PLANSPONSOR Weekend Newsdash
Week ending April 15th, 2016
Of course, the industry is still trying to muddle through the implications of the Department of Labor’s final fiduciary rule. We are hosting a webcast about implications for plan sponsors. We hope you will join. Our first-ever HSA Buyer’s Guide is online, some interesting studies have implications for retirement planning, a long-running case that reached the U.S. Supreme Court has been dismissed, and the Internal Revenue Service (IRS) pulled back on some proposed rules. Have a great weekend!
Editor's choice
Webcast: Fiduciary Rule Implications for Plan Sponsors
The Department of Labor (DOL) has published the final version of its “conflict of interest” rule to expand the definition of “fiduciary” under the Employee Retirement Income Security Act of 1974 (ERISA). Join us for a webcast sponsored by Voya Financial to discuss the implications for plan sponsors.Read more >
Edison Wins Dismissal of Excessive Fee Suit
The 9th U.S. Circuit Court of Appeals has again affirmed dismissal of a lawsuit against Edison International over three retail-class mutual funds it added to its 401(k) plan in 1999. The case had been remanded to the appellate court after a Supreme Court decision.Read more >
IRS Withdraws Some Proposed Nondiscrimination Rules
Rules affecting cross-tested plans and QSERPs were included in proposed guidance providing nondiscrimination testing relief for certain defined benefit (DB) plans.Read more >
Data and Research
Prioritizing Student Loan Debt Results in Lower Retirement Savings
HelloWallet found there are very few circumstances in which paying down student loans ahead of schedule leads to a higher net wealth at retirement.Read more >
Data and Research
Americans Confused About Safe Retirement Withdrawal Rate
More Americans are estimating a safe withdrawal rate of assets in retirement, but at least four in five Americans remain at risk, a study finds.Read more >
Share the good news with a friend! Pass PLANSPONSORWeekend along—and tell your friends/associates they can sign up for their own copy.Read more >