view in browser | plansponsor.com
PLANSPONSOR BLINESs LOGO
week ending December 20th, 2019
While 401(k)s had their share of news throughout 2019, defined benefit (DB) plans saw some changes as well. A recent EPI report found DB plans can offer more equality than 401(k)s. Additionally, the PBGC published a final rule on pension plans undergoing distress or involuntary termination, while the OSFI released a form for contribution schedule reporting. Also, DB plan experts argued why cash flow needs are greater now than ever; River and Mercantile published its Monthly Retirement Update for December; and we learned what DB plans can learn from insurance companies. All this and more, on this edition of PLANSPONSOR Weekend.
Editor's Choice
Data and Research
Could New DB Plan Designs Solve for Retirement Savings Inadequacy and Inequality?
Recent studies find 401(k)s have increased retirement savings gaps among demographic groups, and those in 401(k)s have not met their savings potential, while DB plans offer more equality.
Compliance
Officials Issue New Items for DB Plan Sponsors
The PBGC has issued a final rule regarding pension plans undergoing distress or involuntary termination, and the OSFI has released a form for contribution schedule reporting.
Administration
DB Plan Cash Flow Needs Are Greater Than Ever
In these days of low interest rates, and following money market reform, investing strategies are needed to meet cash-flow needs from retiring Baby Boomers and pension risk transfer actions.
Administration
DB Funded Status Held Up Fairly Well, Considering…
Though down for the year, DB plan sponsors have seen upticks in funded status for three straight months, and sources make suggestions for continuing to hold on.
Investing
What DB Plans Can Learn From Insurance Companies
Insurance companies take on pension risk, so why wouldn’t DB plan sponsors take lessons from insurer’s investment strategies?
Popular Reads
Compliance
CARES Act Passes Congress, Including Retirement Plan Relief
Plan sponsors who have faced regional natural disasters will be familiar with many of the relief provisions adopted by Congress, from the suspension of required minimum distributions to the doubling of loan limits.
Compliance
Retirement Plan Provisions Included in Senate’s Stimulus Package
Among other things, the bill would allow for targeted, penalty-free access to tax-qualified accounts for those hit hardest by the health crisis.
Coronavirus News for Plan Sponsors
The latest news about market volatility, benefits and business updates, and legislative and regulatory actions.
Compliance
Loan, Hardship Withdrawal Flexibility Among Possible Congressional Actions
Lawmakers are debating what will likely prove to be an unprecedented stimulus package aimed at helping businesses, workers and retirees recover from the economic effects of the coronavirus pandemic.
Compliance
Tax Filing Relief Adds Time to Contribute to Benefit Plans
Individuals have more time to contribute to IRAs and HSAs, and employers have more time to contribute to their retirement plans.
Did someone forward you this newsletter? Sign up here to get PLANSPONSOR Weekend directly in your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2020 Asset International Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850