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I am just returning from the ARA Board meeting in Key West. We had 9 inches of snow on the day that I left home. The trip was a great early winter get away!
During the meeting, each sister organization provided an update. Most of the ACOPA update related to Academy actions and subsequent vote. My...
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In what will be his third stint as chairman, veteran senator Charles Grassley (R-IA) has decided to return as head of the powerful Senate Finance Committee.
When the 116thCongress convenes in January, Grassley, 85, plans to step down from his current position as chairman of the Senate Judiciary...
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The ERISA Advisory Council has recommended that the Department of Labor (DOL) issue new guidance on ERISA bonding. The recommendation comes in a report to Secretary of Labor Alexander Acosta that includes the council’s evaluation of the DOL’s regulations and guidance on ERISA bonding requirements...
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Two plaintiffs in a class action suit against third-party administrator Vantage Benefits and custodian Matrix Trust company have voluntarily dismissed without prejudice their lawsuit against the latter.
The two plaintiffs, who are Texas A&M University retirees, voluntarily dismissed their...
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Thanksgiving has been called a “uniquely American” holiday, and though that is perhaps something of an overstatement, it is unquestionably a special holiday, and one on which it seems appropriate to reflect on all for which we should be thankful. And so…
I’m thankful that participants, by and...
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ASPPA Connect wishes its readers a happy Thanksgiving. Thank you for your support! ASPPA Connect will not be appearing on Friday, Nov. 23; however, it will be back to business as usual on Monday, Nov. 26.
Most people are very familiar with the Thanksgiving proclamations George Washington and...
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In response to a federal court request, Golden State officials have elaborated on why CalSavers – the state’s state-run automatic IRA program for private sector workers – isn’t preempted by ERISA.
The comments came in a brief (Howard Jarvis Taxpayers Ass’n v. Calif. Secure Choice Ret. Savings...
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California has joined neighboring Oregon in offering a functioning state-run retirement plan for private-sector employees whose employers do not offer a retirement plan. The pilot for CalSavers formally launched on Nov. 19. Calpensions had announced recently that the launch was impending....
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Those served by the Pension Benefit Guaranty Corporation’s (PBGC) single-employer program have something to smile about — the PBGC has reported that the program now shows a positive balance.
The news, contained in the PBGC’s Fiscal Year 2018 Annual Report, shows progress at a much faster rate than...
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A group of Senate Democrats have introduced a bill “designed to help more working families and middle-class Americans save for retirement” – and it brings back MyRA.
The legislation – the Encouraging Americans to Save Act (EASA) – enhances retirement savings incentives by:
restructuring the...
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