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Technical Resources
Although recently overshadowed by the buzz around multiple employer plans, the American Retirement Association recently met with the Department of Labor (DOL) about another aspect of President Trump’s Aug. 31 Executive Order.In April, the ARA and the Investment Company Institute released an updated...
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A recent white paper discusses a strategy for reducing PBGC premiums and why it may have a cost of its own.
In “PBGC Staff Express Concern Over Premium Reduction Strategy,” Daniel Lennington, Director of Defined Benefit Advisory for Lockton Insurance Services, notes that some plans have adopted a...
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The IRS has issued an early draft version of the Form 5500-EZ to be used when filing data from 2018. It is solely a draft the IRS says it has provided as a courtesy, and is not to be used for filing.
The draft of the 2018 Form 5500-EZ does not show any changes from the 2017 Form 5500-EZ, with the...
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Wasting no time, the Labor Department has delivered its proposed rule to expand access to multiple employer retirement plans to the Office of Management and Budget for review.It was less than a month ago that President Trump signed an executive order directing the Departments of Labor and Treasury...
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Collective investment trusts (CITs) have long been heralded as “the next big thing” in the DC industry, but a new report suggests that, in recent years, the market has turned a corner.
The third quarter 2018 issue of The Cerulli Edge—U.S. Retirement Edition finds that CIT adoption is finally...
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More 401(k) plan participants held equities at year-end 2016 than before the financial crisis, but participants continue to shy away from investing in their own companies’ stock, preferring more diversified investments, new data shows.According to the Employee Benefit Research Institute (EBRI) and...
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Unfazed that the Department of Labor (DOL) fiduciary rule has been rendered moribund, the Garden State is forging ahead with its own.The 5th Circuit Court of Appeals may have essentially struck down the federal rule, but that has nothing to do with the ability of the states to craft and implement...
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The practice of retiring and retirees receiving benefits in some fashion has only been around for a little over a century, right? Wrong! It’s been around for thousands of years.In “The History of Retirement,” SageView Advisory Group outlines when retirement, and associated payments, began and how...
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The Department of Labor’s (DOL) fiduciary rule may be moribund, but that doesn’t mean that investment fiduciary standards are — including best interest standards. A recent blog post by Fred Reish discusses how to best meet the various such standards that are in place.
In “Best Interest and Best...
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The Senate recently confirmed a new IRS Commissioner, and has scheduled a hearing for the nominee to serve as PBGC Director, but the chamber is still waiting for a nominee to replace a Democratic SEC Commissioner.
Full Plate Awaits Newly Confirmed IRS Commissioner
An extensive to-do list awaits...
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Recent survey results reveal that a majority of workers believe that financial wellness programs could help increase their productivity.According to a new report by the Employee Benefit Research Institute (EBRI), “Perceived Helpfulness of Financial Well-being Programs: Results from the 2017 and...
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The IRS has granted a variety of forms of relief for victims of Hurricane Florence. The relief is for individuals as well as businesses, and includes requirements related to compensation.
As of Sept. 17, individuals who reside or have a business may qualify for tax relief in the following North...
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Step inside the chamber, and we will gaze at the crystal ball. ASPPA’s Sept. 11 invitation offered a look at seven trends in the retirement industry that will have a significant impact — and, in fact, already are.
In “Didn’t See THAT Coming: Seven Industry Trends Will Shape the Future,” American...
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Is it appropriate for traditional life insurance to be connected with retirement plans? A feature article that appeared in the Summer 2018 issue of Plan Consultant magazine offers a refresher on split-funded funds and the interaction between retirement plans and life insurance.“Delicate Interaction...
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The Pension Benefit Guaranty Corporation (PBGC) is issuing rules to implement its authority to facilitate mergers and transfers between multiemployer pension plans, the agency announced on Sept. 13. The final regulation updates the general requirements on plan mergers and transfers of plan assets...
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Concerns about student debt and its impact on the finances and retirement savings of workers has spurred interest in student loan repayment programs.
For the past couple of years, there have been growing calls to make it easier to save for retirement while simultaneously paying off student loans....
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The price of recordkeeping services is not uniform; it can vary depending on type of retirement plan. A blog entry discusses why pricing for 401(k0S is different from that for 403(b)s.
In “The Differences Between 403(b) and 401(k) Pricing,” Michael Webb of Cammack Retirement offers some...
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Several years back, I was talking with a colleague about the current state of the U.S. economy – and as a comparison point, I pointed to the mid-1980s.“I wasn’t even born then,” she said. At which point I realized that what I considered to be a relevant point of comparison was, to my coworker,...
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Whenever I read another article about how hard it is to measure the return on investment (ROI) of financial wellness programs, I think back to my days as a psychology grad student. A large part of psychology and its history is focused on figuring out how to measure the intangible. The field of...
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Multiple employer plans (MEPs) are very much a part of the recent discussion. But while President Trump’s Aug. 31 executive order gives a boost to MEPs, that doesn’t mean they’re an innovation of 2018. A recent white paper from Pentegra takes a look at their history, where they stand now, and what...
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