SECURE Act Passes House, Bringing Calls for Senate Collaboration
Reflecting on the much-anticipated House vote, Kevin Walsh, principal with Groom Law Group, said today is an important day for...
Tag: retirement plan legislation
Individuals, Employers and Government All Play a Part in Retirement Readiness
A new research report and Catherine Collinson, with Transamerica Center for Retirement Studies, lay out steps all three can take...
Laws and Regulations That Do or Will Affect Retirement Plans
Plan sponsors can look for new legislation and regulations that will have big effects on retirement plans this year, and...
House Committee Quickly Advances SECURE Act
Like RESA, the SECURE Act contains popular measures to help Americans prepare for their long-term financial future by expanding opportunities to save...
What’s Actually in the Retirement Enhancement and Savings Act of 2019?
A 2019 version of the popular “RESA” legislation has been reintroduced in the Senate, which has published a helpful section-by-section...
Ways and Means Committee Set to Vote on Bipartisan ‘SECURE Act’
The new legislation includes the core provisions of H.R. 1007, the Retirement Enhancement and Savings Act.
Bill Would Amend Voting Procedures for Multiemployer Plan Benefit Cuts
The Pension Accountability Act is designed to give workers and retirees “a seat at the table” when a looming multiemployer...
IRI Advocates for Provisions of RESA in Federal Retirement Security Blueprint
In addition, in a new 2019 State Retirement Security Blueprint, the Insured Retirement Institute (IRI) says the creation of state-run...
How Open MEPs Could Change the Retirement Plan Market
Not immediately, but over time, with passage of open MEP legislation, plan sponsors will see a change in service delivery,...
ERISA Annuity Safe Harbor Bill Introduced in House
H.R. 1439, known as the Increasing Access to a Secure Retirement Act, would establish a stronger Employee Retirement Income Security...
Open MEPs Will Be a Retirement Plan Market Disruptor
If legislation allowing for open multiple employer plans (MEPs) is passed, it will be a while before implementation, and changes...
Experts Push Ways and Means Committee for Retirement Reforms
Given their diverse backgrounds, the speakers shared different points of emphasis in their testimony, but they all called on the...
Churches Seek Clarification for Which Entities Can Adopt Pre-Approved Plans
An informal position taken by the IRS is indicated by it excluding mention of non-qualified church-controlled organizations (non-QCCOs) from the...
Bill Provides Retirement Plan Withdrawal Relief for Employees Affected by Government Shutdown
Federal employees and contractors would be able to take retirement account distributions without penalty and be able to repay the...
Lawmaker Introduces Legislation to Address Multiemployer Pensions Crisis
The bill would establish a Pension Rehabilitation Administration (PRA)—an entirely new agency within the Department of the Treasury authorized to...
Senators Cardin and Portman Offer Another Broad Retirement Reform Bill
Among some 50 other provisions aimed at improving retirement readiness in the U.S., the bill substantially increases the tax credit...
House Tax and Retirement Reform Bill Includes Provisions Not Included in Previous Bill
"The new legislation contains language addressing key IRI concerns including providing retirement plan participants with an illustration of how current...
What Can the Retirement Plan Industry Expect in 2019?
Sources say retirement plan sponsors will increase financial wellness efforts, and Congress is at the ready to work on significant...
Opinions |
Barry’s Pickings: November 7—Five Good Questions
Michael Barry, president of October Three (O3) Plan Advisory Services LLC, points out that, while the candidates for the midterm...
Family Savings Act, Which Boosts Open MEPs, Passes House
Before the House passed the Family Savings Act, leadership added the Senate’s annuity selection safe harbor provision from RESA, potentially...