Week ending June 7th, 2019 Happy Friday, PLANSPONSOR readers! This week we’ll be highlighting compliance news. Learn what ERISA Litigator Jerry Schlichter had to say about retirement plan investment and recordkeeping fees in a new interview with PLANSPONSOR. Next, the IRS recently issued Revenue Procedure 2019-25, and announced its 2020 health savings account (HSA) contribution limits. The Department of Labor (DOL) received letters from eight organizations asking to propose regulations that would permit plan sponsors to make electronic delivery the default method of delivery for retirement plan disclosures and notices, and the Securities and Exchange Commission (SEC) announced two new initiatives for teachers and military personnel. Additionally, read what attorneys said about the Setting Every Community Up for Retirement Enhancement (SECURE) Act and other regulation trends during our Washington Update session at this year’s PLANSPONSOR National Conference (PSNC), held this past week in Washington, D.C. All this news and more, on this edition of PLANSPONSOR Weekend.
Editor's choice Compliance An ERISA Litigation Conversation with Jerry Schlichter Retirement plan investment and recordkeeping fees have fallen in the last 10 years, but ERISA litigator Jerry Schlichter says there is more room for improvement.Read more > Compliance IRS Announces 2020 HSA Contribution Limits The limits will increase $50 for an individual with self-only coverage and $100 for an individual with family coverage in 2020.Read more > Compliance DOL Asked to Make Electronic Delivery of Retirement Plan Disclosures the Default Eight organizations associated with defined contribution (DC) plans submitted a letter to the Employee Benefits Security Administration of the Department of Labor (DOL) asking it to propose regulations that would permit plan sponsors to make electronic delivery the default method of delivery for retirement plan disclosures and notices.Read more > Compliance SEC Expanding Financial Education for Teachers, Military Personnel The initiatives build on the Securities and Exchange Commission’s (SEC’s) past efforts and focus additional enforcement and investor education on these groups.Read more > Compliance PSNC 2019: Washington Update Attorneys discuss provisions of the widely supported SECURE Act, plus hot topics in regulation.Read more >
MOST POPULAR STORIES