Advertisement
News
This decade is a big one for 50th anniversaries and celebrations. In 2015, the Grateful Dead celebrated their 50th anniversary with concerts in California and Chicago. In 2017, my high school classmates will celebrate their 50th birthdays (Go Ward Melville Patriots!). But 2016’s biggest 50th...
READ MORE
On behalf of the ACOPA Leadership Council, here's our monthly update for members on some of ACOPA's activities. Joint Discipline Council Agreement – In early January 2016, there was a membership vote to approve proposed changes to ACOPA’s operating principles and the amended Joint Discipline...
READ MORE
A new report suggests that while early distributions from retirement plans are a cross-generational issue, it may be a bigger behavioral problem than is widely appreciated.The white paper, published by the Defined Contribution Institutional Investment Association (DCIIA), notes that while less than...
READ MORE
Small business retirement plans are again under attack. Buried in a Treasury Department proposal to make it easier for large corporations to close their defined benefit plans to new entrants is a provision that will make it harder for small businesses to form new retirement plans or maintain their...
READ MORE
For 2015, plan sponsors should skip the compliance questions that were just added to the Forms 5500 and 5500-SF, and to Schedules H, I and R for the 2015 plan year. Revised versions of the 2015 instructions for both forms contain the new information regarding the optional questions.
The Department...
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 WebcastsASPPA Webcast: New Comparability Plans: The Potential Detrimental Impact of IRS-Proposed Regulations!Monday, Feb. 22, 20162:00-3:00 p.m....
READ MORE
A couple of powerful congressional voices have taken several financial services firms to task for characterizing the Department of Labor’s (DOL) fiduciary rule proposal as “unworkable” with dire consequences if enacted — while painting a very different picture for their investors.In a letter to...
READ MORE
As part of the year-long celebration of ASPPA’s 50th anniversary, we’ve compiled lists of landmark events that took place in each month of the year. The month of February featured:1979: Chet Salkind hired1997: Kirkpatrick Foundation became ASPA Pension Education Research Foundation1988: 1st HCE and...
READ MORE
The IRS has proposed additional limitations on suspension of benefits applicable to certain pension plans under the Multiemployer Pension Reform Act of 2014 (MPRA).The IRS in RIN 1545-BN24 has proposed regulations that would provide guidance regarding a provision of the MPRA that governs the...
READ MORE
ASPPA Connect will not appear on Monday, Feb. 15, in observance of Presidents Day. It will reappear on Wednesday, Feb. 17.There are interesting facts and circumstances concerning the 44 men who have served as president. Following are some of them. George Washington (1789-97) was the only president...
READ MORE