Nevin Adams

Nevin Adams

By Nevin Adams 11/22/2017 • 0 Comments

Thanksgiving has been called a “uniquely American” holiday, and though that is perhaps something of an overstatement, it is unquestionably a special holiday, and one on which it seems appropriate to reflect on all for which we should be thankful. READ MORE

By Nevin Adams 11/17/2017 • 0 Comments

Behavioral finance tells us that human beings are prone to relying on heuristics to solve complex problems; survey data and anecdotal evidence suggest that participants often rely on these benchmarks. READ MORE

By Nevin Adams 11/15/2017 • 0 Comments

Late last night, Senate Finance Committee Chairman Orrin Hatch (R-UT) released a modified chairman’s mark for the Tax Cuts and Jobs Act, with — mostly — good news for retirement plans. READ MORE

By Nevin Adams 11/10/2017 • 0 Comments

While tax reform is still very much a work in progress, there was a lot of good news for retirement plans and retirement savers yesterday. But there were also a couple of unwelcome surprises, particularly for 403(b) and 457(b) plans. READ MORE

By Nevin Adams 11/10/2017 • 0 Comments

The Chairman’s Mark of the Senate tax reform proposal throws a few unexpected curves — bringing back problems for deferred compensation plans, introducing some new problems for 403(b) and 457 plans and capping catch-up contributions. READ MORE

By Nevin Adams 11/1/2017 • 0 Comments

Stephen King’s It involves a certain malevolent spirit that rises up every generation, wreaks havoc and feeds on the unsuspecting, before going back into hibernation. Sound familiar? READ MORE

Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams11/21/2017 • 0 Comments

In a big win for the lobbying efforts of the American Retirement Association’s Government Affairs Committee (GAC), the IRS has dropped a series of compliance questions from the 2017 Form 5500. READ MORE

By Nevin Adams11/17/2017 • 0 Comments

The National Association for Fixed Annuities hasn’t had much success thus far in its litigation challenging the Department of Labor’s (DOL) fiduciary regulation — until now. READ MORE

By Nevin Adams11/13/2017 • 0 Comments

A weekend of lobbying on Capitol Hill has yielded some encouraging news on tax reform – but serious problems remain for retirement plans. READ MORE

By Nevin Adams11/10/2017 • 0 Comments

All too often the innovations honored with a Nobel Prize fly under the radar of “regular” Americans. But that wasn’t the case recently when the work of University of Chicago’s Richard Thaler was acknowledged. READ MORE

By Nevin Adams11/7/2017 • 0 Comments

The long-standing dispute over the fiduciary regulation’s anti-arbitration clause has finally drawn to a close – and something of a “win-win.” READ MORE

By Nevin Adams11/6/2017 • 0 Comments

A major – and as yet largely unreported – change in the tax reform bill unveiled last week could have a dramatic impact on nonqualified deferred compensation. 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 Nevin Adams11/2/2017 • 0 Comments

The House GOP tax reform proposal released this morning “makes no changes to the popular retirement savings options that Americans have today – including 401(k)s and Individual Retirement Accounts, or IRAs.” But there are some potential issues. READ MORE

By Nevin Adams11/1/2017 • 0 Comments

Apparently we’ll have to wait another day to find out what House Republicans have in mind for tax reform. READ MORE

Doug Fisher

Doug Fisher

By Doug Fisher11/30/2017 • 0 Comments

Senate Republican leaders are floating the idea of increasing the deduction for qualified business income of pass-through businesses from 17.4% to 20%, which could have consequences for retirement plans sponsored by S Corporation shareholders. READ MORE

Ted Godbout

Ted Godbout

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

John Iekel

John Iekel

John Iekel

By John Iekel11/30/2017 • 0 Comments

A recent blog entry reminds that there are fiduciary considerations associated with offering actively managed accounts in a DC plan. READ MORE

By John Iekel11/30/2017 • 0 Comments

A stolen identity, a few clicks, and there it is — a handsome retirement plan balance, ripe for the picking. A recent blog entry,and the IRS, offer some ideas on how to protect retirement plans from identity theft. READ MORE

