Current Events

Brexit and U.S. DB plans

June 30, 2016

The vote by the United Kingdom to exit the European Union (Brexit) on June 24th has created a lot of turmoil in financial markets. In this article we briefly discuss its possible effect on United States defined benefit plans. Read More

Corporate tax reform and retirement savings tax policy

June 22, 2016

One element of tax reform for which there seems to be some bipartisan support is “doing something about the corporate tax.” Thus, even if after the November election we continue with a divided government, action on corporate tax reform is possible. For many corporate retirement plan sponsors, interest in reforming the current system of corporate taxation vastly outweighs interest in changes to retirement savings tax policy. Changes in corporate tax policy are, however, likely to secondarily affect the retirement savings “tax deal” – the attractiveness of saving in a tax qualified retirement plan – and we discuss those secondary effects in this article. While not all businesses are incorporated and taxed as a corporation, the general policy discussion might inform us of changes to the taxation of other forms of a business, like a partnership. Read More

Candidates’ tax proposals and retirement savings tax benefits

June 14, 2016

We are now (more or less) down to two main Presidential candidates: former Secretary of State Hillary Clinton and Mr. Donald Trump (hereafter, “Clinton” and “Trump”). In this article we discuss the tax proposals of each candidate and how they would affect retirement savings policy. Read More

Verizon-CWA Pact Freezes Mortality Tables To Preserve Participants' Lump Sum

June 09, 2016

(Reprinted From Bloomberg BNA) Verizon Communications Inc. employees returning to work under a tentative contract can take comfort that innovative bargaining has likely preserved their right to generous pension lump-sum payouts. Overall, the lump-sum payouts that Verizon will offer plan participants under the new contract represent a "small windfall" for retirees, John Lowell, pension consultant for October Three in Atlanta, told Bloomberg BNA June 1. Download

Current retirement savings policy outlook – June 2016

June 05, 2016

In this retirement savings outlook we review challenges to the Department of Labor’s Conflict of Interest rule, the status of IRS’s review and adoption of new mortality tables, bipartisan legislation recently introduced to remove PBGC premiums from the Congressional budget, and recent plan reformation litigation. Read More

81-85 of 285<  ...  12  13  14  15  16  17  18  19  20  21  ...  >
Share this with your Colleagues:

Latest News:

  • Budget deal retirement savings provisions - Read More
  • January 2018 Pension Finance Update - Read More
  • DB funding and 2017 tax planning - Read More
  • PBGC finalizes regulation revising missing participant program - Read More
  • Current outlook – 2017 year in review - Read More
  • Cash Balance Plan Design - Read More
  • ReDefined Benefit Plan™ - Read More