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“Eat your vegetables!” children are told. Many do so reluctantly, despite the fact that it’s good for them. Fast forward: “Have an audit!” federal law tells many employee benefit plans. They may be the brussels sprouts of administrative functions, but a Department of Labor (DOL) publication offers... READ MORE

There’s a new proposal being floated that proponents say would “increase retirement income security and reform Social Security.” And yes, a mandate is involved.The proposal involves something tagged “Supplemental Transition Accounts for Retirement” (START), and it’s being touted by AARP. The... READ MORE

Major employers are among those that have increased their retirement benefits in the wake of the enactment of the Tax Cuts and Jobs Act (TCJA), according to a recent report. The Senate Republican Communications Center has reported that the following employers are among the “more than 400 companies... READ MORE

The IRS on March 2 issued an updated version of Publication 575, “Pension and Annuity Income.” It is to be used in preparing 2017 income tax returns. The updated booklet cites two changes for 2017 reporting. 1. Disaster tax relief. New rules provide for tax-favored... READ MORE

Legislation has been introduced to address the proliferation of small accounts that the bill’s sponsors say is costing Americans tens of billions of dollars every year in lost savings because of cash-outs and redundant fees — not to mention lost savings from missing accounts.Sens. Elizabeth Warren... READ MORE

Some words can be opposites of themselves. One of them is oversight. It’s a bad thing if it means something that has been missed due to lack of attention. But it’s a good thing if it’s exercised in a way that ensures its negative connotation does not take place. And its positive meaning is at the... READ MORE

A new study finds that those who use both health savings accounts and 401(k)s save more — not just in total, but also in the 401(k)s alone.The study polled more than a million people at 34 large employers for which Alight Solutions provides recordkeeping services for both health and welfare plans... READ MORE

Among the “myths” surrounding the fiduciary rule is that the rule will not be enforced during the transition period. But that’s not the whole story, Fred Reish notes in a recent blog post. Reish notes that the Department of Labor (DOL) has said that “during the phased implementation period from... READ MORE

While still making the most of what they can in today’s market, institutional investors have been bracing for the impact of renewed market volatility, taking steps to diversify and construct durable portfolios, according to new survey findings.Natixis Investment Managers’ sixth consecutive annual... READ MORE