ERISA vista
Best Interest Reasons for a Rollover
PTE-2020-2 allows for circumstances that outweigh an IRA’s costs.
Tag: individual retirement account (IRA)
MyCTSavings Launch Hailed by State Leaders
Discussing the program’s launch with PLANADVISER, Connecticut Comptroller Natalie Braswell says the goal of the program is straightforward—to help ensure everyone can achieve a financially secure retirement regardless...
2021 Was Another Banner Year for Retirement Savers
Employer-sponsored retirement plans and individual retirement accounts reached almost $40 trillion in total assets by the end of last year,...
Caution Clients Against IRA Asset Class Mistakes
A recent court case demonstrates why owners of self-directed IRAs should be careful about their investment strategies and asset classes—and...
OregonSaves State-Run IRA Program Shows Some Successes
Early evidence suggests that the mandate for employers that don’t offer a retirement plan has boosted retirement savings.
Legislative Retirement Reforms Over 25 Years Might Have Primarily Benefitted Wealthy Individuals
A University of Virginia law school professor examines the impacts that policy changes, which intended to boost retirement savings, have...
Broadridge Fi360 Offers Enhanced Solution Ahead of DOL IRA Rollover Requirements
The Decision Optimizer tool offers a customizable, turnkey solution to help financial advisers and home-office clients comply with evolving ERISA plan/IRA transfer regulatory requirements.
Investment Product and Service Launches
Morningstar invests $11 million in iraLogix; Transamerica announces latest R6 share classes; and ESG Asset launches new capital health care...
Enhancing Emergency and Retirement Savings Act Unveiled
The bill would encourage retirement plan participation by giving people penalty-free access to funds in the event of an emergency.
FPS, iJoin Offer Automatic Rollovers From 401(k)s to IRAs
The service is designed for small accounts with less than $5,000.
How to Prevent Retirement Plan Leakage
Educating participants about the importance of remaining committed to retirement savings and of the value of consolidating accounts is a...
New York City Council Approves Auto-Enroll IRA Program
The proposal creates a mandatory automatic enrollment individual retirement account program for employers that do not offer a retirement plan and employ at least five people.
The Different Approaches to Expanding Retirement Plan Access
Already, state-run plans, PEPs and moves to expand access to SIMPLE plans are making a difference, experts say.
iJoin, PenChecks Automate Force-Out IRA Processing
The firms say it can replace what has traditionally been a tedious, manual process.
Oklahoma Introduces Bills to Create State-Run Retirement Program
The legislation would require most employers that currently do not offer a retirement plan to offer one.
DOL Publishes Final Fiduciary Prohibited Transaction Exemption
The final rule confirms the reinstatement of the traditional five-part test for determining fiduciary status, though it does not definitively state that advice regarding IRA rollovers necessarily triggers...
Exploring the Lost Opportunities of Small IRA Rollovers
Retirement industry experts say automatic portability could be the solution to a pervasive problem.
ERISA vista
A Return to Rollover Advice
The DOL revisits the potential for adviser/client ongoing relationships.
Servicing Strategies
Never Too Late
Strategies to help clients who are behind on saving ‘retrieve’ lost time.