John Iekel

Starting Oct. 1, 2021, reportable events filings can only be made to the Pension Benefit Guaranty Corporation (PBGC) electronically. The PBGC issued a reminder on Sept. 15. Reportable event filings (Form 10, Form 10-Advance, and Form 200) will need to be prepared and submitted using the PBGC’s e-... READ MORE

There was good news for private-sector pension plans in August by a variety of measures, several reports indicate.  Liabilities and Assets Liabilities rose slightly in August, says Willis Towers Watson. But only very slightly—they report that the liability implicit in their pension index... READ MORE

There have been many changes in the last year in the rules governing distributions, rollovers, loans and more. A workshop in the recent NTSA Summit offered a detailed look at those changes.  In “Navigating the New Minefield of Distributions, Repayments/Rollovers, & Loans,” Susan Jennings, an... READ MORE

Nearly 8 in 10 employers did not report any out-of-pocket (OOP) costs associated with participating in the program. Of course, one of the selling points of OregonSaves, the state-run retirement program for employees whose employers do not offer one, is that it spares employers the administrative... READ MORE

The IRS has updated the information on its site to reflect the protection the Protecting Americans from Tax Hikes Act (PATH) of 2015 affords the ability of a church plan to have an automatic contribution arrangement. The PATH Act expanded the portability of retirement assets by permitting... READ MORE

The number of state and local government employees has been increasing at a greater rate than the number of such employees covered by Social Security, says a recently released study.  More specifically, says the Social Security Administration (SSA) in “Trends in Noncovered Employment and Earnings... READ MORE

The Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted on the cusp of 2020—and before the dust even settled, new guidance and additional measures were enacted. In an ASPPA webcast, an industry expert looked at some key considerations for designed-based safe harbor 401(k... READ MORE

One of the many consequences of the global pandemic is that there is a spotlight shining on the importance of virtual security. And that includes sharing personal protected information (PPI), argues a CPA firm.  In the pre-COVID world, says Cassell Plan Audits in its blog, many companies had... READ MORE

The IRS has updated the information it provides on the expansion of rollover options, which includes SIMPLE IRA plans.   The information is contained in an issue snapshot that describes the change made by the Protecting Americans from Tax Hikes Act (PATH) of 2015 to Code Section 408(p) to allow... READ MORE