Treasury Clears Way for Longevity Annuities in 401(k)s, IRAs
The Treasury Department and the Internal Revenue Service issued final rules on July 1 to make longevity annuities—which provide regular payments that begin at an advanced age and continue throughout the individual's life—accessible to the 401(k) and IRA markets.
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.”
Small Business Bill, DOL Fee Rule, Roth IRAs Are Top Issues at ASPPA Annual
The small business bill, DOL's final 401(k) fee disclosure rules and Roth IRA conversions were issues on the minds of retirement and pension professionals during the ASPPA annual conference in National Harbor, Md.
Retirement Security for All
The Retirement Security Project, a joint undertaking of Georgetown University and the Brookings Institution, has set itself the goal of taking retirement savings in America...
Automatic Retirement Savings?
How can the nation attempt to increase pension savings to fund a record number of baby boomers that are expected to retire? One new tool may be the ability of employers and plan sponsors to automatically increase annual tax-deferred contributions to 401(k) plans, a practice recently blessed by the Internal...