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ASPPA Net Staff

The details of a shift in process review by the IRS first reported by the American Retirement Association were “the elephant in the room” at a Joint TE/GE Council Employee Plans & Exempt Organizations meeting on Feb. 28. Following the usual outline of accomplishments for the past year, Tammy... READ MORE
Where can you find the latest, greatest insights on the implications of the SECURE Act? Why, at ASPPA TE(k), of course! That’s right, ASPPA TE(k)—formerly ASPPA regional conferences—have an agenda chock-full of insights from the nation’s leading voices in retirement plan administration to help... READ MORE
Driven by an apparent desire to clean up its case backlog, the IRS is planning a shift in procedure that might mean the end of the VCP program and subject a massive number of plans to audit.   Word of the dramatic shift in focus was brought to the attention of the American Retirement Association... READ MORE
The newest presidential candidate for the Democratic party has outlined plans for Social Security, a “public option” 401(k), and a new (old) fiduciary rule.   Claiming that “most of the benefits of tax breaks for retirement savings go to wealthier saver,”[i] Mike Bloomberg’s “Retirement Security... READ MORE
In observance of Presidents Day on Monday, Feb. 17, the ASPPA offices will be closed. Accordingly, ASPPA Connect will not be published on Feb. 17. ASPPA Connect will reappear on Wednesday, Feb. 19.   To mark Presidents Day, here is a list of the presidents’ birthplaces. In some cases, however,... READ MORE
The American Retirement Association has outlined a number of high priority clarifications needed following passage of the SECURE Act.   In a letter dated Feb. 12, the ARA submitted to Carol Weiser, Benefits Tax Counsel at the U.S. Department of the Treasury, a list of “certain issues related to... READ MORE
Pete Swisher, one of the retirement industry’s most respected voices, announced Feb. 13 the launch of Waypoint Fiduciary LLC, a “think tank, consultant, and expert fiduciary” for the U.S. retirement system.  Waypoint’s first engagements are with associations and distributors focused on group... READ MORE
Following up on a recent meeting with the Department of Labor, the American Retirement Association has outlined a number of items requiring additional guidance under the SECURE Act.   In the Feb. 12 letter, ARA recommended that the items listed below be the subject of DOL guidance, in the... READ MORE
We’re rebranding—and reinvigorating—ASPPA’s delivery of the retirement industry’s most robust content. Simply stated, ASPPA TE(k) is a new name—and brand—for ASPPA’s regional conferences. But it’s more than just a new name. We’re repositioning the purpose of these events to provide retirement plan... READ MORE
The average 401(k) balance did pretty well in 2019 – but how did participants respond?   Well, according to the Alight Solutions 401(k) Index, while 2019 had only 25 days of above-normal daily transfer activity – much lower than 2018’s total of 46 days – the net trading activity was the highest... READ MORE
ASPPA is always providing information and insights that will be valuable to its members! Following is a summary of upcoming webcasts and events.   Live Webcasts   ASPPA Webcast: Cybersecurity: What You Don’t Know – and Do – Will Hurt You Wednesday, Feb. 5, 2020   2:00 - 3:40 p.m. ET  ... READ MORE
We’ve got a way for you to help honor their education excellence with the retirement industry’s premier retirement plan communication award. The Plan Sponsor Council of America (PSCA), part of the American Retirement Association (ARA), is now accepting nominations for its prestigious Signature... READ MORE
The DOL’s Employee Benefits Security Administration just made it easier to find information about the status of an individual retirement plan and its operations, releasing an enhanced search tool for Form 5500 filings.  In addition to searching for specific filings, users now can search for... READ MORE
Why, more than 15 years after its introduction, despite “triple tax” advantages and growing concerns about health care expenses in retirement, aren’t there more health savings accounts? That’s the focus of a new whitepaper, “‘Learning’ Objectives: What’s Holding Back HSAs?”, co-authored by Nevin E... READ MORE
American investors apparently are feeling more confident about their finances than they have in a long time, but concerns about risks to their retirement are lingering, according to a new study from Allianz. Data from the firm’s Quarterly Market Perceptions Study shows that Americans’ worries... READ MORE
ASPPA’s offices will be closed on Monday, Jan. 20 in observance of Martin Luther King, Jr. Day. Our next edition will next appear on Jan. 22.   To mark the day, the “I Have a Dream” speech Dr. King delivered in Washington in 1963 is available here. READ MORE
It’s been almost five years since the American Retirement Association “launched,” along with new logos for each of our member associations. This week we unveil an updated and refreshed look for those brands. In 2018, we undertook a review of the American Retirement Association brand, along with... READ MORE
In the cover story of our Winter 2020 issue, Philip Long shares nine best practices for navigating the IRS’s EPCRS correction program. The feature articles report on two important conferences: the 2019 ASPPA Annual Conference and the Women in Retirement (WiRC) conference in Chicago, which marked a... READ MORE
You need more than book learning to succeed in 401(k) administration. That’s why the new ASPPA Qualified 401(k) Administrator (QKA)™ credential has not only been updated, but also expanded and improved in ways that will help you not only understand, but also apply your knowledge to real-life... READ MORE
More than half of Millennials – and two-thirds of Gen Zers – say they’re likely to look for a new job with better benefits, according to a new survey. That sentiment is not limited to those cohorts; overall, 41% of workers said they’re likely to look for a new job with better benefits, although... READ MORE

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