To give you the best possible experience, this site uses cookies. If you continue browsing, you accept our use of cookies. You can view our privacy policy to find out more about the cookies we use.

Accept
X

Retirement Policy Update – November 2021

President Biden signed into law the Infrastructure Investment and Jobs Act (IIJA). The new legislation (among many other things) extends 25-year average interest rate stabilization relief under ERISA’s DB plan minimum funding rules another five years.

Retirement policy provisions of the Build Back Better Act – Update

November 18, 2021 The House of Representatives has delayed a vote on a slimmed down Build Back Better Act (BBBA), sending it to the Congressional Budget Office for a spending “score.” Reports are that, provided the CBO score is within White House estimates, moderate Democrats have agreed to vote for the bill. The BBBA includes…Read More

Retirement income, inflation, and retirement finance

The Consumer Price Index (CPI) has steadily risen throughout the year, with prices in September 2021 5.4% higher than the beginning of the year. This represents, fundamentally, a reduction in the buying power of a (nominal) dollar since the beginning of the year. How does this affect retirees and those saving for retirement? The effect…Read More