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A federal district court in North Carolina has ruled that the rounding decision is a discretionary one that a plan administrator can make, and that choosing to round to five decimal places was not an abuse of discretion.The Duke Energy Retirement Cash Balance Plan was recently sued by a plan... READ MORE
On January 1, 2015, the American Retirement Association (ARA) will officially become the new parent entity of the four sister organizations: ASPPA, ACOPA, NAPA and NTSA. The ARA’s Code of Professional Conduct will apply to all four sister organizations, so new disciplinary procedures have been... READ MORE
With just days to go before the end of the 113th Congress, two senior members of the House Ways & Means Committee have introduced a bipartisan comprehensive retirement bill.The Small Businesses Add Value for Employees (SAVE) Act of 2014 (H.R. 5875), sponsored by Reps. Ron Kind (D-Wis.) and Dave... READ MORE
The EFAST2 2014 rollover changes will be implemented in the EFAST2 production system Jan. 1, 2015. The Department of Labor issued a reminder about that for EFAST2 third party software vendors on Dec. 16. It included the reminder with its transmission of information regarding the release of the... READ MORE
Available through January 28, 2016Speaker: Robert M. Kaplan, CFP, CPC, QPA, APA   Access the presentation outline here!As a new year begins, it is time to put away the holiday decorations and prepare for testing calendar year 401(k) plans. It is too late to change... READ MORE
Available through January 27, 2016Speaker: Judy Miller, MSPA, ASPPA Director of Retirement Policy   Access the presentation outline here!Illinois has become the first state to enact a state-based auto-IRA program for private employers. This webcast will cover the... READ MORE
Filers of Forms 5500 and M-1 will now be able to prepare for 2014 filing. Advance copies of the 2014 Forms 5500 and 5500-SF are now available, the DOL’s Employee Benefits Security Administration announced on Dec. 15. Changes to the Forms 5500 and 5500-SF for 2014 filing include:DOL Form M-1... READ MORE
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In this, the year of the 40th anniversary of the Employee Retirement Income Security Act's (ERISA) enactment, many have weighed in on the best — and the worst — aspects of that law and its progeny.  As 2014 draws to a close, we’re giving YOU the opportunity to weigh in on the best things about... READ MORE
Lawmakers have crafted and approved a sweeping bipartisan solution to address the mammoth funding shortfalls of the multiemployer plan system — a solution that is likely to have a long-term impact on defined benefit pension plans for both single and multiemployer arrangements.The changes mean that... READ MORE

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