By John Iekel11/29/2017 • 0 Comments

PBGC Director Thomas Reeder at a Nov. 29 hearing of the House Education and Commerce Committee’s Subcommitee on Health, Education, Labor and Pensions discussed the status of the Multiemployer Pension Program. READ MORE

By John Iekel11/28/2017 • 0 Comments

There is “work to do in the retirement areas,” House Ways & Means Chairman Kevin Brady (R-TX) said on Nov. 28. READ MORE

By John Iekel11/27/2017 • 0 Comments

The safety net the PBGC provides through its pension plan insurance programs covered more plans and participants in federal fiscal year (FY) 2017, the agency reports. READ MORE

By John Iekel11/27/2017 • 0 Comments

Sen. Sherrod Brown (D-OH) has introduced legislation that would create a Pension Rehabilitation Trust Fund and a Pension Rehabilitation Administration. READ MORE

By John Iekel11/27/2017 • 0 Comments

Conventional wisdom is that leaving employment and drawing from retirement savings could be a recipe to eventual and inevitable penury. But a recent study begs to differ. READ MORE

By John Iekel11/27/2017 • 0 Comments

Required minimum distributions may be among a plan's innocuous responsibilities, but a recent blog entry cautions that one fails to keep them in mind at one’s peril. READ MORE

By John Iekel11/22/2017 • 0 Comments

A recent blog entry discusses the beneficiary options under the RMD regulations that were issued on April 17, 2002, and the importance of the distinctions. READ MORE

By John Iekel11/20/2017 • 0 Comments

First, do no harm. A term commonly applied to the practice of medicine, but a recent blog post by Christopher Carosa applies it to fiduciary practices. READ MORE

By John Iekel11/20/2017 • 0 Comments

The retirement industry is rife with words and terms whose meaning is expanding or shifting, including terms related to DB plans, at least according to Willis Towers Watson. READ MORE

By John Iekel11/16/2017 • 0 Comments

The IRS has updated its Listing of Required Modifications (LRM) and Information Package for defined contribution plans. READ MORE

By John Iekel11/14/2017 • 0 Comments

Ohio Sen. Sherrod Brown (D) plans to introduce a bill intended to protect pension benefits for retirees in multiemployer DB plans. READ MORE

By John Iekel11/14/2017 • 0 Comments

Retirement benefits are on the agenda in the IRS’ recently released 2017-2018 Priority Guidance Plan. READ MORE

By John Iekel11/13/2017 • 0 Comments

A recent blog entry discusses what it can mean for an erstwhile employer when a former employee fails to roll their funds out of the plan into one offered by their new employer or into an IRA. READ MORE

By John Iekel11/13/2017 • 0 Comments

Pension risk transfer is firmly entrenched, and for a variety of reasons. Some recent analyses offer their perspectives on the practice. READ MORE

By John Iekel11/10/2017 • 0 Comments

The belle of the retirement plan participation ball is auto enrollment. And a potent tool it is. But a recent article suggests it may not only be an elixir — it also may cause a delayed hangover. READ MORE

By John Iekel11/3/2017 • 0 Comments

Making one’s voice heard with legislators is more than a fine American tradition — it’s a powerful way to have a real impact. And for more than 15 years, members of ASPPA have been doing just that. READ MORE

By John Iekel11/3/2017 • 0 Comments

The universe of ways retirement plan participants can obtain information keeps expanding. But multiplicity of format does not necessarily translate to better-informed participants, points out a recent blog entry. READ MORE

By John Iekel11/1/2017 • 0 Comments

The technological revolution that has ushered in today’s electronic age is a thing of wonder. But it has also opened the door to theft and abuse of money and information, including from retirement accounts. A recent article discusses what can be done to address the threat. READ MORE

By John Iekel11/1/2017 • 0 Comments

The Oregon Retirement Savings Board has issued a reminder regarding the next registration deadline for OregonSaves and a report on some of the results of the program so far. READ MORE

