Target-date funds (TDFs) continue to expand in usage and popularity — but there are some things the Department of Labor (DOL) wants you to know about TDFs that you may have overlooked.
As expected, President-Elect Trump’s pick for Treasury Secretary has thrown down the gauntlet on tax reform — and that’s not likely to be good news for retirement plans.
The American Retirement Association Government Affairs Committee on Dec. 2 made recommendations to the IRS on the documentation needed to substantiate a hardship distribution or participant loan.
The American Retirement Association’s Government Affairs Committee has filed a comment letter on proposals the DOL, IRS and PBGC made to modernize and improve the Form 5500.
Knocked down twice by the D.C. District Court, the National Association for Fixed Annuities has filed an emergency motion asking the U.S. Court of Appeals for the D.C. Circuit to halt the rule while NAFA’s appeal proceeds.
Legislation that would amend the nondiscrimination rules applicable to retirement plans to protect older and long-serving participants whose employers have closed or frozen their pension plans is now before Congress.
There’s good news for defined benefit plans in the wake of the November elections, says Russell Investments’ Bob Collie.
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