Compliance | February 25th, 2021 CARES Act Considerations: CRDs, RMDs, Taxes and More Between retirement reforms first created by the SECURE Act and then updated by the CARES Act, there is a lot...
Ask the Experts | February 23rd, 2021 Can Beneficiaries Elect Timing of Payments From Inherited 403(b) Assets? Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Data and Research | February 1st, 2021 Plan Sponsors Aren’t Warming Up to Provisions of the SECURE Act Very few are interested in joining a PEP, and obstacles remain before sponsors will add annuities to their DC plans.
Compliance | January 14th, 2021 Compliance Duties and Litigation Risks in 2021 Attorneys review what regulations plan sponsors must adhere to and legal decisions to keep in mind for the new year.
Administration | January 12th, 2021 The Mechanics of Moving to a PEP With a lack of regulatory guidance, plan sponsors can rely on certain existing rules to know the steps to take...
Compliance | December 11th, 2020 Retirement Plan Experts Applaud Raising RMD They say it will give retirement plan participants a longer window in which to increase their savings, tax deferred.
Compliance | December 9th, 2020 Congress Urged to Make Retirement Reform a Legislative Priority in 2021 Speakers at a Senate Finance Committee hearing called on legislators to create pathways for employers to support retirement savers with...
Compliance | December 9th, 2020 IRS Issues Guidance on Auto-Enrollment Cap and Safe Harbor Notice Requirements The guidance is intended to help employers that sponsor safe harbor plans comply with provisions of the SECURE Act.
Compliance | November 23rd, 2020 IRS Publishes 2020 Required Amendments List There are no changes in requirements that generally require an amendment, but there are two changes that may require one.
Products | November 16th, 2020 Principal to Launch PEP, Says More to Come The firm is targeting its pooled employer plan at startups and companies with up to $10 million in retirement plan...
Compliance | November 9th, 2020 PEPs Carry Evolving Fiduciary Risks of Their Own The legal complexities that emerge when a single employer operates a retirement plan for its own staff are already immense;...
Compliance | November 4th, 2020 Best of PSNC 2020: Legislative and Regulatory Update Speakers discussed the SECURE Act, the CARES Act and the DOL’s guidance on ESG during the first day of the...
Administration | November 2nd, 2020 Emphasizing Retirement Savings for Young Part-Time Workers Part-time employees that will be entering retirement plans under SECURE Act provisions might not have had any experience in saving...
Compliance | October 27th, 2020 House Committee Introduces ‘Securing a Strong Retirement Act of 2020’ The legislation proposes expanding automatic enrollment in retirement plans, and expanding retirement savings options for nonprofit employees, among other things.
Administration | October 9th, 2020 Weaving Part-Time Employee Inclusion Into Retirement Plan Processes The SECURE Act’s requirement to let part-time employees join 401(k)s demands a process for counting hours and creates opportunities to...
Data and Research | October 6th, 2020 How Will the PEP Market Develop in Early 2021? One provider getting ready to launch a SECURE Act-enabled pooled employer plan on January 1 expects plan sponsor take-up to...
Investing | September 30th, 2020 Citing SECURE Act, More Advisers to Consider Adopting In-Plan Guarantees For their part, participants say they feel the pandemic has make their retirement savings more vulnerable.
Compliance | September 28th, 2020 Some View EBSA Income Projections as Too ‘Prescriptive’ Recordkeepers and asset managers want more flexibility in terms of how their clients generate newly mandated lifetime income projections on...
Administration | September 25th, 2020 PSNC 2020: Creating Income Streams for Participants Panelists reviewed different lifetime income stream selections and important disclosures to note under the SECURE Act.
Compliance | September 23rd, 2020 PSNC 2020: Preston Rutledge’s Inside View of the DOL As the nation’s top retirement and health plan regulator, Preston Rutledge oversaw an agency of more than 800 employee benefits...