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.
Senators’ SEAL Act Would Ease 401(k) Loan Paybacks
The bipartisan Shrinking Emergency Account Losses (SEAL) Act would give workers who leave their jobs until they file their federal taxes to repay 401(k) loans.
Have 401(k)s Failed Investors?
A panel of experts asked whether 401(k)s were a “failed experiment” at the 2013 NAPA/ASPPA 401(k) Summit in Las Vegas on Sunday.
Tax Reform ‘Threat’ Will Hurt 401(k)s, ASPPA Warns
It doesn’t have quite the emotional resonance of “Save the Whales,” but it’s endangered nonetheless.
Obama vs. Romney on Regulation: DOL Fiduciary DOA? Yes or No to SRO? Borzi Gets Boot?
While the regulatory and legislative landscapes remain sketchy until after the election, industry officials say there are some sure bets advisors can count on.
Retirement Planning Groups to SEC: Stop Messing With Money-Market Funds
In a joint letter to the SEC Tuesday, the ICI, FSI and others said the proposed changes would render the funds "far less desirable—if not unusable—for retirement savers."