Cure Periods and Other Ways to Prevent Leakage From Coronavirus Relief Bill
Coupling more generous loan programs with robust educational resources is a good place to start.
Tag: retirement plan distributions
DC Plan Sponsors Reacting With Moderation to Coronavirus
Relatively few are taking action to suspend or decrease contributions, and they are prudently relying on providers for guidance, a...
Opinions |
The CARES Act Loan Expansion: A Potential Powder Keg in a Pandemic
Alison Borland, with Alight Solutions, discusses why the firm determined the CARES Act provision allowing larger loans is sub-optimal when...
Opinions |
CARES Act’s Provisions Are Well-Intentioned but Could Harm Retirement Readiness
Reminders about the long-term effects of plan leakage on retirement savings could protect retirement plan participants from making harmful decisions.
Products |
MassMutual Offers CARES Act Provisions to Retirement Plan Clients
Plan sponsors can ‘opt-in’ to offer the provisions to participants.
Products |
Empower Waives Fees for Retirement Plan Loans and Hardship Withdrawals
The change is for all tax-qualified workplace retirement plans administered by Empower that permit such distributions and includes new provisions...
Administrative Considerations for CARES Act Transactions
Plan sponsors need to understand the details and ask themselves certain questions to make sure they are complying with the...
Coronavirus-Related Distributions From 403(b) and Governmental 457(b) Plans
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Retirement Plan Providers Preparing for Spikes in Loans and Hardships
As the retirement industry awaits details of a coronavirus stimulus relief bill, a spike in participant loans and hardship withdrawals...
Distribution Reporting for 457(b) Plans
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
DC Plans Moving to Become Decumulation Vehicles
More plan sponsors have a policy for retaining the assets of terminated and retired participants and more are offering decumlation...
Contributing an RMD to a Charity
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Opinions |
Ask the Experts – Can In-Service Distributions Be Rolled Over?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Rollover Rules Between Different Plan Types
Retirement plan sponsors need to understand IRS rules for rollovers and what they should consider before accepting one.
Undocumented Workers Become a Missing Participant Problem
Nothing in ERISA says an undocumented worker cannot participate in a retirement plan, but making a distribution to one could...
(b)lines Ask the Experts – Difference Between Plan Distribution Withholding and Actual Taxes Paid
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
Plan Sponsors Recognizing Need for Decumulation Choices
A new survey from Alight Solutions indicates more employers are expanding distribution options in their DC retirement plans to help...
Participants Need More Education About Distribution Options
Forty-two percent of those between the ages of 35 and 65 who left a job where they had money in...
(b)lines Ask the Experts – Must a Nonelecting Church Plan Require Spousal Consent?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
(b)lines Ask the Experts – Early Distribution Penalties for Pre-Tax and Roth Accounts
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.