Account Manager
National Retirement Services, Inc.
in NC

Pension Service Administrator
Beneco
in AZ

Business Success Executive
Betterment
in NY

Retirement Plan Administrator
Actuarial Consultants, Inc.
in CA

DC Plan Administrator
San Diego Pension Consultants
in CA

Post Your Job

View All Jobs

RSS Feed: All Jobs

Taxability of Fringe Benefits - Part 2: Commonly Provided Fringe Benefits
RECORDED
(IRS [Internal Revenue Service])

Taxability of Fringe Benefits - Part 3: Other Compensation and Payments to Employees
RECORDED
(IRS [Internal Revenue Service])

Public Health Exchanges and Consumer Engagement: Deloitte Research and Perspectives
September 23, 2015 WEBCAST
(Healthcare Web Summit)

Advanced Investments Management
September 29, 2015 in PA
(International Foundation of Employee Benefit Plans [IFEBP])

Tech Topics: Compliance and Reporting for IRAs with Hard-to-Value Assets
September 30, 2015 WEBCAST
(PenServ Plan Services, Inc.)

What the Healthcare Law Means for your Small Business
October 1, 2015 WEBCAST
(U.S. Small Business Administration [SBA])

Open Enrollment 2016 and More!
October 6, 2015 WEBCAST
(American Bar Association [ABA])

ACA Best Practices: Making Sense of Annual Health Care Reporting & Strategic Employee Communications
October 8, 2015 WEBCAST
(HR.com)

Meeting the Challenges: Leaves, Health Issues and Accommodations
October 8, 2015 in NC
(Littler Mendelson)

ERISA Workshop
October 13, 2015 in IL
(SunGard Relius)

Making Plan Committee Meetings Truly Work – Workshopping Real Problems with Real Solutions
October 13, 2015 WEBCAST
(EACH Enterprise)

Advanced Plan Design Workshop
October 14, 2015 in IL
(SunGard Relius)

Certificate in Global Benefits Management
October 19, 2015 in CA
(International Foundation of Employee Benefit Plans [IFEBP])

View All Webcasts and Conferences

[Official Guidance]

Text of IRS Notice 2015-61: Weighted Average Interest Rates, Yield Curves, and Segment Rate Applicable for September 2015 (PDF)
"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under section 417(e)(3), and the 24-month average segment rates under section 430(h)(2)[.] In addition, this notice provides guidance as to the interest rate on 30-year Treasury securities under section 417(e)(3)(A)(ii)(II) as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate under section 431(c)(6)(E)(ii)(I)." [Also available: Corporate Bond Yield Curve (XLS spreadsheet)] (Internal Revenue Service [IRS])  

[Advert.]

Are you making payments to dead people?

See how Fred stopped making payments to deceased participants using PBI's PlatinumPLUS solution with ObitPro! Contact us today for a 30 day NO CHARGE TRIAL. Call 415-482-9611 or email inquiry@pbinfo.com today ... you won't believe what you're missing!

[Guidance Overview]

Recent IRS Qualified Plan Corrections Guidance
"[Rev. Proc. 2015-27] addresses overpayments, provides new compliance fees for certain plan loan and required minimum distribution failures, extends the period for distributing excess annual additions, and provides other helpful EPCRS improvements. [Rev. Proc. 2015-28], issued less than one week later, provides long-awaited new guidance on automatic contribution failures, including errors attributable to automatic escalation and more lenient approaches for missed deferral errors of limited duration." (Ogletree Deakins)  

[Guidance Overview]

Relief for Elective Deferral Failures (PDF)
"[Rev. Proc. 2015-28] presents three new methods for correcting elective deferral failures in 401(k) and 403(b) plans.... Under all [three] new correction methods, the employer must also: [1] Make a matching contribution in the amount the participant would have received had the deferrals been handled correctly in the first place; [2] Provide a notice to the affected participants within 45 days of the date on which the proper deferrals started occurring; and [3] Calculate (and contribute) lost earnings for any corrective contributions the employer is required to make." (Pentegra Retirement Services)  

Tax-Qualified Retirement Plans: Special Rules Apply to Withholding on Distributions to Non-Resident Aliens
"[If] the individual is [a non-resident alien (NRA)] at the time of distribution, the NRA withholding rules apply, even if the individual spent all or part of his/her related service working in the United States. Assuming the NRA withholding regime applies, a flat 30% withholding rate generally is imposed on the portion of the distribution that is attributable to (i) all earnings that accrued on the participant's benefit, and (ii) contributions made with respect to the participant's period of service in the United States. Any contributions made with respect to the NRA's period of service outside of the United States are not subject to US income tax withholding. The IRS has provided special guidance on applying this concept to defined benefit plans." (Morgan Lewis)  

A 403(b) Collective Trust? A Note of Caution
"Two issues need to be addressed with a 403(b) plan's purchase of the collective trust interests of the sort that are typically sold to 401(k) plans. [1] Code Section 403(b) only permits investments in mutual funds and annuity contracts. The CIT interests purchased by 401(a) plans, however, are 'unitized.' ... [2] But even if you could do share accounting and overcome the legal and logistical challenges to making this work for the Tax Code's 403(b) rules, there is a serious securities law problem." (Business of Benefits)  

[Advert.]

