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After months of anticipation, the Department of Labor (DOL) will release a new version of its proposed fiduciary rule for public comment on Oct. 31.
The announcement will be made during a ceremony at the White House scheduled for 3:30 that afternoon. The President will attend, an indication of...
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M&A expert Peter Campagna, Managing Partner at Wise Rhino Group, has a list of common emotions that advisors face when they decide to sell their business.
“Fully 80% of M&A is managing emotions,” Campagna says. “The...
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Required minimum distributions (RMDs) are among the many plan features affected by laws enacted and regulations issued in the last few years. An Oct. 24 session of the ASPPA Annual conference held at National Harbor addressed some of the consequences of those changes.
In “Participant Journey: Let...
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To encourage so-called micro-businesses with less than 10 employees to adopt retirement plans, a bipartisan pair of House lawmakers introduced legislation that would increase and alter the way the start-up credit is calculated.
Reps. Claudia Tenney (R-NY) and Dan Kildee (D-MI)—who are both members...
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Final regulations updating the existing procedures governing the filing and processing of applications for administrative exemptions from the prohibited transaction provisions of ERISA, the Internal Revenue Code and the Federal Employees’ Retirement System could be released soon.
The White House...
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RetireReadyNJ, the state-run retirement savings program that provides coverage for private-sector employes whose employers do not, has issued a request for quotes (RFQ) for investment advisor services. The New Jersey Secure Choice Savings Program Board issued the RFQ on Oct. 18.
The purpose of...
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How did the SECURE Acts affect required minimum distributions (RMDs) and death benefits? An Oct. 23 session of the ASPPA Annual conference held at National Harbor, MD provided a look.
Robert Richter, JD, LLM, Retirement Education Counsel at the American Retirement Association, and Michele...
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A new proposed fiduciary rule will be coming “very soon,” according to Assistant Secretary of Labor Lisa Gomez. She was joined by Carol Weiser, Benefits Tax Counsel at the Department of the Treasury, at an Oct. 24 session of the 2023 ASPPA Annual conference at National Harbor, MD.
Issuing...
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Do you feel confident selling SECURE 2.0 to clients? Some attendees of the Day 3 session "Selling SECURE 2.0" at ASPPA Annual felt so-so about it. The Oct. 24 session featured Executive Director of PSCA Will Hansen, JJ McKinney from EGPS and Kirsten Curry from LRS as they unspun the most talked-...
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In an Oct. 24 morning session titled “Charting a New Course: Navigating Roth Changes in the Post SECURE 2.0 World” with ‘secret agent’ Shannon Edwards with TriStar Pension Consulting and Michelle Ueding, an employee benefits and executive compensation attorney with Kutak Rock, focused on all one...
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Nevin E. Adams, JD, is the 2023 recipient of ASPPA’s Harry T. Eidson Founders Award. He received the award at the ASPPA Annual Conference in National Harbor, MD.
Justin Bonestroo, 2023 ASPPA President, bestowed the award, recognizing Adams as having been “an integral part of the expansion of...
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“I’m a CPA, so totally used to rowdy crowds like this,” AI expert Jason Staats said at the outset of “The Rise of AI: Everything Is Fine, Probably,” an Oct. 23 session at the ASPPA Annual conference in National Harbor, MD. “I thought, ‘What’s cooler than being a CPA?’ An influencer for CPAs.”
How...
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Three industry professionals have been honored with the 2023 Martin Rosenberg Academic Achievement Award. Justin Bonestroo, 2023 ASPPA President, made the announcement on Oct. 23 at the 2023 ASPPA Annual Conference in National Harbor, MD.
The 2023 winners are:
Aaron Epstein, QKA®, Preferred...
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PenChecks President and CEO Spiro Preovolos, at an Oct. 23 session of the ASPPA Annual conference, announced the recipients of the 2023 PenChecks Trust ASPPA Scholarships.
The scholarship program is now in its 10th year. After a rigorous application and selection process, a team of PenChecks and...
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"Do you lead your clients or do they lead you?"
That's the question Melissa Terito, CPA, posed to attendees in her Oct. 23 session at the 2023 TPA Growth Summit inside the 2023 ASPPA Annual Conference.
How are TPAs balancing the high-wire act of professional boundaries with clients while...
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Automatic enrollment provisions contained in SECURE 2.0 were the focus of an Oct. 23 presentation at the ASPPA Annual conference in National Harbor, MD.
Craig Hoffman, an Attorney/Senior Consultant with Nova 401(k) Associates in Houston, Texas, said that in SECURE 2.0, Congress went much further...
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A panel at the Oct. 22 opening session of the 2023 ASPPA Annual Conference expressed agreement with the notion of closing the coverage gap but also evinced great concern over the effect legislation that would create a federal retirement savings program could have on the private-sector retirement...
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Is auto-enrollment and escalation a good or bad thing for participants?
It might seem like a settled question, yet nonetheless asked at a Monday morning workshop at ASPPA Annual in National Harbor, Maryland.
While attendees overwhelmingly felt both were a net positive, there were outliers. The...
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The challenges, opportunities, and complexities surrounding high-profile SECURE 2.0 provisions were tackled in an Oct. 23 morning session at the 2023 ASPPA Annual conference in National Harbor, Maryland.
Bob Kaplan, the American Retirement Association's Director of Technical Education, and Robert...
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Adam C. Pozek, QPA®, QKC®, QKA®, CPFA® was announced as the recipient of the 2023 Thomas J. Finnegan III Educator of the Year Award. The announcement was made on Oct. 23 at the ASPPA Annual Conference at National Harbor, MD.
Pozek “dedicates a great amount of time to educating not only staff in...
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