|
NTSAA Update
(June 12, 2013) — What’s new in the 403(b) retirement plan market? In this update from the National Tax Sheltered Accounts Association (NTSAA), Executive Director Chris DeGrassi discusses how membership and advocacy efforts are bringing choice and transparency to the marketplace. NTSAA is leading an initiative called 403(b) Open that will change how public school employees receive information and understand how their retirement plans work. NTSAA is also drafting legislation to help states redesign 403(b) plans that will help public school employees save more money. For more on NTSAA, visit http://www.savemy403b.com/
|
|
|
Washington Update: Tax Reform Rearing its' Head Again
(May 2, 2013) — ASPPA CEO Brian Graff explains how the upcoming debt ceiling deadline and the impending retirement of Sen. Max Baucus (D-MT) could trigger the full bore tax reform effort for which the industry has been bracing.
|
|
Washington Update: Obama's Budget is a Retirement Plan Killer
(April 15, 2013) — During CNBC's "Squawk on the Street," anchor Rick Santelli talks with Brian Graff, the American Society of Pension Professionals and Actuaries' CEO, about who will get hurt the most in a proposal that limits pension contributions.
|
|
Washington Update: Obama's Budget is a Retirement Plan Killer
(April 11, 2013) — ASPPA CEO Brian Graff slams two provisions in the President’s FY 2014 budget proposal. The first of these two “retirement plan clunkers” in the budget would result in double taxation of 401(k) plan contributions. The second “clunker” is the new $3 million lifetime aggregate cap on DC plans and IRAs.
|
|
Raid on Your Retirement
(April 8, 2013)—Judy Miller, ASPPA’s Director of Retirement Policy, joins Fox Business Network's "The Willis Report" to discuss how President Obama’s proposed budget savings cap would penalize savers and be a retirement-plan killer.
|
|
Washington Update: Facts on the New California Retirement Model
(March 13, 2013)—CEO and executive director of ASPPA Brian Graff clarifies the details of pending legislation in California on retirement plan coverage. The legislation requires employers to offer a plan to their employees, but does not require employers to use a single provider or state-run program. Graff explains that the legislation expands coverage without sacrificing a competitive market, strengthening workers' ability to save for retirement. Look for other states to follow California's lead—including Connecticut, Illinois, and Maryland. (Total run 1:49)
|
|
Tax Reform on the Horizon
(February 22, 2013)—Since Congress passed a last minute deal to alleviate the fiscal cliff, tax reform has taken a backseat to other issues. ASPPA CEO Brian Graff talks about a working group that Congress created to study retirement plan tax incentives. Graff urges members to spread the word about savemy401k.com and tell Congress to preserve the retirement tax incentives that power American workers retirement. (Total run 1:32)
|
|
Washington Update: Fiscal Cliff 2
(January 15, 2013)—ASPPA CEO Brian Graff defines the issue and key players of "Fiscal Cliff 2" and why the process will be a challenge to lawmakers and how it will all impact retirement professionals. Graff warns that things will heat up in Washington around the end of February, when the debt ceiling is reached, sequestration begins, and lawmakers begin looking for more revenue.
Run Time: 2:40
|
|
Washington Update: Fiscal Cliff Negotiations
December 3, 2012 —ASPPA’s CEO Brian Graff discusses the ongoing negotiations on the looming “fiscal cliff.” He explains the proposals in play and the negotiating stances of both Republicans and Democrats. Graff also talks about the repercussions of the U.S. “going over the cliff” and stresses the need for leadership from the White House as time runs out for politicians to make a deal.
Total run time = 3:39
|
|
Save My 401k
November 26, 2012 — As Democrats and Republicans debate tax reform in 2013, the retirement security of more than 60 million Americans will be at risk. ASPPA’s Executive Director Brian Graff shares how the grassroots “Save My 401k” campaign can engage ASPPA members, workers, and employers so Congress understands any proposal that cuts the contribution limits of 401(k) plans could have a devastating impact on the retirement savings of millions of middle-class workers.
Total run time: 2:43
|
|
Impact of the 2012 Election on the Retirement Industry
November 07, 2012—ASPPA's Executive Director Brian Graff breaks down the results of the 2012 national election, calling it a “status quo” election with the Democrats maintaining control over the White House and Senate while Republicans continue their control of the House of Representatives. He discusses the election’s impact on tax reform, the possible resolution of the “fiscal cliff,” and the influence of these issues on the retirement industry.
