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Benefits & Administration |
SOA Measures Mortality ‘Anomaly’ in 2016 |
The slight decrease in overall mortality during 2016 measured by the Society of Actuaries may seem to run counter to the Center for Disease Control’s (CDC)’s report that life expectancy at birth declined 0.1 years, however both stats are in fact true.Read more > |
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Compliance |
Avoid Inadvertently Defaulting Participant Plan Loans Post Tax Cuts |
Drinker Biddle staffers Christine Kong, partner; Karen Gelula, counsel; and Monica Novak, associate, have published a new client alert analysis, offering some important observations about a few of the more obscure changes included in the Tax Cuts and Jobs Acts anticipated to impact employers and their retirement plans. The attorneys warn that many of the elements discussed here generally apply to plan years beginning after December 31, 2017. Following the GOP tax cuts, plan sponsors may wish to coordinate administration of their loan offset rollover rules with their third-party administrator (TPA) in order to avoid inadvertently defaulting participants’ plan loans.Read more > |
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Products, Deals and People |
Investment Products and Services Launches |
Invesco launches Peak Retirement Target-Date Fund Series, and Efficient Advisors launches mutual fund partnership with Dimensional.Read more > |