Webconference Series For Retirement Plan Committee Presenters

This initiative helps client relationship managers, account managers, and plan investment advisors effectively lead plan committee meetings to promote effectiveness, client engagement, and innovation.

What Does Consistent Participation in 401(k) Plans Generate? Changes in 401(k) Account Balances, 2007-2013
28 pages. "The average 401(k) account balance fell 25.8 percent in 2008, and then rose from 2009 through year-end 2013. Overall, the average account balance increased at a compound annual average growth rate of 10.9 percent from 2007 to 2013, to $148,399 at year-end 2013.... Younger 401(k) participants or those with smaller initial balances experienced higher percentage growth in account balances compared with older participants or those with larger initial balances.... 401(k) participants tend to concentrate their accounts in equity securities.... Equity holdings by consistent 401(k) participants increased slightly among younger participants and decreased slightly for older participants." (Employee Benefit Research Institute [EBRI] and Investment Company Institute [ICI])  

DC Plan Participants Becoming More Confident in Retirement Goals
"Of the in-plan participants surveyed in Australia, Ireland, the U.K. and U.S., those in the U.S. have the most confidence, with 51% responding they feel 'extremely confident' or 'very confident' they will meet their retirement goals." (Pensions & Investments)  

Here's How Wide the Retirement Gap Is Between Men and Women
"Financial Finesse, which provides financial education programs to more than 600 organizations, examined data on median income, retirement savings, life expectancy, 401(k) salary deferral rates, and projected health-care costs for a woman and a man, each 45 years old. The goal: Figure out how much each needed in order to retire at age 65 and live on 70 percent of his or her pre-retirement income. The gap that emerged between the sexes: 26 percent. A man's retirement shortfall was more than $212,000. A woman's? More than $268,000." (Bloomberg)  

The Smartest Reason to Max Out Your 401(k) and IRA Contributions
"Even if you're found liable for a multi-million dollar legal claim, the opposing party can't touch your 401(k) -- except, that is, when the creditor is either a former spouse or the IRS. Individual Retirement Accounts, or IRAs, don't offer the same level of protection, but they, too, provide some shelter from creditors." (The Motley Fool, via USA Today)  

A Conservative Retirement Portfolio in Three Buckets
"Many retired investors are comfortable embracing a healthy equity stake in their portfolios.... This conservative bucket portfolio has a more modest goal: preserving purchasing power and delivering living expenses for the retiree who has an approximately 15-year time horizon (that is, life expectancy). This portfolio does stake more than 30% in equities, but it also holds about 55% of its assets in bonds and another 12% in cash. The remainder of the portfolio is in commodities and other securities, such as convertibles and preferred stock." (Morningstar)  

[Opinion]

Six Months Later and It's Now Clear the Current DOL Fiduciary Proposal Worsens Investor Protections
"Ironically, while promoted with much fanfare as a needed regulatory improvement to help protect retirement savers, the DOL's proposal may serve only to confuse the issue further.... Unfortunately, the DOL's proposed Conflict-of-Interest Rule, by allowing brokers to continue engaging in self-dealing conflict-of-interest while giving them the opportunity to also call themselves 'fiduciaries,' removes that singular advantage that RIAs have had.... Since it supports their end-of-the-work-as-we-know-it thesis, the brokerage industry seeks to emphasize the 'half-empty' aspect of the proposal. But it is the 'exemption' that offers the half-full side of things. In fact, the exemption language is big enough to drive a truck-load of conflicts-of-interest through." (Fiduciary News)  

[Opinion]

Robo-Advisers: Best Deck Chairs on the Titanic?
"Many of the current robo-advisers offer automatic rebalancing services, which automatically [adjust] an investor's portfolio allocations to their original percentages once certain thresholds are breached. The rebalancing takes place without regard to factors such as overall economic and/or stock market conditions. And therein lies the potential threat to an investor's financial well-being, and the opportunity for traditional investment advisers to establish their value proposition to investors." (The Prudent Investment Adviser Rules)  

[Guidance Overview]

Highlights of the SEC's Proposed Clawback Rule
"Which companies are affected? ... Who is an executive officer? ... What triggers a clawback? ... What time period of compensation is subject to recovery? ... How much incentive-based compensation is subject to recovery? ... Which types of compensation are not subject to recovery? ... What is the consequence of non-compliance? ... When would companies have to comply? ... What is the practical impact at this stage?" (Ogletree Deakins)  

Great-West Introduces HelloLife, a Holistic Retirement Income Program
Great-West Life & Annuity Insurance Company

Retrofit Weight Management Program Successful at Lowering BMI
Retrofit Inc.

Mercer Forms Strategic Alliance with Livongo Health to Provide Employers and Their Employees Better Solutions to Manage Diabetes
Mercer

ERISApedia.com adds Privacy and Security Enhancements to The Fiduciary Responsibility eSource
Burrmont Compliance Labs LLC

Pentegra Retirement Services Introduces Distribution Path to Support Greater Retirement Readiness
Pentegra Retirement Services

Marc Purintun Assumes Role as Chair of Williams Mullen’s Employee Benefits & Executive Compensation Practice
Williams Mullen

The Standard Introduces New Voluntary Employee Benefits
The Standard

View All Press Releases