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By all accounts last week was pretty bad for the market. All of the major indices fell by more than 10%, and the business news outlets all highlighted that it was the markets’ worst weekly decline since October 2008.
Comparisons to the financial crisis that began in October 2007 are as...
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The details of a shift in process review by the IRS first reported by the American Retirement Association were “the elephant in the room” at a Joint TE/GE Council Employee Plans & Exempt Organizations meeting on Feb. 28.
Following the usual outline of accomplishments for the past year, Tammy...
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How often do you find a person who is deeply rooted in “old world” character traits (such as kindness, patience, integrity, contribution, fully capable but soft-spoken) and yet is eminently geared to succeed in today’s fast-paced financial world??
If you know David Blask, who was a recipient of...
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Even though an employer is permitted to delay contributions to a 403(b) account until the following year, there are several reasons why it may not be in the best interest of the employer to do so.
For example, matching contributions are usually made to entice employees to participate in the plan...
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In Part III of the 10th Series of the NTSA WOWcasts, NTSA Past President Randy Aranowitz and Bruce Allen, CFP, president of Old Dominion Insurance and Investments, discuss what the NTSA means to Allen.
In Part I, Randy Aranowitz and Bruce Allen discuss Allen’s background and Allen provides an...
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The plan sponsor is responsible for distributing fee disclosures to participants, as well as to other account holders who may exercise control of participants’ accounts, such as beneficiaries. It is necessary to make sure that participants have the easiest access possible to information about fees...
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Two laws enacted in December—the Miners Act and the SECURE Act—will have wide-ranging effects on retirement plans. A recent American Society of Enrolled Actuaries (ASEA) webcast provided a closer look.
Both measures really are part of the Further Consolidated Appropriations Act, 2020. In “DB...
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In January, NTSA surveyed its members on their community service, and there’s great news about NTSA member’s involvement with their communities.
More than three-quarters—77%—volunteer their services in their communities. They demonstrate not only to their colleagues, but also to the world...
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Driven by an apparent desire to clean up its case backlog, the IRS is planning a shift in procedure that might mean the end of the VCP program and subject a massive number of plans to audit.
Word of the dramatic shift in focus was brought to the attention of the American Retirement Association...
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Voluntary enrollment in defined contribution plans offered by state and local governments is only part of the equation in boosting retirement readiness, and more steps to boost participation are needed, says a recent analysis.
In a recent blog post, “Driving Plan Participation and Engagement in...
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Recent Comments
Does the roth requirement for catch-up contributions for people who earned $145,000 apply to 457...
Hi Ed,
I really liked this article and I think you make a lot of sense. And I had no...
I believe there's a misstatement in that last quote - it should refer to governmental and...
Working with several medical providers as clients, I note that the high-end earners tend to push...
Congratulations to NTSAA for landing a good one. Nathan's breadth of experience and...