Plan Amendment Deadlines Extended for 2 Provisions
The IRS is extending deadlines for amending plans for certain provisions of the CARES Act and the Taxpayer Certainty and...
Tag: retirement plan legislation
ERISA’s 48th Anniversary Passes Without a Senate Vote on EBSA Head
Despite push from HELP Committee Chairwoman Patty Murray, Lisa Gomez’s nomination as assistant secretary of labor remains in limbo.
Retirement Reform Moves Forward in the Senate
The Senate now has two bills out of committee that will have to be reconciled with a companion House bill...
Evaluating ARPA’s Impact, 1 Year Later
The law made it easier for some plans to continue operating by adding flexibility.
Plan Sponsors Have More Time for Certain Plan Amendments
The IRS is extending deadlines for amending plans for certain provisions of the SECURE Act and other legislation.
State Bill Would Require Multiple 403(b) Providers
For certain 403(b) plan participants at New Jersey school districts, more choices could facilitate additional retirement strategy personalization, one bill...
Senate Legislation Calls for Automatic 401(k) Transfers
The bill would allow workers’ 401(k) accounts to be automatically rolled over from a previous employer to a new employer.
Retirement-Focused RISE & SHINE Act Clears Senate HELP Committee
Backers of the bill say it will improve retirement security by creating additional protections for workers and retirement savers at...
PSNC 2022: Washington Update
From shifting compliance deadlines to growing debate on ambitious retirement reform legislation, there is a lot happening in the nation’s...
Markup Scheduled for RISE & SHINE Act
Retirement security organizations, a nonprofit and the U.S. Chamber of Commerce have submitted comment letters on the discussion draft, which...
IRS Issues ‘Helpful’ Bulletin for Preapproved Plans
An IRS bulletin for preapproved plan sponsors warns of consequences for missing the restated adoption agreement deadline.
Senators to Propose Retirement Bill Tackling Emergency Savings
Murray and Barr bill would address retirement and emergency savings.
Retirement Bill Eyeing ERISA Arbitration Ban Stirs Strong Reaction
The largest U.S. business lobbyist opposes bill banning discretionary clauses.
New Retirement Bill Amending ERISA Introduced in Congress
Fiduciary breach claims are likely to spike—and win—if the two-pronged legislation is passed.
Securing a Strong Retirement Act Easily Passes House Vote
Supporters say the ambitious legislation package would expand retirement plan coverage and deliver benefits to relieve anxiety about having secure...
Capitol Hill Puts Focus on Retirement Security Legislation
The house will hold a committee hearing focused on improving Americans’ retirement savings and investing opportunities and vote on the...
Bill Would Bar U.S. Institutional Investors From Russia
The bill cites vulnerable pension and participant retirement fund exposure to Russia assets.
Lawmakers Unveil Multiemployer Pension Rescue Tracker
The website keeps tabs of multiemployer plans that have received the Pension Benefit Guaranty Corporation’s special financial assistance.
Auto Re-enroll Bill Seeks to Improve Workers’ Long-Term Financial Stability
The bill would encourage plan sponsors to re-enroll nonparticipants at least once every three years.
Reasons Not to Use Pension Funding Relief
Using funding relief to lower contributions to DB plans can increase PBGC premiums and get those plan sponsors that are...