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July 8th, 2016 |
NAGDCA Supports Auto Enrollment for State DC PlansA report notes that defined contribution (DC) plans for public-sector employees are no longer just supplemental due to changes in state defined benefit (DB) plans.Read more > |
One-Third of Retirement Plans Audited in Past Two YearsA survey revealed that nearly one-third (31%) of respondents have had their retirement plans audited by the Internal Revenue Service or Department of Labor. Larger employers reported an even higher audit rate. “The fact that one in three retirement plans have been audited should send a wake-up call to many plan sponsors,” says David Speier, senior retirement consultant at Willis Towers Watson.Read more > |
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ASK THE EXPERTS
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| New survey data from America Saves finds strong savings commitment among those who have already started the difficult task of preparing financially for retirement via regular personal savings.Read more > |
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| Association, Adviser Partner to Provide Financial Planning for NursesEdelman Financial Services provides financial planning services to members of the American Nurses Association (ANA) for free, and after one year of the program, 35,000 of the 187,000 members have reached out for one-on-one sessions with Edelman. Tens of thousands more are receiving education and information via other modes.Read more > | DOL Adjusts ERISA Civil Monetary PenaltiesThe Department of Labor’s (DOL) has issued an interim final rule to adjust for inflation the civil monetary penalties enforceable by the agency.Read more > | | Eighty percent of professionals surveyed by Accountemps said they believe office politics is alive and well. Of those 80%, 46% identified gossiping or spreading rumors as the most common office politics activities.Read more > | | David Levine and David Powell, with Groom Law Group, and Michael A. Webb, vice president, Retirement Plan Services, Cammack Retirement Group, will field your questions concerning 403(b) plans and regulations. Send them to rmoore@assetinternational.com with Subject: Ask the Experts. Answers may be printed in future (b)lines. This feature is to provide general information only, does not constitute legal advice, and cannot be used or substituted for legal or tax advice. |
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