Sen. Wyden Proposes Capping Contributions to ‘Mega’ IRAs
Proposed legislation would limit contributions to “mega” IRAs and help employers contribute to younger workers’ 401(k)s while they pay off student debt.
Compliance Support for DOL Fiduciary Rule Next Big Advisor Need: Cogent
Advisor education may be important for firms as much for assuaging fears and easing confusion as for compliance, new research from Cogent says.
Half of IRA Rollovers to Stay in Plan After DOL Fiduciary Rule: Cerulli
Advisors will have to offer more services to clients to support a rollover recommendation to an IRA, suggests new research from Cerulli.
Chevron 401(k) Case Dismissed
A case against the fiduciaries of Chevron's 401(k) plan was dismissed. Is this a harbinger for other pending 401(k) lawsuits?
Hundreds of Thousands of 401(k)s Up for Grabs After DOL Fiduciary Rule
Broker-dealers are wondering what to do with small plan sponsor clients serviced by generalist wealth managers.
Republican-Led Social Security Bill Would Raise Taxes. Yes, You Read That Right.
The S.O.S. Act contains provisions disliked by Democrats and Republicans. Policy experts have received it warmly
Does DOL Fiduciary Rule Create a New Right to Sue?
The lawsuit by NAFA challenges the rule on six counts, but the key question is whether the rule creates a new private right of action.
DOL Wants 401(k)s, Benefit Plans to Report More Data
The DOL, IRS and PBGC want to update fee disclosures and require all group health plans to file Form 5500.
Congress Moves Closer to Expanding MEP Access
The private sector is showing an uptick in interest in multiple employer retirement plans, according to testimony at a bipartisan roundtable.
CBO Issues Dramatic Corrections to Social Security Replacement Rates
The average income replacement rate for retirees born in the 1940s is 43%, not 60% as the CBO reported in December, according to revised data.