The IRS Advisory Council has recommended that the IRS prioritize implementing the Saver’s Match by reducing the administrative burden on sponsors and improving participant education.
The Pension Benefit Guaranty Corporation has updated information it provides that is useful in applying the guidance it provides under the ERISA 4044 regulation.
Security can come at a cost, and in the case of that which the Pension Benefit Guaranty Corporation offers, that means ...
Do you or your clients need to report contributions to IRAs for 2025? The IRS has updated Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs) for Use in Preparing Returns.
On Jan. 20, both houses of Congress released a bill that would fund several government agencies, including the Department of Labor, the Employee Benefits Security Administration, and the Pension ...
A new year, a new start, and a new accolade! The American Society of Pension Professionals and Actuaries (ASPPA) is pleased to announce the recipients of a new industry accolade — “TPA Teammates!” ...
The Labor Department, asserting “profound interest,” has provided a federal court with its insights on a case involving pension risk transfers — as well as a roadmap for fiduciaries to apply in the ...
The House of Representatives on Jan. 15 approved an amended version of the Protecting Prudent Investment of Retirement Savings Act, taking aim at plan fiduciaries’ use of environmental, social and ...
A recent report calls managed accounts one of the most common forms of personalization providing professionally managed, individualized investment and savings-rate guidance.
Empower on Jan. 14 announced that it is partnering with Blackstone on private market strategies. This comes one day after the Department of Labor submitted a proposal to the White House Office of ...
The IRS on Jan. 15 issued updated two safe harbor explanations plan administrators may use when they provide written explanations to retirement plan participants about eligible rollover distributions.
Many retirement plan fiduciaries have been sued for fiduciary breaches due to their handling of forfeited employer contributions in recent years. An industry expert discusses relevant legal theory and ...