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DATAIR Government Forms Software (advert.)
EFAST2-approved 5500s with all schedules and PBGC forms, 1099Rs, 5300 series, FAS 158 (license only the modules you need). Built-in verification and expert live support assures accuracy. PC-based software for economy and maximum security.
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Preventing ERISA Claims and Litigation - March 29-30, 2011 (advert.)
Join leading ERISA experts from BP America, American Airlines, P&G, McDonalds, Sony, Verizon and more in 14 dynamic case studies, interactive panel discussions, workshops and topical luncheons addressing key topics surrounding ERISA.
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Influential Lawmaker Envisions Provident Fund Supplanting 401(k)s
"Sen. Tom Harkin, D-Iowa, chairman of the Senate Health Education Labor and Pensions Committee, would like to create a new private retirement system that is based on professionally managed pools of retirement funds."
(Investment News; free registration required)
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Wisconsin Businessman Sued for Diverting Profit Sharing Plan Assets
"The suit seeks a court order to restore money owed to the plan, correct transactions prohibited by law, remove [the company president] and Coin Builders LLC from serving as fiduciaries to the plan, and permanently bar them from serving as fiduciaries to any ERISA-covered plan in the future."
(PLANSPONSOR.COM)
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State and Local Workers: Gone But Not Off the Books
"Cities and states across the country are grappling with potentially crushing health and pension obligations for their current and future retirees. And as they do, stories of excess and gaming of the system are getting more attention than they have in the past . . . ."
(The Washington Post; free registration required)
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[Opinion]
Retirement Blues
"A recent article in the Wall Street Journal tells a sad tale of retirement preparedness: The typical pre-retiree baby boomer has less than one-quarter of what he or she needs in a 401(k) plan to retire. In my view, this assessment is entirely too bleak."
(The Vanguard Group, Inc.)
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[Opinion]
Big Baths and Pension Accounting
"According to 'Rewriting Pension History' by Michael Rapoport . . . several large multinational corporations are changing the way they report retirement plan numbers. The goal is to stop smoothing losses and gains and instead have current year earnings reflect the full extent of what is owed (or available as a surplus)."
(Susan Mangiero)
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[Opinion]
Public vs. Private: Plans for Retirement
"[F]or every dollar held in a retirement plan for a private sector employee, there is $3.18 in a retirement plan for a public sector employee. In addition, over 40% of the assets of private sector retirement plans are held in 401(k) plans which are funded primarily by contributions employees have deducted from their earnings."
(The Spectrem Group)
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Benefits in General; Executive Compensation
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[Guidance Overview]
Financial Institutions Face New Regulation of Incentive Compensation
"The proposed rules would not become final until six months after publication in final form in the federal register. Final rules would not be adopted until all seven of the federal regulatory agencies with authority to implement Section 956 of the Act have adopted the proposed rules and the comment period with respect to the proposed rules has lapsed."
(McGuireWoods LLP)
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Eliminating the 'Worksite' from Worksite Voluntary Benefits Using a Virtual Benefit Counselor
"For employers who currently use their human resource information system or benefit administration online enrollment platform for open enrollment, the most advanced [virtual benefit counselor] technology can easily 'bolt on' to the existing platform, providing effective communication of benefits and a superior open enrollment experience."
(Employee Benefit News; free registration required)
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Press Releases
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