April Fools Day is not far off, but the joke's on a plan that forgets the April 1 deadline for the first RMD to terminated vested participants who attained age 70½ in 2017 and to participants older than age 70½ who retired in 2017.
Concerned that the Labor Department’s fiduciary rule could be pared back, Maryland is considering extending fiduciary duty under state law.
In a Feb. 21 letter to Acting IRS Commissioner David Kautter, Rep. Richard Neal (D-MA) has requested that the IRS reevaluate the new VCP user fees announced earlier this year.
In a 2017 report, a survey of 1,600 workers found that 53% are feeling financial stress, which results in negative impacts that impose costs on employers because of its effects on employees.
Updated data from government filings finds that plans, participants and benefits all increased between 2014 and 2015 — but for the first time since 2008, total amount of assets held by pension plans decreased.
In a recent blog post, Fred Reish focuses on the issue of “reasonable compensation” and what, if any, changes will be made to that requirement.
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