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Members of the Senate Finance Committee expressed hope May 14 that Congress would move quickly to approve the long-pending Retirement Enhancement and Savings Act (RESA) before moving to the next round of broader retirement savings reforms.
“I’m hoping that the House will send its version of RESA...
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The 2019 Advisory Council on Employee Welfare and Pension Benefit Plans, a body that provides support and advice to the Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA), has said that it will be reviewing transfers of uncashed checks from ERISA plans to state unclaimed...
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Despite a rocky end to 2018 and predictions of an impending recession, those who stayed the course with their 401(k) were rewarded with a generous first quarter rebound on the 10-year anniversary of the stock market low.
Buoyed by positive stock market performance as well as record contribution...
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A measure that would create a board to study appropriate approaches to increase retirement savings by private-sector workers in Colorado reached the desk of Gov. Jared Polis (D) on May 13 and awaits his signature.
Senate Bill 19-173 calls for the creation of a Colorado Secure Savings Plan Board...
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A key member of Congress has reintroduced legislation that would permit 401(k), 403(b), SIMPLE and governmental 457(b) retirement plans to make matching contributions to workers as if their student loan payments were salary reduction contributions.
Sen. Ron Wyden (D-OR), Ranking Member of the...
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The IRS has issued final regulations that amend regulations on user fees for Enrolled Agents (EAs) and Enrolled Retirement Plan Agents (ERPAs). The final regulations affect individuals who are, or apply to become, enrolled agents and individuals who are enrolled retirement plan agents.
The final...
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That playground see-saw is more than a reverse-direction teeter-totter. It’s an apt simile for the paradox a recent white paper discusses concerning Pension Benefit Guaranty Corporation (PBGC) premiums.
In “The PBGC Premium Burden Report — 2019,” the defined benefit administration and consulting...
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The 2019 Retirement Confidence Survey (RCS) found a continued increase in retirement confidence – but some were more likely to be confident than others.
Confidence about retirement is one thing, of course, and preparation something else, though the two are logically intertwined. That said, for...
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With billions of dollars continuing to leave the retirement system early every year, a new report looks at factors that lead individuals to take early withdrawals, as well as policies that may help reduce the incidence.
In “Additional Data and Analysis Could Provide Insight into Early Withdrawals...
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The key Senate committee with jurisdiction over retirement tax policy issues is turning its attention to reviewing proposals that encourage and facilitate retirement savings.
Sen. Charles Grassley (R-IA), Chairman of the Senate Finance Committee, has announced that the Committee will hold a...
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