The Enhanced Loan Provision for Qualified Participants -
With the spread of the coronavirus and the resulting closures and cutbacks, many 401(k) participants are working reduced hours, but are not considered to be...more
The Coronavirus pandemic is disrupting everyone’s personal and financial lives. While our health, and that of our families and friends, is paramount, we realize that the sudden and large investment losses in the 401(k) plans...more
The introduction to my last two posts, SECURE Act Part 1 and SECURE Act Part 2, explained:
There are two parts of the SECURE Act that I believe will have the greatest impact on my clients: plan sponsors and plan service...more
1/24/2020
/ 401k ,
Financial Guarantee Requirements ,
Financial Services Industry ,
Insurance Industry ,
Investment Funds ,
Investment Products ,
Plan Administrators ,
Recordkeeping Requirements ,
Retirement Plan ,
Safe Harbors ,
SECURE Act
The introduction to my last post, SECURE Act Part 1, explained:
There are two parts of the SECURE Act that I believe will have the greatest impact on my clients: plan sponsors and plan service providers. The first includes...more
1/15/2020
/ 401k ,
Annuities ,
Guaranteed Payments ,
Individual Retirement Account (IRA) ,
Investment Management ,
Investors ,
Retirement ,
Retirement Plan ,
Retirement Plan Providers ,
Safe Harbors ,
SECURE Act
There are two parts of the SECURE Act that I believe will have the greatest impact on plan sponsors and service providers.
• The first part includes the provisions on retirement income, including the safe harbor for...more
1/8/2020
/ 401k ,
Benefit Plan Sponsors ,
Employee Benefits ,
Multiple Employer Plan (MEP) ,
New Legislation ,
Pooled Registration Pension Plans ,
Required Minimum Distributions ,
Retirement Plan ,
Retirement Plan Providers ,
Safe Harbors ,
SECURE Act
The SEC has issued its final Regulation Best Interest (Reg BI), Form CRS Rule, RIA Interpretation and Solely Incidental Interpretation. I am discussing the SEC’s guidance in a series of articles entitled “Best Interest...more
10/30/2019
/ 401k ,
Broker-Dealer ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Financial Services Industry ,
Investment Adviser ,
IRA Rollovers ,
Regulation Best Interest ,
Retirement Plan ,
Securities and Exchange Commission (SEC) ,
Standard of Care
Lessons Learned from Litigation (#4)—The Johns Hopkins Case -
This is the twelfth in a series of articles about Best Practices for Plan Sponsors. To be clear, “best practices” are not the same as legal requirements....more
This is the tenth in a series of articles about Best Practices for Plan Sponsors.
To be clear, “best practices” are not the same as legal requirements. Instead, they are about better ways to manage retirement plans. In...more
By now you have probably seen a number of articles about the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019) and its safe harbor for guaranteed retirement income in 401(k) plans. Some have...more
The DOL’s newly released final regulation on “Association Retirement Plans” (ARPs) will make it easier for groups and associations of employers to jointly sponsor a combined 401(k) or other defined contribution plan. (These...more
The recent settlement of the Anthem class action lawsuit (Bell v. ATH Holding Company, LLC) reflects some trends in 401(k) litigation: the focus on share classes, arguments to support inclusion of non-mutual fund investments...more