Skip to main content

You are here

Advertisement

News

A majority of pension plan sponsors in a recent study are seeking to reduce their roles and responsibilities with their plans. Almost two-thirds plan to outsource some or all of their plan-related investment responsibilities and more than 60% plan to terminate their plans in the next five years,... READ MORE
In recognition of our collective celebration of American independence, here are some interesting facts concerning the annual event.  Congress actually voted in favor of independence on July 2, 1776; July 4 is the date on the declaration and the day independence was declared. Four presidents have... READ MORE
In what marked the S&P 500’s best first-half performance since 1997, the average 401(k) balance also turned in a solid performance. According to estimates from the nonpartisan Employee Benefit Research Institute (EBRI), the average 401(k) balance for those aged 25-34 with 1-4 years of tenure... READ MORE
More than 20 years after the last such overhaul, on July 1 President Trump signed into law bipartisan legislation to revamp the Internal Revenue Service. The newly enacted Taxpayer First Act of 2019 (H.R. 3151) overhauls the IRS’ operations and tax administration systems and implements new taxpayer... READ MORE
The Treasury and IRS have proposed regulations designed to encourage adoption of multiple employer plans (MEPs)  – though they’re not final yet. Specifically, the proposed regulations would provide an exception to the “one bad apple” rule for certain MEPs. A MEP is a plan adopted by two or more... 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 ACOPA Webcast: Litigation Involving DB Plans Wednesday, July 10, 2019 2–2:50 p.m. ET Speakers: Kelsey N. H. Mayo, J.D., Partner,... READ MORE
The Oregon Retirement Savings Board (ORSB) now may partner with other states in providing services similar to those offered by OregonSaves, the Beaver State’s the state-run auto-IRA program for private-sector employees whose employers do not offer a retirement plan. On June 27, Gov. Kate Brown (D)... READ MORE
The U.S. Supreme Court has agreed to take on yet another ERISA case this term. This case – Thole v. U.S. Bank, N.A., U.S., No. 17-1712, certiorari granted 6/28/19 – involves a suit by participants in U.S. Bank’s pension plan who, after the plan fiduciaries alleged mismanagement resulted in $750... READ MORE
The traditional way of envisioning retirement, settling into a comfortable life of pension payments after the going away party and the bestowal of an expensive watch, is going the way of the dinosaur. Though they approach the matter from different vantage points, that’s the import of two recent... READ MORE
Hola! ACOPA – Just returned from a week away in Nuevo Vallarta, Mexico. For the first time since email was invented, I spent a week away without responding to any work emails. Admittedly, I looked at most of them, but I didn’t answer any. Not sure why I used to get so stressed out about it in the... READ MORE

Pages