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It’s so interesting to me that almost every year there are changes to the laws and rules that affect our profession. And it’s a relief to me that NTSA is always there as a resource, allowing my company (and yours) to grow and get better at what we do, regardless of those changes. I still remember... READ MORE
The Department of Labor intends to finalize its re-proposed rule defining a fiduciary in May of next year, Groom Law Group Chairman Steve Saxon said on June 8. Saxon made his remarks at the SPARK Institute’s annual conference in Washington, D.C.That timing is fueled by political considerations.... READ MORE
The Internal Revenue Service has provided a new, permanent program for late filing Form 5500-EZ.The program, outlined in Revenue Procedure 2015-32, replaces last year’s one-year pilot program – which ended Tuesday, June 2, 2015.The permanent program generally follows the requirements of the pilot... READ MORE
Plans with calendar year plan years — and that’s most of them — must file their 2014 Forms 5500 by this July 31. So the reminder the IRS included in its latest issue of Employee Plans News concerning the changes to the Form 5500 and its schedules for 2014 reporting is particularly timely.The... READ MORE
Summer has begun, and for many parts of the United States, so has hurricane season. Residents and proprietors in areas at risk of a landfall — as well as inland areas that also can be affected — often hear exhortations to be prepared, just in case. The IRS has issued a reminder about the importance... READ MORE
Bipartisan legislation introduced in the U.S. House of Representatives June 4 would allow pension plan participants to be automatically opted in to electronic delivery of documents. And a recent study suggests that the sponsors of the bill have good timing.  Rep. Jared Polis (D-Colo.) introduced... READ MORE
Ministers are subject to certain exclusions from federal taxation and an “in-kind” housing allowance under the federal tax Code, and regulations that implement that rule provides a broad definition of the term. In MarketBeat, Kimberly Flett discusses how the allowance works. READ MORE
A school district elects to change from a multi-vendor 403(b) platform to a single vendor. It allows transfers between vendors, but only if going to the single-provider solution. In Tech Talk, Ellie Lowder tells us if this kind of restriction is allowed. READ MORE
A majority of households age 55 and older do not have retirement savings. That sobering news comes from a recently released study by the Government Accountability Office (GAO). “Retirement Security: Most Households Approaching Retirement Have Low Savings” says that 52% of such households are in... READ MORE

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