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IRS to Hold Session About FICA Replacement Plans
The Internal Revenue Service (IRS) has scheduled a phone forum about FICA Replacement Plans.
403(b) Pre-Approved Plan Program: What to Know
A significant part of the 403(b) regulations passed in 2007 was the requirement that plans be maintained pursuant to a written plan document.
Retiree’s Pension Overpayments Won’t Continue
A court has rejected a retiree’s attempt to continue receiving pension overpayments caused by a glitch in a plan consultant’s computer system.
ASPPA Makes Suggestions for In-Plan Roth Rollovers
The American Society of Pension Professionals & Actuaries (ASPPA) filed a comment letter with the Internal Revenue Service about in-plan Roth conversions.
Retirement Readiness Needs Greater Effort
Lack of retirement readiness is a global problem, with retirement illiteracy a major factor.
Retirement Unpreparedness Is a Global Problem
Lack of retirement readiness is an emerging global crisis confronting governments, employers and individuals, a new study indicates.
Savant Capital Brings Investment Advice Online
A new service from Savant Capital Management, eSavant Advisor, offers investment and planning advice to online investors.
Platform Boosts Engagement and Social Ease
Socialite, a social media platform from Actiance that allows people in regulated industries to share content and delegate access, has several new features.
Tax Incentives Benefit Most Participants
An analysis from the American Society of Pension Professionals & Actuaries (ASPPA) shows retirement savings tax incentives benefit a majority of workers.
Council Makes Beneficiary Designation Suggestions
The ERISA Advisory Council recommended steps the Department of Labor (DOL) should take to improve the beneficiary designation process.
Fidelity Exec Calls for Extension of PPA
The retirement savings crisis can be averted, in part by “extending the scope of what has been a very effective piece of legislation,” an executive from Fidelity Investments...
Altering Plan Design Can Mitigate Costs
With the right combination of plan design and automated program features, retirement plan effectiveness can often be improved within reasonable budget levels, a paper asserts.
T. Rowe Price Offers Social Security Calculator
T. Rowe Price launched the Social Security Benefits Evaluator.
Engaged Participants Also Need Help
When it comes to retirement planning communication, plan sponsors must remember to lend a helping hand to disengaged and engaged employees alike.
Adviser Efficiency Stems From Integrating Systems
Advisers need to integrate workflows, technology and human capital, according to a white paper from Fox Financial Planning Network (FFPN).
Brookings Suggests Tax Reforms for Retirement Plans
A set of reforms should make the saving incentives offered to retirement plan sponsors and participants more effective at a lower cost, a report said.
Smoothing May Distort Financial Picture for DBs
Understanding the financial status of a defined benefit (DB) plan requires understanding how smoothing methods have affected the plan’s reported data, a report finds.
ASPPA Asks for More Roth Conversion Guidance
Provisions of the American Taxpayer Relief Act of 2012 (ATRA 2012), which expanded the availability of in-plan Roth conversions, increased the need for additional regulatory guidance.
Mutual Funds Set to Pass $15T
The U.S. mutual fund industry (open- and closed-end funds, and exchange-traded funds) is set to surpass $15 trillion in assets in February, according to Strategic Insight.
Fidelity Facing Suit Regarding Float Income
Participants from three 401(k) plans have filed a lawsuit against Fidelity Investments regarding its use of float income.