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“I read your recent Q&A regarding post-merger ACP testing with great
interest, as our hospital has an ACP testing issue as well.
New York City has launched the New York City Retirement Security Study Group, a panel tasked with advancing private-sector retirement security solutions for city residents during 2015.
A report suggests employers that use automatic enrollment in their defined contribution retirement plans may be using deferral and match rates that offset the costs of higher participation.
Financial wellness programs can cut stress and increase productivity in the work force, new research suggests, especially when employees receive more holistic financial education.
While employers want to maintain the promise of retiree health benefits to employees, a number of forces are influencing them to change their approach.
Under the ACA, if the aggregate cost of “applicable employer-sponsored coverage” provided to an employee exceeds a statutory dollar limit, the excess is subject to a 40% excise tax.
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Recently, we covered a survey that found 38% of Americans say they have fallen asleep at work.
number of elected officials have emerged on the side of financial advisers in
opposing the Department of Labor’s fiduciary redefinition effort—introducing ambitious
legislation to block changes to the fiduciary standard.
The IRS has updated its website about 457(b) plan submissions to its voluntary compliance program.
The IRS has released a publication to help tax-exempt and governmental entities choose a retirement plan.
An employer’s failure to notify employees that their pension assets were transferred to another plan resulted in a court ruling that it owed pension benefits to employees.
A lawsuit claims the City of Colorado Springs’ termination of Memorial Health System’s affiliation with the state pension system violated state law.
Eighty percent of Catholic dioceses offer lay employees a 403(b) plan, while 15% offer a 401(k).
A webcast series from the DOL aims to help increase awareness and understanding about basic fiduciary responsibilities for plan sponsors of retirement or health benefit plans.
A federal court has ordered a fiduciary to repay $300,000 to a number of pension plans, for which the Department of Labor sued over misuse of assets.
Groom Law Group says the addition of two principals to its health and welfare practice expands the firm’s ACA implementation and compliance capabilities.
Vanguard says it is expanding its family of target-date funds, with plans to introduce a new line of low-fee Institutional Target Retirement Funds.
A group of retirees should not have received a lump-sum payment from a nonqualified plan at a change in control because they were not “participants” as defined by the plan.