Compliance | May 26th, 2022 Department of Labor Announces Final Form 5500 Changes The changes to Form 5500 for defined contribution and defined benefit plans are modest.
Data and Research | May 5th, 2022 Small Employers Are Showing Interest in PEPs Among plan sponsors with fewer than 100 workers, interest in pooled employer plans has begun to take shape.
Data and Research | May 2nd, 2022 Retirement Plan Appreciation Remains High However, survey data shows there are some areas where employers could improve their communication strategies to optimize plan utilization and...
Compliance | February 16th, 2022 Industry Support Voiced for LIFE Act’s Introduction in House Financial services companies and retirement plan industry advocacy groups are rallying behind the legislation, which would allow plan sponsors to...
Compliance | January 7th, 2022 Finalized Form 5500 Changes Add Little to Plan Sponsors’ Responsibilities While plan sponsors will need to ensure the form contains accurate data, many of the proposed changes to the 2021...
Compliance | December 30th, 2021 DOL Publishes Informational Copies of 2021 Form 5500 Among other notable changes, the Form 5500 instructions have been amended to make clear that a pooled employer plan is...
Compliance | November 19th, 2021 House Committee Approves Bill Aimed at Increasing Retirement Plan Coverage Among other things, the RISE Act would encourage retirement savings by allowing plan sponsors to offer small financial incentives to...
Compliance | September 14th, 2021 DOL Asks for Comments on Proposed Changes to Form 5500 The agency—which says the revisions are needed to implement provisions of the SECURE Act—has also published a notice of proposed...
Compliance | July 22nd, 2021 Post-COVID, Lawmakers Return, in Earnest, to Retirement Readiness During a SIFMA webinar earlier this week, Congressional leaders and asset management executives discussed SECURE Act 2.0 and other legislation...
Compliance | June 23rd, 2021 House Education and Labor Committee Debates SECURE 2.0 Another House committee has held a hearing on the popular ‘SECURE 2.0’ legislation, setting the stage for a full floor...
Compliance | June 8th, 2021 IRS Reminds Plan Sponsors of Plan Qualification Requirements The IRS updates its Operational Compliance List periodically to reflect new legislation and IRS guidance, and it reflects that many...
Compliance | May 5th, 2021 SECURE Act 2.0 Passed Unanimously by Ways and Means Committee A rare unanimous affirmative voice vote by the Ways and Means Committee allows the SECURE Act 2.0 to be considered...
Compliance | May 4th, 2021 House Committee Expected to Advance ‘SECURE Act 2.0’ Commenting on the expected legislative action, sources agree the stakes remain high when it comes to addressing the U.S. retirement...
Ask the Experts | April 6th, 2021 QBAD Distribution Limits When One Spouse Doesn’t Participate in a Retirement Plan Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Ask the Experts | March 9th, 2021 Lifetime Income Illustrations for 403(b) Plans With Annuities Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Ask the Experts | March 2nd, 2021 RMDs in 2021 Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Compliance | February 25th, 2021 CARES Act Considerations: CRDs, RMDs, Taxes and More Between retirement reforms first created by the SECURE Act and then updated by the CARES Act, there is a lot...
Ask the Experts | February 23rd, 2021 Can Beneficiaries Elect Timing of Payments From Inherited 403(b) Assets? Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Data and Research | February 1st, 2021 Plan Sponsors Aren’t Warming Up to Provisions of the SECURE Act Very few are interested in joining a PEP, and obstacles remain before sponsors will add annuities to their DC plans.
Compliance | January 14th, 2021 Compliance Duties and Litigation Risks in 2021 Attorneys review what regulations plan sponsors must adhere to and legal decisions to keep in mind for the new year.