PLANSPONSOR Weekend Newsdash
Week ending July 15th, 2016
In addition to reports about debt and other retirement worries, this week’s news included research suggesting Roth accounts are beneficial to most retirement plan participants and that public pension plans are more portable than one might think. Regulators have been busy, as Form 5500 changes have been proposed and the Internal Revenue Service (IRS) is now asking defined benefit (DB) plan sponsors applying for a determination letter to reveal any risk transfer plan language. An attorney shares how he helped a multiemployer plan member reduce withdrawal liability, and experts we turn to answer the question of when a participant loan is actually considered to be in default. Enjoy this edition of PLANSPONSOR Weekend!
Editor's choice
IRS Requesting DB Lump-Sum Payment Window Information
DB plan sponsors requesting a determination letter should identify whether the plan has risk transfer language.Read more >
Form 5500 Annual Report Modernization Proposed
Regulators including the DOL, PBGC and IRS are seeking to update the reporting requirements related to the Form 5500 filed by private-sector retirement plans.Read more >
Industry Voices
Reductions in Multiemployer Plan Withdrawal Liability Possible
Robert R. Perry, a principal in the New York City office of Jackson Lewis P.C., recently represented an employer in a withdrawal liability arbitration that resulted in the employer saving approximately $15 million.Read more >
Data and Research
Public Pensions Provide Retirement Income and Portability
Research finds that nearly all state retirement systems have features that allow for preservation of retirement income benefits even for employees who change jobs.Read more >
Ask the Experts: (b)lines
When Is a Loan Considered to Be in Default?
“I noticed that you have written a number of Ask the Experts columns regarding loan defaults, but none of those Q&As appear to answer a basic question that I have. When is a loan considered to be IN default?”Read more >
Share the good news with a friend! Pass the NewsDash along—and tell your friends/associates they can sign up for their own copy.Read more >
Another Schlichter Suit Targets Sponsor and Providers

Even cases that allege potential wrongdoing on the part of a service provider are often targeted exclusively at the plan sponsor. Not so in the latest suit filed by the law firm Schlichter Bogard & Denton.

2020 Recordkeeping Survey
Participants Are Saving More With ‘TDF-Plus’ Strategies

A new study finds participants who blended funds were on track to replace more of their pre-retirement income than those who did not.

The NQDC Market

Data on number of plans, participants and liabilities by nonqualified plan type, and a listing of the largest providers of section 409A plans and section 457 plans.

2020 Best in Class DC Providers

Editorial: Alison Cooke Mintzer


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