Current Events

Candidates tax proposals and 401(k) “tax appeal” Part 1

February 01, 2016

In the primary campaign, on both the Republican and Democratic side, there has been a lot of talk about changing our current income tax system – everything from “closing loopholes” to abolishing the IRS and switching to a “business flat tax” that some have compared to a value added tax. In this article we review the tax benefits provided by the current system. Read More

Factors affecting DC returns

January 27, 2016

We recently discussed the Boston College Center for Retirement Research Brief, Investment Returns: Defined Benefit vs. Defined Contribution Plans. The Brief reviewed over 20 years of Form 5500 data and determined that (after accounting for asset allocation and plan size) DB plans outperform DC plans by 0.7 percent. While BC’s comparison of DB and DC investment returns is provocative and raises some interesting issues, DB plans and DC plans are apples and oranges. Read More

2015 retirement policy in review

January 20, 2016

In this article we review significant 2015 retirement policy developments. We begin with defined contribution plan initiatives and DOL’s re-proposal of its re-definition of an ERISA ‘fiduciary.’ After discussing other DC developments, we then discuss defined benefit plan initiatives, where issues related to risk transfer and de-risking, Pension Benefit Guaranty Corporation premiums and valuation assumptions – changes in interest rate and mortality assumptions – dominated policymaker and sponsor attention. We finish with a discussion of some broader retirement policy initiatives, including the emergence of state Auto-IRA programs. Read More

ERISA Advisory Council recommendations on lifetime participation

January 11, 2016

Last December, the ERISA Advisory Council has released a summary of its 2015 recommendations. One of the (two) issues the Department of Labor had asked the EAC to consider for 2015 was “lifetime plan participation.” In this article we discuss EAC’s lifetime plan participation recommendations and conclude with some remarks about their significance for plan sponsors. We begin with some background on the EAC. Read More

DOL regulation & releases Interpretive Bulletin authorizing state plans proposed

January 06, 2016

At the July 2015 White House Conference on Aging, President Obama instructed the Department of Labor to propose guidance “clarifying how states can move forward” with state retirement plan initiatives. On November 16, 2015, DOL released (1) a proposed regulation addressing issues raised by state auto-IRA initiatives and (2) an Interpretive Bulletin (IB) setting forth its view that “certain state laws designed to expand the retirement savings options available to private sector workers through ERISA-covered retirement plans” are not preempted by ERISA. In this article we review DOL’s guidance. Read More

96-100 of 278<  ...  15  16  17  18  19  20  21  22  23  24  ...  >
Share this with your Colleagues:

Latest News:

  • November 2017 Pension Finance Update - Read More
  • Current outlook – November 2017 - Read More
  • Latest SOA analysis shows year-over-year increase in mortality - Read More
  • October 2017 Pension Finance Update - Read More
  • Current pension outlook – October 2017 - Read More
  • Cash Balance Plan Design - Read More
  • ReDefined Benefit Plan™ - Read More