Americans to Congress: Hands Off Our Retirement Accounts
A survey released by the Coalition to Protect Retirement found 87% of Americans think retirement accounts should be “off limits” to Congress.
Treasury Offers Plug for Rollover ‘Leakage’ of Plans
Treasury is gearing up to release guidance that would make it easier for plan sponsors to conduct rollovers to mitigate “leakage.”
Senate Banking Aide: Committee Has ‘No Interest’ in Bill to Block Fiduciary Rules
Wagner bill passes House, but Senate Banking's Johnson says he won't focus on any bill "the president clearly has no interest in signing."
DOL’s Borzi: Fiduciary Redraft Could Advance by Year End
“We are coming very close to finishing our work” on the reproposed rule, said DOL's Borzi.
DOL Focusing on ‘Major Cases,’ Particularly Fee Disclosure
What triggers a DOL investigation? What will DOL ask for during one? And how should retirement planning officials handle such inquiries?
Safe Harbor 401(k) Deadline Fast Approaching
The Safe Harbor enables small-business owners and any highly compensated employees to make the maximum contributions either tax-deferred or after tax regardless of income.
Retirement Pros Weigh In on DOL’s Lifetime Income Plan
DOL’s plan would require that lifetime income illustrations be given to participants in defined contribution plans, such as 401(k)s and 403(b)s.
Senators Take ‘Blank Slate’ Approach to Tax Reform
Max Baucus and Orrin Hatch sent a letter on Thursday asking for lawmakers' input. Meanwhile, ASPPA CEO Brian Graff warns of possible peril for retirement savers.
Online Sales Tax Bill Seen as Rife With Unintended Consequences
Lawmakers and officials from the retirement planning and securities industries are coming out against an online financial transaction tax bill that they say would hurt retirement savers, small businesses and investors.
Critics Slam Obama Budget Over Entitlement Cuts, Retirement Savings Cap
President Obama called his just-released budget a “fiscally responsible blueprint for middle-class jobs and growth,” but critics derided it for cutting Social Security and Medicare and capping retirement savings.