As I conclude my term as ASEA President, I want to express my gratitude for the opportunity to serve in this capacity. And to provide insight into the future direction of ASEA, I sat down with ...
In 2023, for the years ending Dec. 31, 2023 and 2022, $14,976,321 and $12,952,282, respectively, of the forfeited amounts were used to reduce the Contributing Employer's Matching Contributions and/or ...
Could plan fiduciaries violate their duty of loyalty to plan participants despite a prudent process? A recent federal judge says yes — Nevin (Adams) & Fred (Reish) discuss.
Information about retirement benefits would be greatly expanded for certain employees in the Volunteer State if a bill before the state Senate is enacted.
Pension obligations fell by more than $100 billion — that’s billion with a “b” — in 2024, says WTW. More specifically, they ...
The Plan Sponsor Council of America (PSCA) has been tracking interest in the optional SECURE 2.0 Act provisions since it was enacted to be able to report on what plan sponsors are enacting, and what ...
Gen X is all too frequently overlooked in surveys — but in (too) many ways, it appears they’re not all that unique, and have interesting perspectives on retirement readiness and saving. Gen X is all ...
The new chairman of the House Education and Workforce Committee has renewed the committee’s call for the Department of Labor’s Inspector General (IG) to investigate claims the DOL improperly shared ...
Josh Oppenheimer, the new senior director of federal legislative affairs at the American Retirement Association, confirms that PBM reform had been a key priority for Senate HELP last year.
Treasury Secretary nominee Scott Bessent, in his confirmation hearing before the Senate Finance Committee, warned that the nation could face an economic crisis if Congress fails to extend the Tax Cuts ...
The IRS and the Pension Benefit Guaranty Corporation (PBGC) have updated the membership of advisory bodies that provide them with recommendations and feedback.
The ESOP proposal was, in any case, poorly received by the ESOP industry. The ESOP Association said the main proposal as well as an accompanying safe harbor proposal “will require substantial ...