Service Providers
In MarketBeat, Ted Godbout discusses a new report that says that market volatility, increasing compliance pressures and a competitive landscape for wealth management professionals continue to challenge independent broker-dealers (IBDs) and registered investment advisors (RIAs), requiring them to...
READ MORE
It is a growing club that no one wants to join: the club of companies that became victims of cyberterrorism. In MarketBeat, Alison J. Cohen writes that it is often not a question of “if” a company will be attacked, but “when,” and that her firm is being asked what one should do about that.
READ MORE
Why not start the New Year off with a client appreciation event?
You have probably already guessed that this client event idea is a cooking class. With money being tight for so many people, why not help encourage your clients to do some cooking at home and save a little money. There are many...
READ MORE
Once an employer has established a 457(b) plan, that plan still requires ongoing maintenance to comply with plan design modifications and federal legislative and regulatory changes. The following overview is intended to help governmental employers understand the IRS due dates — both past and...
READ MORE
The IRS has updated the procedures for letter rulings and information letters. The update is contained in Revenue Procedure (Rev. Proc.) 2023-1.
More specifically, the IRS has updated the procedures for letter rulings and information letters issued by the Associate Chief Counsel (Corporate),...
READ MORE
Tech Talk discusses the various types of fees plan service providers charge for different services.
READ MORE
The IRS has updated the procedures for determination letter requests. The new procedures are outlined in Revenue Procedure (Rev. Proc.) 2023-04.
Rev. Proc. 2023-04 is a general update of Rev. Proc. 2022-4, published in Internal Revenue Bulletin 2022-01, which sets forth:
general information...
READ MORE
This is the time of year when resolutions for the cessation of bad behaviors and the beginning of better ones are in vogue. Here are five for plan fiduciaries for 2023.
Develop a plan budget.
Most financially-focused New Year’s Resolutions focus on spending (less) or saving (more)—and the really...
READ MORE
For many years now, Congress has tried to make it easier for small businesses to offer a retirement plan, but there still has been little movement in closing the coverage gap.
With enactment of the SECURE 2.0 Act and one of its main goals to help make it easier for small businesses to offer a...
READ MORE
Tech Talk discusses service providers that sponsors of 403(b) plans may hire to handle one or more aspects of managing the plan.
READ MORE
The outlook for RIA M&A activity apparently has shifted dramatically from a year ago, according to a new report.
DeVoe & Company’s fifth annual M&A Outlook Report finds that expectations for M&A activity and valuations are the lowest in the survey’s history, as economic and...
READ MORE
While Americans worried most about the impact of the COVID-19 pandemic earlier this year, they now see rising inflation as the biggest risk to their retirement plans.
According to Allianz Life’s annual New Year’s Resolutions Study, nearly half (48%) of respondents identified the pandemic as the...
READ MORE
There was plenty of activity in 2022 affecting plans, participants, employers, and service providers, and NTSA Net was there. But the year that was also provided copious reminders that content that provides nuts-and-bolts information is critically important.
The top 10 posts on NTSA Net in 2022...
READ MORE
There are 92 provisions in the new SECURE 2.0 Act — and by at least one assessment, they are “almost universally good, with ‘good’ being defined as ‘helpful to the cause of promoting retirement security.’” Group Plan Systems’ Pete Swisher and Cherisha Chapman rank the Top 10 Impact Provisions — and...
READ MORE
Fast away the old year passes! There are plenty of things to occupy an employer, a plan administrator, and a service provider’s time as the year comes to a close — and the IRS offers suggestions regarding year-end considerations concerning a retirement plan.
Such a resource is especially helpful...
READ MORE
The New Mexico State Treasurer’s Office for the New Mexico Work and Save Board on Dec. 19 issued a request for proposals (RFP) for program administrator services for the New Mexico Work and $ave Voluntary Payroll-Deduction IRA Program.
The RFP solicits sealed proposals to establish a contract...
READ MORE
Since the Pension Protection Act (PPA) was passed in 2006, automatic enrollment in plans including 403(b) and governmental 457(b) has been an issue of consideration for plan sponsors. A number of states have also passed legislation permitting automatic enrollment and automatic escalation, some in...
READ MORE
Why might a small employer not have a retirement plan in place? In MarketBeat, John Iekel writes about the insights a retirement services professional offers regarding what obstacles give small employers pause and how they may address those concerns.
READ MORE
A participant suit targeting TIAA for its loan practices in retirement plans has come up short in identifying a potential class on whose behalf to bring suit.
The suit—filed back in early 2017 (Haley v. Teachers Inv. & Annuity Assoc., S.D.N.Y., No. 1:17-cv-00855, complaint filed 2/3/17)—was...
READ MORE
People can understand simple things with ease, so “simple” is a great place to start when explaining new concepts to others. Focusing on simple concepts gives people a foundation where they can make connections and later build on those new ideas. But even seemingly simple ideas, like so many things...
READ MORE
Pages
Most Popular
