The states that have established retirement plans to provide coverage to private-sector employees whose employers do not take that step to help close that coverage gap. A recent working paper takes a ...
Plan sponsors occasionally wish to change aspects of their plan vesting provisions. But that can be more easily said than done. A recent ASPPA webcast offers a look at the technical requirements to ...
In July 16 testimony before the Senate Health, Education, Labor & Pensions (HELP) Committee Acting Labor Secretary Keith Sonderling, who has been nominated to serve as Secretary of Labor, said his top ...
The Investment Selection Proposal is intended to provide guidance on investment selection and to reduce frivolous litigation; however, some ERISA experts think it may not achieve that goal.
A bipartisan group of senators has introduced legislation that would establish a specific, fast-track process to initiate congressional action to reform the Social Security system.
The Department of Labor (DOL) has filed a brief in support of plan fiduciaries in a case before the Supreme Court in what was described as one of a “series filed by the Departme ...
Deferral-related operational failures — including missed and late deferrals — continue to be a leading source of plan corrections and regulatory exposure. What can be done?
The Plan Sponsor Council of America recently asked plan sponsors if they have fiduciary liability insurance with a cybersecurity rider, or if they have a separate corporate policy. What were the ...
Is it possible to create a platform that essentially helps the market operate instead of creating a solution that grows the government? The answer is a resounding yes.
Several leading retirement industry groups — including the American Retirement Association — asked the nation’s highest court to affirm a decision in favor of plan fiduciaries.
July 14 is the inaugural Women’s Retirement Security Day, a day the American Retirement Association created to acknowledge the unique challenges women face in saving for retirement, discuss solutions, ...
Sunrise, sunset. So it is with the Saver’s Tax Credit and the Saver’s Match, the vehicle fostered by the SECURE Act whose dawn is about to break next year. Brian Furgala, Senior Director, Retirement ...
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