Total run time = 1:34
|
|
ASPPA President Robert Richter’s Year in Review
WASHINGTON (October 11, 2012)—ASPPA's Executive Director and CEO Brian Graff sits down with 2011-2012 ASPPA President Robert M. Richter to discuss the strong relationship between ASPPA and governmental regulatory agencies, future threats to the retirement industry, the upcoming battle over tax reform, the ASPPA Political Action Committee, and Richter’s tenure as ASPPA President.
Total Run Time = 7:38
|
|
Washington Update: Presidential Election Forecast
October 3, 2012—ASPPA's Executive Director and CEO Brian Graff breaks down the upcoming 2012 Presidential election and offers his prediction on the outcome of several key national races and the election’s impact on tax reform and possible resolution of the “fiscal cliff.”
Total Run Time = 4.21
|
|
Regulatory Update: DOL Guidance on Plan Fiduciaries & Brokerage Windows
September 19, 2012 — ASPPA’s General Counsel and Director of Regulatory Affairs, Craig Hoffman, discusses FAQ # 39 from the Department of Labor’s (DOL) recently released Field Assistance Bulletin 2012-02R. FAQ 39 replaced FAQ 30 which had indicated that plan fiduciaries may have responsibilities to monitor investments made through a self directed brokerage window and generated wide public comment. Hoffman discuss the clarification from DOL and the impact the new FAQ#39 will have on retirement plan professionals.
Total Run Time = 3:07
|
|
Regulatory Update—Transitional Relief for Plan Administrators & Covered Service Providers
ASPPA's General Counsel and Director of Regulatory Affairs, Craig Hoffman, discusses FAQ # 37 from the Department of Labor’s Field Assistance Bulletin 2012-02. The guidance provides that enforcement actions will generally be unnecessary if a plan administrator or covered service provider has acted in accordance with a good-faith interpretation of the regulations and has established a plan to come into compliance with the requirements of the Field Assistance Bulletin.
Total Run Time = 3:34
|
|
Regulatory Update—DOL Issues Guidance on Brokerage Windows
June 15, 2012— ASPPA's Director of Regulatory Affairs, Craig Hoffman, explains the requirements for plan fiduciaries regarding brokerage windows under the Department of Labor’s Field Assistance Bulletin 2012-02.
Total Run Time = 3:47
|
| |
Regulatory Update-DOL FAQ on 404(a)(5) Participant Fee Disclosure
May 31, 2012— ASPPA's Director of Regulatory Affairs Craig Hoffman explains how the recently released U.S. Department of Labor FAQ on the 404(a)(5) participant level fee disclosure will impact retirement plan professionals.
Total Run Time = 4:15
|
| |
Regulatory Update: FAQs Expected from the DOL
April 12, 2012— Since the Department of Labor issued the final fee disclosure regulation in February, many questions have been raised on the exact impact of the new rule. In particular, the meaning of the term "designated investment alternative" and whether asset allocation strategies should be classified as such. Michael Davis, Deputy Assistant Secretary of EBSA at the Department of Labor, indicated at the ASPPA 401(k) SUMMIT held in March of 2012 that sub-regulatory guidance—in the form of frequently asked questions (FAQs)—should be available on the DOL website "within weeks" Although not yet released, it is expected shortly.
Total Run Time = 3:04
|
| |
Regulatory Update: DOL Releases Final Fee Disclosure Rules
February 29, 2012— After a much anticipated wait, the U.S. Department of Labor (DOL) released the final 408(b)(2) fee disclosure regulation that dictates what covered service providers must disclose to plan fiduciaries in conjunction with providing services to a covered plan . But what does the late release of the regulation mean for retirement professionals? ASPPA's General Counsel and Director of Regulatory Affairs, Craig Hoffman, discusses the new extended effective date and how it impacts transitional relief for participant disclosures under Regulation §2550.404a-5.
Total Run Time = 4:13
|
| |
403(b) Taskforce Releases New Industry Fee Disclosure Standard
February 1, 2012— New regulations governing participant fee disclosure go into effect this spring for 401(k) plan participants but those regulations don’t apply to public school 403(b) plans. An 403(b) industry led taskforce set out to provide public school employees with key information and today released new disclosure standards that help public school employees make apples to apples comparisons of their 403(b) retirement savings options. ASPPA CEO Brian Graff explains how improved disclosure on fees and services leads to better informed participants.
Total Run Time = 1:35
|
|
Washington Update: 2012 Retirement Forecast
December 21, 2011—ASPPA's Executive Director Brian Graff offers a preview to key retirement issues on the legislative and regulatory agenda and how they will impact retirement plan professionals.
Total Run Time = 2:52
|
| |
|