As recordkeepers develop alternative means to generate income, plan committees should be aware of what this means for participants and for their own fiduciary duties.Read more >
As with legislation introduced previously, employers without retirement plans would be required to automatically enroll employees into an IRA at a 3% default deferral rate.Read more >
“In all my time reading the column, the Experts have defined a church plan, but I don’t recall ever seeing a definition of a governmental plan. What is the definition of a governmental plan?”Read more >
A Revenue Ruling addresses whether an individual’s failure to cash a distribution check received alters the employer’s obligations with respect to withholdings and reporting under the Internal Revenue Code.Read more >
Empower Retirement appointed Tina Wilson as senior vice president chief product officer, where she will lead the product strategy and delivery of retirement plan and retail products.Read more >