By John Iekel11/1/2017 • 0 Comments

The IRS has expanded the relief it is providing to victims of Hurricanes Harvey, Irma and Maria and the California wildfires. READ MORE

Andrew Remo

Andrew Remo

By Andrew Remo11/3/2017 • 0 Comments

While much of the focus has been on the potential “Rothification” of 401(k) plans, the Tax Cuts and Jobs Act included a number of other retirement plan-related provisions, including changes that impact hardship withdrawals and loans. READ MORE

ASPPA Net Staff

ASPPA Net Staff

By ASPPA Net Staff11/30/2017 • 0 Comments

Financial wellness programs provide help to participants in achieving their short-, intermediate- and long-term financial objectives — some of that advice is fiduciary and some is not. READ MORE

By ASPPA Net Staff11/29/2017 • 0 Comments

Legislation has been introduced in the U.S. House of Representatives that would boost the cashout limit for retirement plans, which its sponsors say will help make it easier for small businesses to offer retirement plans. READ MORE

By ASPPA Net Staff11/22/2017 • 0 Comments

ASPPA Connect wishes its readers a happy Thanksgiving. ASPPA Connect will not be appearing on Friday, Nov. 24; however, in keeping with the season, here are a few unusual facts about Thanksgiving. READ MORE

By ASPPA Net Staff11/17/2017 • 0 Comments

For the PBGC pension plan insurance programs, the glass was both half full and half empty in federal fiscal year 2017. READ MORE

By ASPPA Net Staff11/16/2017 • 0 Comments

Sales of single-premium pension buy-out products broke records again in the third quarter of 2017, the second consecutive quarter with such results, according to a recent report. READ MORE

By ASPPA Net Staff11/15/2017 • 0 Comments

In a big move for the retirement industry, the Plan Sponsor Council of America (PSCA) will join the American Retirement Association (ARA), under the terms of a combination agreement signed by the Board of Directors of both organizations. READ MORE

By ASPPA Net Staff11/14/2017 • 0 Comments

The vast majority of middle-income workers with access to a workplace plan participate, but income plays a role in how many maximize the match. READ MORE

By ASPPA Net Staff11/9/2017 • 0 Comments

The PBGC has announced that it has reached an agreement that will provide approximately $500 million in funding for Sears’ two pension plans. READ MORE

By ASPPA Net Staff11/9/2017 • 0 Comments

The U.S. Senate is expected to unveil its tax reform package today — could Rothification resurface? READ MORE

By ASPPA Net Staff11/9/2017 • 0 Comments

The Senate Health, Education Labor & Pensions (HELP) Committee will hold a hearing Nov. 15 on a new potential Assistant Secretary of Labor, Employee Benefits Security Administration. READ MORE

By ASPPA Net Staff11/8/2017 • 0 Comments

A high 401(k) plan participation rate is a great thing. But it’s just the beginning. The next step — deciding how those funds will be invested — is critically important in realizing a plan participant’s ability to achieve the goal of a financially secure retirement. READ MORE

By ASPPA Net Staff11/7/2017 • 0 Comments

If past is precedent, then the Labor Department could expect to hear from the Office of Management and Budget (OMB) on its review of its proposed delay in applicability date for parts of the fiduciary regulation in about three weeks. READ MORE

By ASPPA Net Staff11/6/2017 • 0 Comments

The headlines are all about tax reform – but there’s a lot more going on for actuaries and TPAs. Don’t miss your opportunity to get up to speed on the latest and most impact-filled changes at the LA Advanced Pension & 401(k) Conference. READ MORE

By ASPPA Net Staff11/1/2017 • 0 Comments

Fred Reish is worried about your 408(b)(2) disclosures. READ MORE

By ASPPA Net Staff11/1/2017 • 0 Comments

The ASPPA family is saddened to announce that longtime leader G. Patrick Byrnes passed away on Oct. 30, 2017. READ MORE

By ASPPA Net Staff11/1/2017 • 0 Comments

The Federal Bureau of Investigation has raided the offices of Vantage Benefits Administrators “amid concerns that money may be missing from retirement accounts the company manages,” according to the Dallas Morning News. READ MORE