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The 100 largest corporate pension plans’ funded status improved in the first month of 2019, Milliman reports.
In a recent analysis, Milliman says that its Milliman 100 Pension Funding Index shows that the funding of the 100 largest corporate pension plans improved by $19 billion in January. That...
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The IRS has issued a new version of Publication 560, “Retirement Plans for Small Business (SEP, SIMPLE, and Qualified Plans)" for use in 2018 reporting.
In addition to information about filing, Publication 560 contains information on the following:
what type of plan to set up;
how to set up a...
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Fee litigation trends and disclosure requirements have compelled plan sponsors to focus on how recordkeeping fees are allocated to participants, but beyond ERISA’s general fiduciary requirements, there is limited legal guidance, explains a new white paper.
Under the Department of Labor’s fee...
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The 2019 Eastern Regional Conference will be held at the Doubletree Center City Hotel in Philadelphia on Thursday, May 9 and Friday, May 10. One of only two live regional conferences to be sponsored by ASPPA in 2019, the Eastern Regional Conference has been designed to educate retirement plan...
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Having a retirement plan and a commitment to facilitating employees’ saving for their retirement is important. But the good that accomplishes can be blunted if the employer and the plan administrators don’t communicate about the plan effectively.
In “Effectively Communicating Your Retirement Plan...
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It is customary when sharing (or reading) the portents of a survey to focus on the actions that respondents say they have, or will undertake. But what about the things they say they will not do?
Human beings gravitate toward “norms,” of course. Plan sponsors, certainly those conscious of the...
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Clients’ expectations have changed. And that is in part explained, and fueled by, technology. In a Jan. 29 session of the NTSA 30th Anniversary Summit in Tampa, FL, Lincoln Investment Vice President of Branch Development Tom Lakatos offered his insights on this development.
Lakatos was definitive...
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Another state has moved to impose its own fiduciary standard with no ERISA exemption.
The Maryland legislature aims to implement a state level fiduciary standard through a comprehensive consumer protection bill introduced this week by State Sen. Jim Rosapepe (D-Prince George’s).
The bill grants...
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Health savings accounts (HSAs) have become a significant and growing part of American workers’ benefit programs, and, increasingly a significant component of their retirement savings strategy.
To better understand how these programs are designed and administered, the Plan Sponsor Council of...
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The American Retirement Association (ARA) on Feb. 4 submitted a comment letter to the Pension Benefit Guaranty Corporation (PBGC) on the agency’s proposed form and instructions that would enable it to obtain information it needs in order to make coverage determinations.
The PBGC had announced Dec...
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