How can plan sponsors realistically reconcile a pre-retiree’s, or any employee’s, retirement readiness when he has only informed his employer about a portion of his assets?Read more >
The web page provides information for retirement plan sponsors who have individually designed retirement plan documents but want to adopt a pre-approved prototype or volume submitter plan document.Read more >
The Government Accountability Office (GAO) has recommended that the IRS consider clarifying whether transfers from employer-based plans to states constitute reportable and taxable distributions and consider modifying its list of permitted reasons for rolling over savings after the 60-day rollover deadline.Read more >
“Are there any circumstances under which a plan sponsor of a 501(c)(3) mon-profit organization can convert a 403(b) plan to a 401(k) and transfer assets from the 403(b) plan to a 401(k)?”Read more >
The Employee Benefit Research Institute (EBRI) and the American Savings Education Council (ASEC) have announced the availability of promotional materials for America Saves Week, February 15 through March 2.Read more >
AXA Equitable Life has appointed Nick Lane as president, with responsibilities for the company’s Retirement, Wealth Management and Protection Solutions businesses as well as its Marketing and Digital functions.Read more >