Michigan Governor Signs Teacher Pension Plan Reform
The bill creates a new 401(k)-style defined contribution plan with an automatic employer contribution of 4% of the employee’s salary.
Tag: Retirement New Legislation
Attorney Describes What Makes a Good ESOP Candidate
One experienced benefits attorney says he has seen employee stock ownership plans do a whole lot of good for a...
Regulations, Legislation Impede Retirement Savings of Americans
The DOL fiduciary rule, the rollback of an ERISA safe harbor for state-run plans and the new health care law...
Senate Democrats Push Back on State-Based Plans for Private Workers
A new bill introduced by Senate Democrats would reestablish an ERISA safe harbor for state- and city-run retirement plans for...
Lawmakers Introduce Legislation to Stop Multiemployer Plan Benefit Cuts
The new legislation establishes a legacy fund within the Pension Benefit Guaranty Corporation.
State-Plans for Private Sector Likely to Charge Ahead
The moves by Congress to deny ERISA safe harbor to state- and city-run plans for private-sector workers won’t have a...
Dodd-Frank, Fiduciary Rule Repeal Progresses in Congress
A bill that would repeal much of the Dodd-Frank Wall Street Reform Act and block the DOL fiduciary rule has...
Senate Joins House In Opposing State-Plans for Private Sector
Many providers have supported the moves by the House and Senate to effectively slow the creation of state- and city-run...
Senators Introduce Bill to Address Retirement Plan Leakage
The legislation would give workers who leave their jobs up until they file their federal taxes to repay loans they’ve...
Small Businesses Debate Role of State-Based Retirement Plans
LIMRA finds reactions were “mixed” among small-business owners regarding Connecticut’s forthcoming program offering state-administered retirement planning to private-sector employees.
House Passes Bill Encouraging Employee Stock Ownership
The Encouraging Employee Ownership Act would increase the cap on the amount of stock closely held companies can award employees...
Trump Signature Overturns DOL Rule for Government-Run Auto-IRAs
The president signed a resolution overturning a DOL rule regarding city and municipality retirement plans for private-sector employees.
Lawmakers Reintroduce Bill About DB Plan Nondiscrimination Rules
The bill would amend the nondiscrimination rules that apply to DB plans that have been closed or frozen.
Opinions |
Barry’s Pickings Online: Roth-only?
Michael Barry, president of the Plan Advisory Services Group, shares his thoughts about lawmakers’ consideration of making the current pre-tax...
Senate Votes to Overturn DOL Rules on Government-Run Retirement Plans
The House of Representatives has already passed similar resolutions.
IRS Seeking Suggestions for DB Plan Webinar
The IRS is asking for suggestions for a presentation on minimum present value requirements for DB plans.
State-Based IRAs Help States Save on Medicaid
Those standing in favor of state-based IRA programs include many retirement plan advisers and other service providers.
Lawmakers Pass Resolutions to Stop DOL Rule on State-Run Plans
However, the resolutions must also be passed by the Senate and signed by the president in order to halt the...
House Lawmakers Oppose State-Run Retirement Plan Rule
They have submitted resolutions to block the final regulations.
Opinions |
Barry’s Pickings Online: Auto IRA – Not Dead Yet
Michael Barry discusses why he thinks automatic IRA legislation still has a chance to be passed.