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.
Altering of 401(k) Tax Incentives Alarms Retirement Industry
With so many people covered by 401(k)s, it’s clear that the impact of changes to their tax treatment could be substantial.
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.
Americans Want Retirement Plan Disclosures on Paper
Believe it or not, a survey released Thursday by AARP found that the majority of respondents prefer to read retirement plan information on paper rather than with electronic media.
In Election’s Wake: What Now for Advisors?
TDAI offers some insight to changes at SEC, key congressional committees and 401(k)s.
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.
The Fight Over 401(k) Fees
Retirement plan fees can cost participants nearly $155,000 over the life of the plan, said a recent white paper by Demos, a liberal think tank. ASPPA says the paper is wrong.
Allow E-Disclosures, Retirement Plan Coalition Urges DOL
On Tuesday, a coalition of interested parties took to their pens to urge the Department of Labor to allow plan sponsors to make required disclosures electronically.