Compliance | April 1st, 2020 Important Considerations Before Waiving RMDs Taking required minimum distributions (RMDs) is about shifting to a taxable account, not necessarily about liquidating investments.
Compliance | March 31st, 2020 DB Plan Relief Included in the CARES Act The bill provides a delay for minimum annual required contributions and relief for plans that may have benefit restrictions triggered...
Compliance | March 26th, 2020 Retirement Plan Provisions Included in Senate’s Stimulus Package Among other things, the bill would allow for targeted, penalty-free access to tax-qualified accounts for those hit hardest by the...
Compliance | March 26th, 2020 SECURE Act Eases Paths for DB Plans A new minimum age for in-service withdrawals and permanent nondiscrimination testing relief ease plan sponsors’ ability to keep older employees...
Compliance | March 23rd, 2020 Loan, Hardship Withdrawal Flexibility Among Possible Congressional Actions Lawmakers are debating what will likely prove to be an unprecedented stimulus package aimed at helping businesses, workers and retirees...
Administration | March 16th, 2020 Next Steps for 403(b) Plan Sponsors Now that plan documents will be cleaned up, 403(b) plan sponsors can focus on strategic tasks such as plan design...
Compliance | March 10th, 2020 How Democratic Candidates’ Retirement Proposals Could Affect Employer-Sponsored Plans A national automatic savings plan would be a strong possibility, multiemployer plan sponsors could end up in a worse crisis...
Ask the Experts | March 10th, 2020 Does SECURE Act’s Inclusion of Part-Time Employees Provision Apply to 403(b)s? Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Compliance | February 20th, 2020 SECURE Act Guaranteed Income Safe Harbor Provides Assurance to Plan Sponsors Attorneys discussed the clarity it provides, due diligence required and the hurdle of getting participants to accept annuities.
Compliance | February 11th, 2020 Getting Ready to Include Part-Time Employees in Retirement Plans 401(k) plan sponsors need to understand all the parts of the new requirement and, for some, the long-term effects on...
Compliance | February 6th, 2020 The Impact of SECURE Act Lifetime Income Projections Seeing a paltry “retirement paycheck” estimate may shock a lot of participants into making greater contributions to their retirement accounts.
Opinions | February 3rd, 2020 Barry’s Pickings: The 2020 Retirement Policy Agenda Michael Barry, president of O3 Plan Advisory Services LLC, discusses policy issues he hopes to see addressed—most not in the...
Compliance | January 31st, 2020 Details About SECURE Act’s PEP and Lifetime Income Provisions Open MEPs are now PEPs, and additional guidance is needed about requirements for PEPs and other provisions of the SECURE...
Administration | January 28th, 2020 Getting SECURE Act’s Lifetime Income Provisions Right Industry sources agree pains must be taken to ensure mandatory lifetime income projections to participants are accurate and contextual education...
Opinions | January 22nd, 2020 Should Your Company Finally Offer a Retirement Plan? David Levine and Kevin Walsh, with Groom Law Group, Chartered, discuss opportunities—some created by recent legislation—for small business employers to...
Compliance | January 8th, 2020 Actions to Comply With SECURE Act Should Already Be Underway Though more guidance is expected for certain provisions of the SECURE Act, there are some that are urgent for plan...
Opinions | January 2nd, 2020 Barry’s Pickings: Retirement Policy 2019 Report Card: B+/A- Michael Barry, president of O3 Plan Advisory Services LLC, rates how actions of Congress, regulators and the courts have or...
Compliance | December 26th, 2019 The SECURE Act Is a Reality in 2020 In 2019, the retirement plan industry saw the debate, support and eventual passage of the SECURE Act.
Compliance | December 23rd, 2019 American Miners Act Included in Budget Bill The bill transfers certain funds to provide pension and health benefits for retired coal miners.
Compliance | December 20th, 2019 How the SECURE Act Will Impact 403(b) Plans Sponsors can distribute assets from a 403(b)(7) custodial account, along with other measures.