The IRS on Jan. 15 issued updated two safe harbor explanations plan administrators may use when they provide written explanations to retirement plan participants about eligible rollover distributions.
The House of Representatives on Jan. 15 approved an amended version of the Protecting Prudent Investment of Retirement Savings Act, taking aim at plan fiduciaries’ use of environmental, social and ...
A recent report calls managed accounts one of the most common forms of personalization providing professionally managed, individualized investment and savings-rate guidance.
In his travels last month to the Land of Lincoln and the Golden State, Santa left stockings full of cash and new registrants for their state-run auto-IRAs.
A new year, a new start, and a new accolade! The American Society of Pension Professionals and Actuaries (ASPPA) is pleased to announce the recipients of a new industry accolade — “TPA Teammates!” ...
Empower on Jan. 14 announced that it is partnering with Blackstone on private market strategies. This comes one day after the Department of Labor submitted a proposal to the White House Office of ...
The Department of Labor on Jan. 13 submitted to the White House Office of Information and Regulatory Affairs a proposed rule that would clarify its position on alternative assets and the appropriate ...
The Labor Department, asserting “profound interest,” has provided a federal court with its insights on a case involving pension risk transfers — as well as a roadmap for fiduciaries to apply in the ...
Security can come at a cost, and in the case of that which the Pension Benefit Guaranty Corporation offers, that means ...
Defined benefit plans had a good year in 2025, at least as far as funding levels are concerned. If they were issued a report card, they’d get an A+ for their funding ratios.
Many retirement plan fiduciaries have been sued for fiduciary breaches due to their handling of forfeited employer contributions in recent years. An industry expert discusses relevant legal theory and ...
As 2026 is under way, I wanted to take a moment to reflect on the past year from the perspective of the ARA Government Affairs Team, and, more importantly, what that work meant for you and the clients ...