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Regulation and Compliance > Federal Regulation

Principal Prepares Employers For PPA

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A retirement services vendor has published an employer guide for the new federal Pension Protection Act.

Principal Financial Group Inc., Des Moines, Iowa, has posted the guide and a compliance timeline at Document Link

Some of the many provisions of the PPA will change defined benefit plan funding rules, encourage automatic 401(k) plan enrollment programs, and create the DB(k), a plan that will let employers combine 401(k) plans with defined benefit plans.

The compliance timeline shows when the many PPA provisions, such as new defined benefit plan funding rules, take effect.