Industry & Regulatory News
Legislation Introduced to Aid Struggling Defined Benefit Plans
House Ways and Means Committee Chairman Richard Neal (D-MA) has introduced in the initial days of the 117th Congress the Emergency Pension Plan Relief Act…
Industry & Regulatory News
IRS Signals Compatibility of Pre-Approved Plan Documents and PEPs
The IRS in its January 20, 2021 edition of Employee Plans News has revealed that pre-approved qualified retirement plan documents may be used to establish…
Industry & Regulatory News
New Administration to Review Retirement Plan ESG Investments Guidance
On his first day in office President Biden issued an Executive Order entitled Protecting Public Health and the Environment and Restoring Science to Tackle the…
Industry & Regulatory News
Retirement Spotlight: IRS Gives SECURE Act Guidance on Traditional and QACA Safe Harbor Plans
The SECURE Act makes it easier for employers to adopt ADP/ACP safe harbor plan provisions. These plans, which include both “traditional” safe harbor plans and…
Industry & Regulatory News
DOL Guidance to Aid Retirement Plans Facing Missing Participant Issues
The Department of Labor’s (DOL’s) Employee Benefits Security Administration (EBSA) has released a three-part guidance package to assist retirement plan fiduciaries in dealing with issues…
Industry & Regulatory News
Opinion Letter Addresses Interaction Between ADEA and Individual Coverage HRAs
The Equal Employment Opportunity Commission (EEOC) has issued an Opinion Letter dated January 7, 2021, to clarify whether the Age Discrimination in Employment Act (ADEA) prohibition…
Industry & Regulatory News
IRS Proposes Regulations for Automatic Deadline Postponements for Federally Declared Disasters
The IRS has released a pre-publication version of proposed regulations that would create an automatic 60-day postponement of deadlines for certain time-sensitive, tax-related acts in…
Industry & Regulatory News
CAA Requires Disclosure of Compensation Paid by Employer-Sponsored Health Plans
The Consolidated Appropriations Act, 2021 (CAA), signed into law on December 27, 2020, contained many provisions, including a transparency provision that requires the disclosure of…
News Releases
FuturePlan by Ascensus Appoints Kasey Price as Head of Sales
Highly Respected Retirement Industry and FuturePlan Leader Will Oversee Organization’s Sales Strategy and Distribution Efforts to Provide Partner and Client Value Dresher, PA—FuturePlan by Ascensus—the…
Industry & Regulatory News
Paycheck Protection Program to Re-Open Next Week
The Department of Treasury and Small Business Administration have jointly announced the reopening of the Paycheck Protection Program the week of January 11. Community financial…