John Sullivan
By John Sullivan 1/18/2023
A high-stakes game of political chicken is set to come to a head this week, as the country will reach its $31.381 trillion debt limit on Thursday.
The debt limit is the total amount of money the United States government is authorized to borrow to meet its existing legal obligations, including...
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By John Sullivan 1/18/2023
American Retirement Association (ARA) General Counsel Allison Wielobob said Wednesday that the Internal Revenue Service (IRS) confirmed that it plans to publish a new rule by the end of January detailing a permanent change to how actuaries earn continuing education credit.
Wielobob, ASEA’s...
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By John Sullivan 1/13/2023
The comment period for changes to the Department of Labor’s popular Voluntary Fiduciary Correction Program (VFCP) is rapidly coming to a close, with all comments due by Friday, Jan. 20.
The proposed changes, released in November, simplify and expand the original VFCP, “thereby making it easier for...
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