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2017 Award Nominations Are OpenNomination forms for the 2017 PLANSPONSOR Plan Sponsor of the Year Awards and Retirement Plan Adviser of the Year awards are now available.Read more > |
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PSCA Collaborating with Groom Law Group for D.C. LobbyingThe Plan Sponsor Council of America (PSCA) has engaged the Groom Law Group to provide lobbying services for the organization. Based in Washington, D.C., The Groom Law Group is the largest employee benefits specialty law firm in the country and employs an array of policy experts including former senior officials from the Department of Labor (DOL), the Treasury Department, the Internal Revenue Service (IRS), the Pension Benefit Guaranty Corporation (PBGC) and Congress.Read more > |
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A Form 5500 OverhaulIn July 11, 2016, the Department of Labor (DOL), the Internal Revenue Service (IRS) and the Pension Benefit Guaranty Corporation (PBGC) proposed revisions to the forms and regulations governing the Form 5500 annual reporting process for employee benefit plans. These proposed revisions, if implemented, would be the most significant overhaul of Form 5500 since the agencies’ last update with the 2009 plan year.Read more > |
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ASK THE EXPERTS
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Coverage Amount for Fiduciary Liability Insurance“I know from an prior Ask the Experts column about the difference between a Fidelity Bond and Fiduciary liability coverage, but I had a question regarding the amount of coverage. The prior Q&A mentioned that Fidelity Bond coverage is generally 10% of assets up to $500,000, but no corresponding required amount was listed for Fiduciary Liability coverage. Is there any required or recommended amount for coverage under a fiduciary liability insurance policy?”Read more > |
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