Tag: retirement plan distributions

Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.

Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...

A study finds there was $48 billion in penalized retirement plan distributions in 2010, and it raises the question of...

Observing drawdown patterns can inform plan sponsors about how to design their plans to facilitate withdrawals and about what guidance...

Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.

Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...

DB plan sponsors may want to offer coronavirus-related distributions under the CARES Act, but should understand certain rules before doing...

State and local tax treatment of coronavirus-related distributions from retirement plans may be different from federal tax treatment.

Important differences suggest that a look at DC plan participant actions during the Great Recession may not offer insight into...

Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.

Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...

Plan sponsors are urged to consider factors other than the short-term financial needs of their employees before adopting new loan...

Coupling more generous loan programs with robust educational resources is a good place to start.

Relatively few are taking action to suspend or decrease contributions, and they are prudently relying on providers for guidance, a...

Alison Borland, with Alight Solutions, discusses why the firm determined the CARES Act provision allowing larger loans is sub-optimal when...

Reminders about the long-term effects of plan leakage on retirement savings could protect retirement plan participants from making harmful decisions.

Plan sponsors can ‘opt-in’ to offer the provisions to participants.

The change is for all tax-qualified workplace retirement plans administered by Empower that permit such distributions and includes new provisions...

Plan sponsors need to understand the details and ask themselves certain questions to make sure they are complying with the...

Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.