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The American Retirement Association filed a comment letter Oct. 19 with the New Jersey Bureau of Securities concerning the fiduciary conduct standards the state government is considering. Gov. Phil Murphy (D) announced plans in September to issue a rule strengthening the standard for investment...
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The 2018 ASPPA Annual Conference kicks off Sunday, Oct. 21 at the Gaylord National Resort at the National Harbor, located in Oxon Hill, Md., just outside our nation’s capital. We'll be there from the start until the conference ends on Wednesday, Oct. 24, reporting on the general sessions, workshops...
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The federal government’s updated unified regulatory agenda has shed light on the status of the Securities and Exchange Commission’s and Department of Labor’s efforts on investment advice and the now-vacated fiduciary rule.
The SEC’s updated regulatory agenda confirms that the agency has set a...
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ERISA was enacted to provide national protections for participants in employer-sponsored retirement plans – but proposed legislation would undermine those protections.
A bill introduced in the Senate in July would create a new type of “open” multiple employer plan (MEP), an employee benefit plan...
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The Office of Management and Budget (OMB) has issued a comprehensive report on the regulatory agenda of the Department of Labor (DOL) for fall 2018. It includes proposed and final rules under consideration by the DOL’s Employee Benefits Security Administration (EBSA) that would affect retirement...
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The Office of Management and Budget (OMB) has issued a comprehensive report on the regulatory agenda of the Pension Benefit Guaranty Corporation (PBGC) for fall 2018.
Proposed Rules
The OMB lists the following as proposed rules the PBGC is now considering:
Valuation Assumptions and Methods:...
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The Office of Management and Budget has completed its review of the Labor Department’s proposal for expanding access to multiple employer retirement plans.
It was less than a month ago that the Labor Department delivered its proposed rule to OMB, which in turn was less than a month after President...
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The IRS is providing additional relief for taxpayers in any area the Federal Emergency Management Administration (FEMA) has designated as a major disaster area in the wake of Hurricane Florence and Hurricane Michael. Among the steps the IRS has taken is to further extend the Oct. 15 extension...
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In his most recent blog post about best practices, ERISA attorney Fred Reish explores retirement income projections as a way to better serve plan participants.
Reish explains why he includes retirement income projections among the best practices he suggests for plan sponsors. “Best practices are...
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As you can see, the ASPPA website looks different – cleaner, more modern, and certainly better when viewed on a mobile device, as a growing number of members do.
While we have retained nearly all of the resources previously available on the old site, we have done some reorganizing, and retitled...
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