Senators Question a Policy Reversal to Allow Lump-Sum Payouts to Retirees
Murray and Wyden’s letter to the IRS and Treasury asks why employers will be permitted to offload pension liabilities and...
Tag: Retirement New Legislation
Senator Murray Reintroduces ‘Women’s Pension Protection Act’
The legislation would strengthen consumer protections, improve access to retirement savings plans for part-time workers, help increase women’s financial literacy,...
Congressional Democrats Continue Butch Lewis Act Advocacy
The Butch Lewis Act offers a way to preserve union retiree pension benefits through an emergency loan program funded with...
Many RESA Provisions Included in ‘Tax Reform 2.0’
One of three bills introduced this week as part of “Tax Reform 2.0,” the Family Savings Act includes many of...
Clearing the House, HSA Bills Face Less Certain Senate Consideration
If plan sponsors have suggestions and or would like to express support for health savings accounts, now is a good...
Sifting Through Retirement Plan Regulations
Understanding the hierarchy of regulations and how plan sponsors should interpret seemingly conflicting ones.
PSNC 2018: Retirement Security at an Inflection Point, Part 2
The trust and expectation that employees place in their employers to help them prepare effectively for retirement is stronger than...
Benefits |
Without Bold Action, Social Security Woes on the Horizon
Prudential Financial experts anticipate Social Security’s funding shortfall will likely result in program changes over time, such as reducing cost-of-living...
Benefits |
Social Security Trustees Warn of Impending Depletion Without Congressional Action
According to the Social Security Board of Trustees, the total annual cost of the federal benefits program is projected to...
Taxpayer Association Seeks to Derail California Secure Choice
According to the text of the complaint, the act that created the California Secure Choice program “violates the Supremacy Clause...
Think Multiemployer Pension Insolvencies Aren’t Your Problem?
Tens of thousands of employers in the U.S. contribute to multiemployer pension funds that are in critical and declining status,...
Tax Reform Could Impact Corporate Bond Supply, LDI Strategies
Willis Towers Watson researchers present various opportunities “outside of traditional hedging assets other than long corporate credit that may be...
New Joint Committee Seeks Input on PBGC Solvency, Multiemployer Pensions
U.S. Senators Orrin Hatch and Sherrod Brown are seeking public and industry input on ways to improve the solvency of...
Benefits |
DCIIA Policy Priorities Take Aim at the DC Plan Coverage Gap
Peg Knox, chief operating officer of DCIIA, points to both the coverage gap and retirement income adequacy as being top...
Circuit Courts’ Conflict on DOL Fiduciary Rule Could Persist
The fact that two U.S. Circuit Courts of Appeals, the Fifth and the Tenth, have issued conflicting rulings about the propriety of...
PGIM DC Leader Urges Aggressive Plan Design, Sponsor Courage
Drawing insights from across the entire Prudential Financial organization, Josh Cohen, PGIM head of defined contribution, offers some sobering statistics...
Would a Retirement Plan Mandate Mirror Affordable Care Act Fight?
“I really like the idea of promoting default-driven plans, and the evidence is abundantly clear that automatic retirement plans can...
Avoid Inadvertently Defaulting Participant Plan Loans Post Tax Cuts
Following the GOP tax cuts, plan sponsors may wish to coordinate administration of their loan offset rollover rules with their...
House Bill Seeks Retirement Plan ‘Simplification and Enhancement’
Alongside numerous changes, the bill seeks to eliminate the current 10% cap on automatically-increased deferral rates of employees who are...
CalPERS’ Ongoing Push Into ESG Drives a Healthy Debate
The debate started when the American Council for Capital Formation published a sharply written report alleging that, as the group...