Featured Jobs
|
Retirement Plan Administration Consultant Blue Ridge Associates
|
|
ESOP Administration Consultant Blue Ridge Associates
|
|
Regional Vice President, Sales MAP Retirement USA LLC
|
|
July Business Services
|
|
BPAS
|
|
Anchor 3(16) Fiduciary Solutions
|
|
Relationship Manager for Defined Benefit/Cash Balance Plans Daybright Financial
|
|
BPAS
|
|
Mergers & Acquisition Specialist Compass
|
|
Compass
|
|
Managing Director - Operations, Benefits Daybright Financial
|
|
Cash Balance/ Defined Benefit Plan Administrator Steidle Pension Solutions, LLC
|
|
Pentegra
|
|
Retirement Plan Consultants
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Text of American Bankers Association Comments on Proposed DOL Regs on Automatic Rollovers (PDF)
American Bankers Association 
Apr. 2, 2004
3 pages. Excerpt: The proposed regulation includes a safe harbor provision that would require that fees and expenses not exceed those charged for a comparable account, as well as a requirement that fees and expenses only be charged against the income earned ... Banks are concerned that the limitation proposed on charging fees against the account will lead to these accounts needing to be subsidized by the IRA custodian, and, in effect, by other individual retirement account holders.
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |