7th Circuit Says Advocate's Plan Is Not a Church Plan |
The 7th U.S. Circuit Court of Appeals has ruled that the defined benefit plan sponsored by Advocate Health Care Network does not qualify as a church plan exempt from many provisions of the Employee Retirement Income Security Act.
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Beneficiary Designation Case Turns on Plan Documents |
A thorny Employee Retirement Income Security Act dispute bouncing around the federal courts, known as Becker v. Mays-Williams, highlights the importance of precision in retirement plan documentation and communications—on the part of participants as well as service providers.
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Aging Population Will Create Opportunities for Institutional Investors |
Research from PGIM suggests aging populations worldwide will create investment opportunities across real estate, health care, and technology.
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QSERP Sponsors Could See Rule Change Under IRS Proposal |
The IRS says if a benefit formula applies solely to a highly compensated employee who is identified by name, it does not apply to a reasonable business classification.
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