satisfaction of three impartial conduct standards, there is a fourth, less well known requirement. READ MORE

By Ted Godbout11/1/2017 • 0 Comments

In a preemptive move against retirement provisions in the forthcoming House Republican tax reform plan, Senate Democratic leaders on Oct. 31 unveiled an alternative proposal that would increase 401(k) contribution limits. READ MORE

By Ted Godbout10/30/2017 • 0 Comments

According to new research, the average account balance among consistent 401(k) participants at year-end 2015 was almost double the average account balance among all participants in the database. READ MORE

By Ted Godbout10/30/2017 • 0 Comments

The results of a new study make it clear that having access to a 401(k) plan is critical in helping workers get on a path to having a secure retirement. READ MORE

By Ted Godbout10/30/2017 • 0 Comments

If last week’s volley between President Trump and House Ways and Means Committee Chairman Kevin Brady (R-TX) over the potential Rothification of 401(k)s has you perplexed, rest assured, we should have some initial answers this week. READ MORE

By Ted Godbout10/27/2017 • 0 Comments

Pew Charitable Trusts has issued a new report on worker perspectives on barriers to saving and the results suggest, not surprisingly, that access to an employer-sponsored plan is key. READ MORE

By Ted Godbout10/27/2017 • 0 Comments

The GAO is recommending that Congress consider establishing an independent commission to examine the U.S. retirement system and offer recommendations to clarify key policy goals. READ MORE

By Ted Godbout10/23/2017 • 0 Comments

Previous regulatory actions by the Department of Labor have made open multiple employer plans a less attractive option for employers, but legislative fixes proposed by Congress could significantly improve the overall appeal of MEPs, a speaker explained at ASPPA’s 2017 Annual Conference. READ MORE

By Ted Godbout10/18/2017 • 0 Comments

Baby Boomers are exhibiting a stronger sense of financial preparedness and confidence, according to a recent study that explores generational perceptions of retirement readiness. READ MORE

By Ted Godbout10/13/2017 • 0 Comments

A series of structural and administrative changes to the Saver’s Credit would make the program less complex and more likely to achieve its intended goal of encouraging low- and moderate-income workers to save for retirement, according to a new report. READ MORE

By Ted Godbout10/11/2017 • 0 Comments

A published report says the Trump administration is prepared to nominate a new Assistant Secretary for the Department of Labor’s Employee Benefits Security Administration (EBSA). READ MORE

By Ted Godbout10/10/2017 • 0 Comments

A positive economic outlook and anticipated sales growth have small business owners considering increases in contributions to their retirement plans, says an annual survey. READ MORE

By Ted Godbout10/6/2017 • 0 Comments

Suggesting that it’s time to change the ROI conversation with respect to financial wellness programs, a recent paper contends that a more effective way to prove a program’s value is by measuring employee engagement. READ MORE

By Ted Godbout10/2/2017 • 0 Comments

To help plan sponsors insure their employees’ data is protected within their retirement plan, new best practices for reporting cybersecurity capabilities to plan sponsors and plan consultants have been developed by the SPARK Institute. READ MORE

By Ted Godbout9/29/2017 • 0 Comments

Retirement industry leaders appearing at a recent Capitol Hill event generally agreed that building on the existing system would dramatically improve the retirement readiness of Americans throughout the country. READ MORE

By Ted Godbout9/28/2017 • 0 Comments

DC plans measured as part of the Callan DC Index realized a “healthy” 3.06% in return growth during the second quarter of 2017. READ MORE

By Ted Godbout9/28/2017 • 0 Comments

Rep. Ann Wagner (R-MO) introduced legislation on Sept. 27 that would repeal the Department of Labor’s (DOL) fiduciary rule and create a new standard of conduct for brokers and dealers. READ MORE

By Ted Godbout9/25/2017 • 0 Comments

Congress has released draft legislation consistent with recent American Retirement Association recommendations to expand access by victims of recent hurricanes to their 401(k) and similar plans without penalties and taxes. READ MORE

By Ted Godbout9/22/2017 • 0 Comments

The American Retirement Association is urging Congress to approve legislation providing victims of Hurricanes Harvey, Irma and Maria access to their 401(k) and similar plan savings without incurring IRS penalties and taxes. READ MORE

By Ted Godbout9/21/2017 • 0 Comments

Incorporating good DC plan design and financial wellness programs can help women establish a secure retirement, panelists suggested at a recent policy forum. READ MORE

By Ted Godbout9/21/2017 • 0 Comments

A new report indicates that retiree health care expenses will not only continue to increase, but will do so at triple the current rate of inflation for the foreseeable future. READ MORE

By Ted Godbout9/15/2017 • 0 Comments

As stock values rose during the first quarter, most DC plan participants continued with their asset allocations and contribution levels, and maintained low withdrawal activity, says the Investment Company Institute (ICI). READ MORE

By Ted Godbout9/15/2017 • 0 Comments

Amid all of the recent talk about Rothification, Cerulli Associates has come out with a report showing that only one-third of DC plan participants can correctly identify the benefits of Roth contributions. READ MORE

By Ted Godbout9/15/2017 • 0 Comments

While estimates of the size and growth of “gig employment” vary, there are signs that it is here to stay, even though it may destabilize personal financial security, a new survey shows. READ MORE

