Tag: Defined contribution

IRS Delays Plan Amendment Timetable

The Internal Revenue Service (IRS) has given plan sponsors more time to adopt plan amendments to implement a variety of Pension Protection Act (PPA) requirements, including allowing participants to divest out of company stock.

National Investment Managers Acquires New Block of Business

National Investment Managers, a nationally-based and regionally-operated retirement plan administration and investment management company, has agreed to acquire a book of approximately 500 balance-forward (not valued daily) retirement plans from Standard Retirement Services, Inc.

A Call for Changes in Retirement Policies and Solutions

A new report says that although the trend toward greater individual responsibility for retirement security will undoubtedly continue, there is much that employers, financial institutions, and the government can do to modernize their retirement policies and solutions in order to help Americans achieve a secure and dignified retirement.

IRS Sets Benefits Limits for 2010

The Internal Revenue Service has announced cost of living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2010.