Tag: Legislation

According to the Pension Rights Center, the nation faces an almost $8 trillion shortfall in retirement income.

The American Society of Pension Professionals and Actuaries has rebranded as the American Retirement Association.

The Department of Labor’s Employee Benefits Security Administration is holding a Voluntary Fiduciary Correction Program webinar in March.

A bipartisan group of U.S. House members penned an open letter to the Department of Labor that demands more detail be shared about the ongoing fiduciary redefinition effort.

Legislation has been introduced that would increase the cap on deferrals and matching contributions for safe harbor plans.

New research from the National Institute on Retirement Security finds nearly nine in 10 Americans believe the nation faces a serious retirement readiness crisis.

A number of elected officials have emerged on the side of financial advisers in opposing the Department of Labor’s fiduciary redefinition effort—introducing ambitious legislation to block changes to...

The IRS has updated its website about 457(b) plan submissions to its voluntary compliance program.

The Internal Revenue Service has announced two free webinars in March about important retirement plan topics.

Mercer announced the release of informational booklets providing updated guidance about Social Security and Medicare for 2015.

The IRS recommends including reference lists when applying for a retirement plan determination letter.

Senate Finance Committee Chairman Orrin Hatch, R-Utah, has formally outlined his hopes and expectations for federal tax reform,...

Leaders of the Insured Retirement Institute expect “swift and significant legislative reaction” if the Department of Labor’s fiduciary redefinition proposal closely resembles a preliminary version filed in 2010.

The DOL has issued guidance about new DB plan funding notice requirements of the Highway and Transportation Funding Act of 2014.

The surviving spouse of a fully vested participant in a FedEx pension plan claims she is being unlawfully denied a survivor annuity benefit owed to her by the...

A committee tasked with considering a state-established retirement plan for private-sector employees has issued its recommendation report.

A pension plan that has changed actuarial services firms can have a change in funding method automatically approved.

A bill establishing the Illinois Secure Choice Savings Program has been signed into law.

The new PBGC Participant and Plan Sponsor Advocate has released her first annual report of issues.

The IRS has provided answers to questions received about the new single-distribution rule for rollovers from retirement plans.