News Archive

The Department of Labor will not extend the 75-day comment period for its conflict-of-interest rule, Labor Secretary Thomas Perez said April 23.Asked about his response to requests by industry groups to extend the comment period, ThinkAdvisor reports that Perez said: “The comment period is 75 days... READ MORE

As the Illinois Supreme Court considers the constitutionality of the state’s pension plan reform law and Gov. Bruce Rauner (R) considers proposing a 401(k)-style pension plan for many government employees, local cities must address immediate challenges posed by their pension plans. Rauner’s... READ MORE

Available through May 12, 2016 Speaker: Ellie Lowder, TGPC, Consultant and John Clouden, Sgroi Financial LLC NOTE: WEBCAST IS COMPLIMENTARY FOR NTSA MEMBERS Check back soon for the webcast outline! It is vital that providers... READ MORE

The Department of Labor’s long-awaited fiduciary reproposal claims to protect consumers from “conflicts of interest” in retirement advice — but at what cost?While initial concerns about preserving the ability for 401(k) participants to work with the advisor of their choice on rollovers appear to be... READ MORE

It’s been a long time coming, but after a nearly five-year odyssey the Department of Labor on April 14 unveiled a proposed regulation that redefines who a plan fiduciary is — and makes it clear that the Obama administration intends the rule to be a way to increase consumer protections for plan... READ MORE

Legislators in the Bay State have been busy developing legislation that could affect the private employer sponsored retirement system should the bills become state law.In the current legislative session, two bills have been offered that attempt to regulate 401(k) plans — apparently overlooking the... READ MORE

The Treasury Inspector General for Tax Administration (TIGTA) recently issued a report on the results of its audit of how well the IRS identifies and addresses excess contributions to IRAs. It also made recommendations regarding how the IRS can do a better job.IRA holders can only make... READ MORE

Can an employer transfer 403(b) transfer assets (including active loans) for active and terminated participants to a 401(k) without terminating the 403(b)? In this week’s Tech Talk, Ellie Lowder tells us. READ MORE

Total U.S. retirement plan assets were $24.7 trillion as of Dec. 31, 2014, with defined contribution assets registering the strongest percentage growth, according to a new report.While total retirement plan assets were up 1.7% from the $24.2 trillion mark at Sept. 30, 2014, according to the... READ MORE