"This final rule ... prescribe[s] the spreads component of the interest assumption under the asset allocation regulation for plans with valuation dates of July 31, 2026-October 30, 2026. These interest assumptions are used for valuing benefits under terminating single-employer plans and for other purposes."  MORE >>

"This revenue procedure provides a transfer tax safe harbor for certain individual donors who make one or more contributions to Trump accounts established under section 530A of the Internal Revenue Code.... [F]or taxpayers within the scope of section 4 of this revenue procedure, contributions to Trump accounts will be treated as completed gifts that are not gifts of future interests in property and to which the annual per-donee gift tax exclusion applies. As a result, taxpayers within the scope of section 4 of this revenue procedure will not be required to file gift tax returns reporting such contributions."  MORE >>

"[The recent SEC] staff statement on pooled employer plans (PEPs) ... announced that an ERISA-covered PEP would be allowed to rely on the 'single trust' exclusion to avoid registration as an investment company. Second, the staff confirmed that collective investment trusts (CITs) may use the existing Rule 180 exemption when issuing interests to qualifying PEPs that include self-employed individuals.... [T]he biggest takeaway ... may be what it didn't say about the multitude of other multiple employer plans (MEPs)."  MORE >>

"This update would amend Topic 715 of the FASB Accounting Standards Codification, which governs the measurement of pension liabilities for a plan sponsor's financial statements.... The proposed update would result in liability measurements that more closely track the account balances, consistent with the plan sponsor's true financial obligation."  MORE >>

"The Third Circuit confirmed that ERISA's duty of prudence is 'largely a process-based inquiry,' and that fiduciaries who hire an advisor, critically examine its recommendations and data, and follow up when needed to satisfy their duty -- even if the funds they retain underperform. The court provided rare appellate guidance on when summary judgment is appropriate on an ERISA prudence claim, distilling a three-part framework from its Unisys precedent for evaluating a fiduciary's process." [In re Quest Diagnostics ERISA Litigation, No. 24-2866 (3d Cir. June 22, 2026)]  MORE >>

"The public comments clearly demonstrate a lack of consensus on the proposed regulation. The [DOL] now must weigh these divergent opinions as it develops a final regulation. Despite the controversy, however, the Trump Administration is expected to issue a final regulation before the end of the calendar year. Once in place for private sector ERISA plans, [NCPERS anticipates] that several state legislatures will consider legislative or regulatory changes along the same lines for their public sector DC plans."  MORE >>

"The gateway is not the full nondiscrimination test; it is a threshold that must be met before the plan can use more favorable combined testing. In practice, it is supposed to prevent a plan from giving HCEs richer DB/DC combinations while NHCEs get only token allocations."  MORE >>

"Annuities may make sense for workers at jobs that are very stable and unlikely to result in small balances that need to be ported across employers.... [U]nlike assets like index funds, many annuities have a surrender fee that could be triggered when transferring savings from one provider to another at a job switch. Plus, workers in these more mobile jobs also tend to have lower incomes.... [T]hese workers may be better off holding onto their accounts to use as emergency savings instead of receiving a small monthly payment from an annuity."  MORE >>

"[HB26-1026] improves teacher retirement outcomes in three ways: [1] New option for purchasing PERA (Public Employees' Retirement Association) Service Credit which takes into account time out of the workforce. [2] Starting January 1, 2027 all districts must offer the excellent PERA 401(k) plan in both the pre-tax and Roth versions.... [3] Starting January 1, 2027 all districts must also offer the excellent PERA 457(b) plan in both pre-tax and Roth versions."  MORE >>

"[Technical Release 2026-02] states that Trump Accounts for children are not 'employee pension benefit plans' governed by ERISA.... Title I of ERISA defines mandatory standards for transparency, fiduciary conduct, vesting, and claims procedures for employer-sponsored retirement plans and health/welfare plans. These rules generally will not apply to the newly established Trump Accounts."  MORE >>