Happy Friday and Happy New Year PLANSPONSOR readers! Our coverage proves it’s never a dull year for the retirement plan industry, as the new year started with a couple more excessive fee suits being filed against plan sponsors and providers. It could be an interesting year for church plans, with ongoing litigation and new legislation finally passed. New guidance from the IRS anticipates the release of pre-approved 403(b) plan documents. An uptick in the number of participants who understand target-date funds shows results coming from the Pension Protection Act, which celebrates its 10th anniversary this year—something we will be delving more into in the months to come. All this and more in the latest edition of PLANSPONSOR Weekend.
Lawmakers’ repeated efforts to clarify the application of certain tax and retirement laws and regulations to the church retirement plans have come to fruition.Read more >
The retirement plan industry is approaching the 10-year anniversary of the Pension Protection Act, a law that has clearly impacted participant investing knowledge and behavior.Read more >
A study finds budgeting, managing credit card debt, and paying off student loans were all higher financial priorities for 100,000 individuals profiled.Read more >