By Ted Godbout9/15/2017 • 0 Comments

Millennials are saving early for retirement, but they also have higher expectations that employers should offer access to a retirement plan and socially responsive investments, says a recent survey. READ MORE

By Ted Godbout9/8/2017 • 0 Comments

In a recent LIMRA study, the top two reasons retirement investors gave for selecting another company to manage their IRAs were relationships and recommendations. READ MORE

By Ted Godbout9/8/2017 • 0 Comments

A population with more retirees than workers will reduce the demand for and increase the supply of savings, putting downward pressure on investment returns, according to a compilation of research reviewed in a recent issue brief. READ MORE

By Ted Godbout9/5/2017 • 0 Comments

The House and Senate returned Sept. 5 from a month-long break facing an extremely busy legislative calendar. READ MORE

By Ted Godbout9/5/2017 • 0 Comments

A recent study projects the average amount a 65-year-old couple retiring this year will need to cover medical expenses (in today’s dollars) throughout retirement. READ MORE

By Ted Godbout8/21/2017 • 0 Comments

The Pew Charitable Trusts in a recent report found strong support among small and mid-size businesses for automatic IRA programs, multiple employer plans (MEPs) and online marketplaces. READ MORE

By Ted Godbout8/18/2017 • 0 Comments

Financial stress and everyday money matters are hindering Americans’ retirement savings efforts and affecting the job performance of many employees, a new nationwide survey reveals. READ MORE

By Ted Godbout8/15/2017 • 0 Comments

Compliance with the DOL's fiduciary rule has reduced access to brokerage advice services and choice, cost billions, and disrupted retirement savers, says a new study. READ MORE

By Ted Godbout8/11/2017 • 0 Comments

Prior to departing for their summer breaks, House and Senate GOP leaders indicated that they plan to pivot from repealing and replacing Obamacare to making enactment of broad-based tax reform their number one priority.
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By Ted Godbout8/8/2017 • 0 Comments

The number of new cash balance plans adopted by employers increased by 17% — rising to 17,812 active plans — in 2015, according to new research by Kravitz, Inc. READ MORE

By Ted Godbout8/6/2017 • 0 Comments

Adoption of simplified features in Bank of America Merrill Lynch’s proprietary DC plans, along with making education and other resources more accessible, has fueled steady growth in employee engagement and plan enrollment, the firm reported recently. READ MORE

By Ted Godbout8/5/2017 • 0 Comments

Americans reportedly are enjoying their highest levels of personal satisfaction since the fourth quarter of 2006, according to the American Institute of CPAs’ “Personal Financial Satisfaction Index." READ MORE

By Ted Godbout7/28/2017 • 0 Comments

Survey results from LPL Financial suggest that well-targeted tax incentives for starting a retirement plan or automatically enrolling employees may motivate small businesses to adopt and enhance a plan. READ MORE

By Ted Godbout7/27/2017 • 0 Comments

A new report finds that 55% of DC plan sponsors indicate they are likely to stop offering their plan in favor of in a state-run plan if one is available. READ MORE

By Ted Godbout7/18/2017 • 0 Comments

To help prevent retirement plan cashout leakage when workers change jobs, 11 Senators sent a letter to Labor Secretary Acosta asking the DOL to issue guidance clarifying the application of ERISA to auto portability features. READ MORE

By Ted Godbout7/18/2017 • 0 Comments

Employees are increasingly looking to their employers for financial support and believe that employers also have a responsibility for their health and well-being. READ MORE

By Ted Godbout7/17/2017 • 0 Comments

Regardless of income level, most respondents in a new survey say they are behind in retirement prep and want to learn about retirement savings and personal financial management. READ MORE

By Ted Godbout7/14/2017 • 0 Comments

Witnesses at a House Financial Services subcommittee hearing largely supported a bill to repeal the current DOL fiduciary rule and direct the SEC to take the lead in regulating the standards of care for investment advice. READ MORE

By Ted Godbout7/11/2017 • 0 Comments

“Too expensive to set up” or “my organization does not have the resources” are the top reasons small to midsize businesses cite for not offering a retirement plan, says Pew Charitable Trusts. READ MORE

By Ted Godbout6/28/2017 • 0 Comments

Finding more holistic, intertwined financial management solutions to help Millennials tackle their student loan debt and assist them in saving more effectively for retirement was a key takeaway at a June 21 forum sponsored by the Women’s Institute for a Secure Retirement (WISER). READ MORE

By Ted Godbout6/21/2017 • 0 Comments

DC plans were on the receiving end of strong market performance during the first quarter of this year, rising 4.67%, its highest quarterly return since year-end 2013, according to the latest Callan DC Index. READ MORE

By Ted Godbout6/15/2017 • 0 Comments

Many are not taking all of the steps they need to prepare for retirement and are relying on uncertainties like receiving an inheritance, says a recent survey by Natixis Global Asset Management. READ MORE

By Ted Godbout6/13/2017 • 0 Comments

The vast majority of DC plan participants continued making contributions in 2016 and most “stayed the course” with their asset allocations, according to a recent Investment Company Institute study. READ MORE

By Ted Godbout6/9/2017 • 0 Comments

The House approved legislation on June 8 that seeks to repeal major provisions of the Dodd-Frank Act, as well as the DOL’s now-effective fiduciary rule. READ MORE