Lawmakers Unveil Multiemployer Pension Rescue Tracker
The website keeps tabs of multiemployer plans that have received the Pension Benefit Guaranty Corporation’s special financial assistance.
Tag: retirement plan legislation
Auto Re-enroll Bill Seeks to Improve Workers’ Long-Term Financial Stability
The bill would encourage plan sponsors to re-enroll nonparticipants at least once every three years.
Reasons Not to Use Pension Funding Relief
Using funding relief to lower contributions to DB plans can increase PBGC premiums and get those plan sponsors that are...
House Committee Approves Bill Aimed at Increasing Retirement Plan Coverage
Among other things, the RISE Act would encourage retirement savings by allowing plan sponsors to offer small financial incentives to...
IRS Issue Snapshot Reflects Changes to Hardship Withdrawal Rules
Though the document addresses changes for 401(k) plans, all but one of them applies to 403(b) plans as well.
Who’s Still Working for You?: American Retirement Association
In a series of articles, PLANSPONSOR is checking in with industry groups to see what work they have done, and...
Lawmakers Introduce Legislation to Establish Portable Retirement Accounts
The legislation is designed to provide a retirement savings vehicle for people who don’t have access to one, but in...
PBGC Addresses Multiemployer Plan SFA Applications Received Before Final Rule
The agency is accepting applications before a final rule is published and says any changes will not reduce the amount...
SURVEY SAYS: Support for a Small Business Retirement Plan Mandate
PLANSPONSOR NewsDash readers share whether they support retirement plan requirements proposed in legislation drafted as part of the Congressional budget...
Groups File Recommendations to PBGC on Multiemployer Plan Assistance
The most common concern is that permissible investments for the funds will not earn the rate used for calculation of...
Plan Sponsor Settles Claim of USERRA Violation Regarding Pension Benefits
The incident involves a military reservist who was not given service credits for his pension for a period in which...
IRS Addresses Form 5500 Filing for Plans Adopted Retroactively
No Form 5500 is required for the plan year in which the new plan is effective, but additional filing instructions...
What Comes Next With ESG Regulations?
The regulatory outlook for retirement plan sponsors looking to implement environmental, social and governance themed investments has been complicated, but...
IRS Issues Guidance on Single-Employer DB Plan Funding Relief Under ARPA
It addresses to what purposes newly allowed segment rates apply, how plan sponsors can make elections for which segment rates...
D&I Efforts, ESG Investing and More Lawsuits Are Among 2021 DC Trends
Janus Henderson Investors reviewed study findings, recent legislation and litigation during a webinar.
Lawmakers Urged to Act on Bills to Improve Retirement Savings
In addition to how to improve retirement savings opportunities for employees, the discussion addressed broader financial security and efforts to...
Newly Introduced Bill Aims to Increase Savings for Middle- and Low-Income Workers
The bill would replace the saver's credit with a government match on savings and give savers a COVID-19 recovery bonus...
Former Senator Mike Enzi Leaves Legacy of Retirement Plan Reform
He was instrumental in finalizing the provisions of the Pension Protection Act of 2006, fought for help for multiemployer plans...
Regulators Issue Guidance on Multiemployer Plan Assistance
PBGC has issued an interim final rule addressing assistance requirements, and the IRS has released a notice for plan sponsors...
IRS Reminds Plan Sponsors of Plan Qualification Requirements
The IRS updates its Operational Compliance List periodically to reflect new legislation and IRS guidance, and it reflects that many...